Beats me why they’re getting so much media attention. It will be good when Parliament resumes and there’s some actual legislative action to talk about. — Wayfarer
The women in this party are so assertive now — Alan Stockdale, to NSW Liberal’s Women’s Council
Recognising quite what an ill-conceived, ludicrously expensive, uncertain project AUKUS is, and just how unreliable a partner the US has become under Trump, might be a useful step on the path to national strategic self-awareness.
We really could stop the conflicts in Ukraine and Gaza if Xi had a word with Putin and the US stopped supplying Israeli Prime Minister Benjamin Netanyahu with the weapons and money to slaughter women and children. But climate change would still be coming to get us.
He said in a Thursday statement that the Pentagon review was “subjecting the deal to the kind of scrutiny that should have been applied to Aukus in the first instance”, describing the deal as “hurriedly scribbled on the back of an envelope by Scott Morrison, along with the vacuous British blowhard Boris Johnson, and the confused president, Joe Biden – put together on an English beach, a world away from where Australia’s strategic interests primarily li — Gardian
Keating says — Banno
Do you have political aspirations, at this stage in your life? — kazan
Don't you ever think of getting involved in Australian politics actively? — javi2541997
Australian smile. — javi2541997
And remember that Albanese has seen Xi Jinping four times, and Trump zero.
What to make of the shenanigans of the Nationals, wanting to drop zero emissions? — Banno
So bring on the Revolution...! — Banno
There is substantial evidence that the degree of competition in the Australian economy has declined over the decade or so leading up to the COVID-19 pandemic. This has the potential to weigh on productivity, and in turn incomes, and so the welfare of the Australian people. In this paper we calibrate the general equilibrium model from Edmond, Midrigan and Xu (2023) to Australian microdata to answer the following question: If the degree of competition in the Australian economy had not declined from mid-2000s levels, how much higher would aggregate productivity and GDP be due to resources being better allocated across firms throughout the economy? The answer, according to this model, is 1–3 per cent. The model also suggests even larger economic costs once we account for other channels through which rising mark-ups affect the economy, though these are less precisely estimated. — Reserve bank
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