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How can Australia pay $368 billion for new submarines? Some of the money will be created from thin air

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Australia’s decision to buy three nuclear-powered submarines and build another eight is so expensive that, for the A$268 billion to $368 billion price tag, we could give a million dollars to every resident of Geelong, or Hobart, or Wollongong.

Those are the sort of examples used by former NSW treasury secretary Percy Allan on the Pearls and...

NZ’s rising house insurance premiums warn of a system under strain
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How Australia and NZ rules on plant milks differ from overseas, where cows make the only ‘milk’
Madalyn Cox/UnsplashLast month, the United Kingdom’s Supreme Court determined that plant-based drink maker Oatly could …
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Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Criminal penalties for corporate wage theft are appealing, but won't fix the problem on their own
Australian supermarket giant Coles and discount chain Target this week joined an ignominious list of large corporations caught up in “wage theft” scandals. Coles confessed to underpaying salaried employees…
5 ways the Reserve Bank is going to bat for Australia like never before
Olga Kashubin/ShutterstockThe most important of the five measures the Reserve Bank announced on Tuesday is the one that won’t whirr into place for a very long time.Others start immediately. On…
The sharing economy is shaking up tradition ownership
In recent years, there has been a strong focus on the importance of ‘ownership’ in the context of personal financial security. However, the rise of digital and online platforms which…

Is your search bar your competitor’s best salesperson?

A few weeks ago, I was watching the Super Bowl. Traditionally, those halftime ad spots are reserved for the world’s biggest, most established bran...

AIIMS Group and AdVisible merge

Two of Australia’s most established independent agencies unite, creating marketing powerhouse backed by three decades of combined experience ...

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We spend millions designing features that save users 30 seconds. Block just saved thousands of employees 40 hours a week. That's not a crisis. That's...

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Leonardo.Ai reveals new brand, expanding its creator-first platform for the next era of generative AI

The company has also launched its developer API to empower creators and builders to integrate AI into their workflows SYDNEY, Australia – 19 Febr...

Psychosocial injury risk starts inside workplace microcultures

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How can Australia pay $368 billion for new submarines? Some of the money will be created from thin air

NZ’s rising house insurance premiums warn of a system under strain

How Australia and NZ rules on plant milks differ from overseas, where cows make the only ‘milk’

Australian economy picks up speed, but managing inflation and rates is getting harder

Labour-National standoff aside, the India-NZ trade deal is a blueprint for real growth

Even if Australians won an extra week of leave, we’d need to make sure they could take it

Why surging oil prices are a shock for the global economy – but not yet a crisis

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Criminal penalties for corporate wage theft are appealing, but won't fix the problem on their own

5 ways the Reserve Bank is going to bat for Australia like never before

The sharing economy is shaking up tradition ownership

Is your search bar your competitor’s best salesperson?

AIIMS Group and AdVisible merge

Block's layoffs are a design win. Here's why

Why I Decided to Build a Better Way to Build Homes

Leonardo.Ai reveals new brand, expanding its creator-first platform for the next era of generative AI

Psychosocial injury risk starts inside workplace microcultures

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

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