Governments are pouring money into housing but materials, land and labour are still in short supply

By Flavio Macau, Edith Cowan University and Deepa Bannigidadmath, Edith Cowan University As Australia’s housing affordability crisis worsens, governments are spending more on housing. Victoria’s Andrews government has announced a suite of reforms (such as boosting social housing and making planning processes faster) in an effort to get 800,000 extra homes in Victoria over the…

Australia’s lack of economic complexity on display – again

Australia’s overreliance on exporting largely undifferentiated commodities has been laid bare in data released by the Harvard Kennedy School which shows that the country’s Economic Complexity Index (ECI) rating has plummeted to 93rd, down 12 positions in the past ten years. The Harvard Index systematically ranks 133 countries by their ability to manufacture and export…

Productivity Commission fails as others forge ahead – by Tim Buckley

In recent days @AuManufacturing readers have critiqued federal governments efforts to ‘reform the Productivity Commission (see below). Here in our final part of a series, Tim Buckley argues Australia cannot afford more of the same from the PC, which continued to misread profound societal and economic change underway globally. Treasurer Jim Chalmers’ announcement yesterday of…

Treasurer opts for tinkering with mostly ignored Productivity Commission

By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…

How much longer must we put up with the PC – by Roy Green

This week’s report from the Productivity Commission targeted Australia’s energy policies as a form of industry assistance – anathema to the dry economic policy group. Here, Roy Green finds the Commission out of touch with Australia’s needs. This is another tiresomely predictable and formulaic report from the Productivity Commission. Ironically it takes issue with the…