Tony Makin

Why our fiscal situation is much worse than you think

20 September 2021 4:00 am

According to the latest International Monetary Fund data, Australia’s budget deficit and level of public debt are set to reach…

Just what is the Reserve Bank up to?

24 August 2021 4:00 pm

The conduct of monetary and fiscal policy since the pandemic began has no parallel in Australia’s economic history, certainly not compared to what happened during the more severe Spanish Flu a century ago.    Back then in the…

Budget 2020: we need a strict supply side focus to fix this government induced recession

29 September 2020 5:00 am

The dictum that “a little knowledge is a dangerous thing” rings very true in the run-up to the federal budget.…

Extra infrastructure spending won’t build a road out of the corona recession

1 September 2020 3:50 pm

Increased government spending on infrastructure has been proposed yet again to revive the economy from the government-imposed recession.  The latest…

The two great threats of 2020: coronavirus – and Keynes

24 June 2020 5:00 am

The fiscal response to the COVID-19 pandemic leaves an economically threatening legacy of high budget deficits and public debt. Australian…