I’m taking a bit of a break from Twitter, which means I don’t have anywhere to share links to interesting things I come across. I thought I’d put a few up here.
John Black has another piece in The Weekend Australian, which I read against my better judgement. His point seems to be that the federal Labor government sabotaged the labour market, and particularly that it worked against the interests of employees in traditional blue collar industries.
I have a new piece in Guardian Australia about housing policy, specifically the way that restricting housing supply (in the inner cities or on the fringes) pushes prices up.
The Atlantic ran a piece recently titled The Most Important Economic Stories of 2013 – in 44 graphs. I thought it might be interesting to recreate the graphs using Australian data, where possible. I’ve taken the US graphs, selected by a range of economists and economics writers in the US, and tried to recreate them the best I can using the Australian data I have to hand. The first instalment is below – I’ll try and post the rest soon.
I thought this was a particularly interesting sentence in today’s mini-Budget, in light of the anti-carbon pricing campaign over the past couple of years:
The removal of the carbon tax is expected to lower headline and underlying inflation by less than 1/4 of a percentage point in 2014-15, relative to the 2013 PEFO, which had factored in the previous Government’s policy of moving to a carbon trading system.