In a big Australia, there are more people, more profits. But it’s a lazy way to grow. This opinion piece by Richard Denniss, first published in The Age, argues that population growth should impose obligations on governments to invest in new schools, new hospitals and new public transport.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Productivity is often mistaken for wages. What does it really mean? How does it work?
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,
Australians have lost 14 years of progress on living standards. A wages breakout? Please. If only
Remember all that talk about wage-price spirals? About wages driving inflation? All that worry about a wages breakout causing interest rates to rise? Ahh yes, good times.
Profiting from pain: how the big 4 banks cash in on battling borrowers
Australia’s big four banks make more than $200,000 profit from an average Australian home loan.