Gripped by an ‘Abundance fever’ that makes us see only red

by Amy Remeikis in The New Daily

Canberra is in the grip of Abundance fever, a virus that threatens to overwhelm public policy with a diagnosis of overregulation. For those afflicted, the treatment is to maintain the status quo, but with the sheen of progressivism. The Abundance agenda is being presented as a panacea for all of America’s problems, and therefore also Australia’s problems. It’s shaping

The Productivity Commission is floating AI copyright exemptions – with worrying implications for Australian authors and publishers

by Alice Grundy in The Conversation

In an interim report released overnight, Harnessing data and digital technology, the Productivity Commission has floated a text and data mining exception for the Australian Copyright Act. This would make it legal to train artificial intelligence large language models, such as ChatGPT, on copyrighted Australian work. AI training would be added to the list of

July 2025

June 2025

May 2025

April 2025

Dutton’s nuclear push will cost renewable jobs

by Charlie Joyce

Dutton’s nuclear push will cost renewable jobs As Australia’s federal election campaign has finally begun, opposition leader Peter Dutton’s proposal to spend hundreds of billions in public money to build seven nuclear power plants across the country has been carefully scrutinized. The technological unfeasibility, staggering cost, and scant detail of the Coalition’s nuclear proposal have

March 2025

February 2025

Productivity is often mistaken for wages. What does it really mean? How does it work?

by David Peetz

Australia’s productivity growth has reverted to the same stagnant pattern as before the pandemic, according to the Productivity Commission’s latest quarterly report. Productivity is complex and often misunderstood in media and policy debates. So before we read too much into this latest data, here are six key things to understand about productivity. 1. It’s about quantities,

January 2025

December 2024

Secret research undermines democracy

by Jack Thrower

This month, the Australian economic debate was hijacked by a report from the world’s most powerful consulting firm: McKinsey & Co. The consulting firm apparently found that declining living standards represent a “national emergency” – and the care economy, regulations and Australia’s corporate tax rate are to blame for low productivity growth. The only problem?

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