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?

It’s official: the Reserve Bank of Australia will have its board split in two, and two new appointees will join the reconfigured monetary policy board, whose job it is to make decisions on interest rates. The move was recommended by an independent review panel in 2023. The new members of the monetary policy board, one

Japan and Australia enjoy a long-standing relationship when it comes to energy trade. According to Japan, “(t)he energy and resources sector is the bedrock of the Japan-Australia economic partnership”. But the two countries’ efforts to decarbonise their economies to reach their respective emissions reduction targets have been threatening to jeopardise this gas-fuelled obsession. Japan has