The Australian Bureau of Statistics (ABS) has released the monthly CPI indicator for August, which recorded a jump in headline inflation to 3.0%—the highest result since July 2024. In better news, the policy-relevant trimmed mean inflation moderated to 2.6% in August, down from 2.7% in July. The main driver of the rise in headline CPI
You might have seen the picture above. It’s the Tacoma Narrows bridge which collapsed a few weeks after being built. Why? Well what you can see here is the perturbations from the wind being amplified by the suspension system on … Continue reading →
Ross Gittins wins 2025 E.J. Craigie Writing Award for the best article reflecting the ideas of Henry George. Prosper Australia is pleased to announce Economics Editor for The Age/Sydney Morning Herald, Ross Gittins, as the recipient of the E.J. Craigie Writing Award for 2025 for his article: Productivity Commission wants our big mining companies to […]
Concrete surface polishing has become one of the most effective ways to improve both the appearance and performance of floors. It’s not just about creating a shiny surface — it’s about giving concrete a smooth and durable finish that can last for years. Whether used in homes, offices, or commercial spaces, polished concrete offers a clean and professional look that’s easy to maintain and built to last.
Understanding Concrete Surface Polishing
I remember the shock of recognition I got reading liberal Raymond Aron’s critique of Hayek’s The Constitution of Liberty. The ideal of a society in which each would choose his gods or his values cannot spread before individuals are educated … Continue reading →
The Economic Reform Roundtable is ostensibly all about productivity. Treasurer Jim Chalmers has argued that cutting red tape and speeding up approvals is the key to unlocking growth. It’s the old trickle-down idea made new again by Ezra Klein’s book Abundance: make it easier to build, and prosperity will follow. It’s an appealing story. But […]
I am about to break my indication that I am unlikely to post again until after Jen’s death. I am bored to death in this Regis joint filled with old codgers with assorted disabilities. How many I will write is … Continue reading →
Troppo readers may be wondering why I haven’t been blogging lately, after making a comeback several months ago after a long absence. The reason is that my wife Jen is in hospital dying from ovarian cancer. It’s very distressing, both … Continue reading →
This is becoming a series. The point is that public figures now routinely refuse to engage with counter-arguments. I have another one not yet written about Nobel Laureate Brian Schmidt who did not respond to three polite emails from me. … Continue reading →
Summary To improve productivity Australia needs to shift taxes off work and enterprise and onto the economic rents from land, natural resources, and monopolies. This principle should be at the heart of any economic reform agenda. Income tax should be rebalanced to favour productive effort over unearned gains, beginning by scrapping CGT concessions. States should […]
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