Are we facing a low growth future? - Part 2
Grattan Institute10 Loka 2017

Are we facing a low growth future? - Part 2

In part 2 of this two-episode podcast, with the help of Australian Perspectives Fellow Brendan Coates and Productivity Growth Director Jim Minifie we follow up on our discussion into the evidence that economic growth may be slower in the future and what might explain it with an in-depth chat about what policymakers could do in response. One of the big policy debates in Australia and around the world right now is whether economic growth will be slower in the future than in the past. Nearly a decade after the Global Financial Crisis and economic growth remains weak in many rich nations. Australia has been an exception to the malaise, but growth has slowed as the mining boom winds down. A growing number of voices are wondering whether we’ve entered a “new normal” of slower economic growth, which would have big implications for Australians’ future living standards, our public policy choices and the state of our politics. Further readings To help listeners navigate the debate, below are a few references cited in the podcast discussion. John Daley et al, Gamechangers: economic reform priorities for Australia, 2012. If Australian governments want to increase rates of economic growth they must reform the tax mix, and increase the workforce participation rates of women and older people. Together these game-changing reforms could contribute more than $70 billion to the Australian economy. Governments should concentrate their limited resources for economic reform where they can have the greatest impact on Australian prosperity https://grattan.edu.au/report/game-changers-economic-reform-priorities-for-australia/ John Daley et al, Balancing Budgets: tough choices we need, 2013. This report examines all realistic reforms that would contribute $2 billion a year or more to government budgets. It favours reforms that are big enough to make a difference, do not produce unacceptable economic and social effects, and spread the burden of reform across the community. Sharing the pain is not only fair, it makes change easier to sell to the public. https://grattan.edu.au/report/balancing-budgets-tough-choices-we-need/ John Daley et al, Orange Book 2016: Priorities for the next Commonwealth Government, 2016. This report surveys policy recommendations from seven years of Grattan Institute reports and outlines what the incoming Commonwealth Government should do to improve Australia. https://grattan.edu.au/report/orange-book-2016-priorities-for-the-next-commonwealth-government/ Jim Minifie et al, Stagnation nation, Grattan Institute, 2017. Is Australia at risk of economic stagnation as the mining investment boom fades? While the decline in business investment is no cause for panic, policymakers must do more to ensure we remain a dynamic, growing economy. https://grattan.edu.au/report/stagnation-nation/

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Post Trump, Post Brexit, Post Policy: the Rise of Populism – Brisbane

Post Trump, Post Brexit, Post Policy: the Rise of Populism – Brisbane

Event podcast: Established political parties are struggling across the developed world, while “outsider parties” rise. In this State of Affairs event, Grattan CEO John Daley presented detailed Grattan analysis about the real shifts in Australia’s economy, culture and institutions, and which of them are plausibly linked to shifts in voting.

17 Elo 20171h 21min

Rising inequality in Australia?

Rising inequality in Australia?

A conversation with Australian Perspectives Fellow, Dani Wood. The question of whether inequality has been rising or falling in Australia appears to be difficult to answer at first glance - and a different story emerges when looking at income inequality or wealth inequality. So just what is happening to inequality here in Australia? How do we compare to the rest of the world? And what are our politicians suggesting to bridge the gap?

15 Elo 201715min

Safety and Quality – time to stop just goggling at the problems our data reveals – Melbourne

Safety and Quality – time to stop just goggling at the problems our data reveals – Melbourne

Event Podcast: The health system is awash with data. Nearly all of it tells us that we could improve. Yet our current improvement efforts are surprisingly limited in their scope. In this Policy Pitch event, a panel of experts discussed how to improve the soundness, relevance, accessibility and understanding of health data.

15 Elo 20171h 9min

Regional patterns of Australia’s economy and population

Regional patterns of Australia’s economy and population

A conversation with Australian Perspectives Fellow, Danielle Wood. The popular idea that the economic divide between Australia’s cities and regions is getting bigger is a misconception. Beneath the oft-told ‘tale of two Australias’ is a more nuanced story.

2 Elo 201715min

Australia's Post-Finkel Energy Future

Australia's Post-Finkel Energy Future

An interview with Grattan Institute Associate, Kate Griffiths. Following the release of the Finkel review into the security of the National Electricity Market, the COAG Energy Council of state and federal Energy Ministers came together last Friday 14 July to discuss the review's recommendations. What did COAG agree, what’s missing and what are the next steps?

31 Heinä 201715min

Higher education funding – the pressures, the changes and possible solutions

Higher education funding – the pressures, the changes and possible solutions

A conversation with Higher Education Fellow, Ittima Cherastidtham. Higher education is a complex sector. There are many types of providers from universities to private providers and TAFEs. And with Higher Education getting a lot of attention during this year’s Budget from the Coalition, there is one issue that has and will continue to remain – that of the tension between private and public funding.

17 Heinä 201714min

What are we listening to?

What are we listening to?

A conversation with Australian Perspectives Fellow Brendan Coates and Associate Lucille Danks featuring a number of Grattan staff discussing the rise of podcasts, why they're listening and what they listen to on policy, politics... and just for fun. Links to some of the podcasts discussed: Global affairs and emerging themes The Ezra Klein Show: https://www.vox.com/ezra-klein-show-podcast The Weeds: https://www.vox.com/the-weeds FT Alphachat: https://ftalphaville.ft.com/series/Alphachat?mhq5j=e3 Conversations with Tyler: https://www.mercatus.org/commentary/conversations-tyler Australian politics and current affairs Politics with Michelle Grattan, The Conversation’s politics podcast: https://theconversation.com/au/podcasts/politics-with-michelle-grattan The Party Room Fran Kelly and Patricia Karvelas, The ABC: http://www.abc.net.au/radionational/programs/partyroom/ Conversations with Richard Fidler, The ABC: http://www.abc.net.au/radio/programs/conversations/ It All Adds Up, Fairfax Media: https://itunes.apple.com/au/podcast/it-all-adds-up/id1241854479?mt=2 Ideas at the house: https://itunes.apple.com/au/podcast/ideas-at-the-house/id640445035?mt=2 The Fifth Estate: https://www.wheelercentre.com/broadcasts/podcasts/the-fifth-estate

12 Heinä 201754min

Housing affordability: Resurrecting the Australian dream – Melbourne

Housing affordability: Resurrecting the Australian dream – Melbourne

Event podcast: In this Policy Pitch event at the State Library of Victoria, Sally Capp (Victorian Executive Director at the Property Council of Australia), Nicki Hutley (Director & Chief Economist at Urbis) and Brendan Coates (Fellow at Grattan Institute) discussed the problems, and weighed the options for reform.

11 Heinä 20171h 23min

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