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News
Why GDP is no longer an accurate measure of living standards
1+ hour, 17+ min ago (482+ words) GDP has evolved from one useful measure of economic production decades ago into the universal yardstick against which almost everything else is judged: debt, greenhouse emissions, productivity and even share market and housing values. I’m not the only sceptic. Barely…...
GDP per capita flatlines; economy on life-support
4+ day, 18+ hour ago (269+ words) “Any improvement in living standards remains moribund, with per capita economic growth barely crawling above zero per cent in the past quarter and still lower than when the current federal government first came into office,” said Dr Kevin You, Senior…...
No shame in the democracy game
4+ day, 20+ hour ago (735+ words) I’m not sure if you’ve noticed, but Australian citizenship – the practice, not the now cheaply won legal status – is undergoing its most profound reformation in more than half a century. Not since the Whitlamite travails of ’75 so exercised the Left has…...
The Victorianisation of Australia
4+ day, 23+ hour ago (765+ words) Australians’ living standards have gone backwards since the end of the pandemic in 2022. In a healthy economy, per capita gross domestic product (GDP) should increase over time, roughly signalling an increase in living standards and material quality of life. In…...
National ooshie accord failed again – nearly 100,000 homes behind
5+ day, 20+ hour ago (280+ words) “Today’s housing approvals data show the federal government’s marquee housing policy, the National Housing Accord, is in disarray, with an approvals lag of at least 88,784 homes,” said Dr Kevin You, Senior Fellow, at the Institute of Public Affairs. Earlier this…...
I’m a psychologist and I get worried when parents say this about their teenage boys
5+ day, 22+ hour ago (964+ words) If you are raising a teenage boy in Australia right now, you could be forgiven for occasionally looking across the dinner table and wondering: is there something I should be worried about? Recent headlines involving boys and young men, alleged…...
Government inflation six times market
1+ week, 4+ day ago (433+ words) “Inflation has risen because of high and rising government spending and interference in the economy. Australia’s current wave of inflation is a home-grown problem, caused overwhelmingly by government mismanagement” said Adam Creighton, Chief Economist at the Institute of Public Affairs....
Overseas migration 86% Melbourne’s population boom
2+ week, 1+ hour ago (241+ words) “Melbourne has been growing faster than any other part of Australia on the back of unprecedented overseas migration in the immediate years following the covid-19 pandemic,” said Dr Kevin You, Senior Fellow at the Institute of Public Affairs. IPA analysis…...
Analysis of regional migration flows 2023-2025
2+ week, 2+ hour ago (486+ words) The Institute of Public Affairs is an independent, non-profit public policy research organisation, dedicated to preserving and strengthening the foundations of economic and political freedom. The Institute of Public Affairs was founded in 1943 as a non-profit educational research organisation. Our…...
Queensland and South Australia poised to challenge Victoria as the nation’s fiscal dunce
2+ week, 1+ hour ago (470+ words) “Victoria may have earned the reputation as Australia’s most fiscally reckless state, but Queensland and South Australia are now mounting a serious challenge for the title,” said Adam Creighton, Chief Economist at the Institute of Public Affairs. New IPA analysis…...