Oz Blog News Commentary

Articles from Peter Martin

GDP is V-shaped, but not yet good. These three graphs tell the story

March 3, 2021 - 20:51 -- Admin

There’s one graph that sums up both the good and not-yet-as-good detailed by Treasurer Josh Frydenberg at Wednesday’s national accounts press conference.

It’s a graph of the level of Australia’s gross domestic product – how much is produced and earned each three months in Australia – adjusted for inflation.

Josh Frydenberg has the opportunity to transform Australia, permanently lowering unemployment

March 3, 2021 - 20:37 -- Admin

Josh Frydenberg has the opportunity to become a transformational Australian treasurer. He has been bequeathed a set of circumstances that comes along rarely.

He has already shown himself able to shift the debate on important topics in order to achieve the previously unthinkable.

Most recently he did it with Google and Facebook, getting them to pay news providers for content using legislation that led the world in its breadth and force.