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/

Jaksot(316)

Is the “world’s worst electric vehicle policy” really so bad?

Is the “world’s worst electric vehicle policy” really so bad?

Dubbed by some as the “world’s worst electric vehicle policy”, Victoria introduced a per-kilometre charge on electric vehicles and plug-in hybrids in 2021. EV drivers were so riled up about the charge that they headed to the High Court to fight it. We’re now awaiting the High Court’s decision, which will determine whether state governments have the constitutional authority to impose the tax. But is it really such a bad policy? And, more broadly, why is Australia so far behind other countries in making the switch from high-polluting petrol and diesel vehicles to EVs? In this latest Grattan Podcast, our transport experts Marion Terrill and Natasha Bradshaw discuss the implications of the High Court case for revenue-raising, electric vehicle take-up, and the future of road-user charging.

14 Elo 202311min

What's the YIMBY movement and how can it help housing policy?

What's the YIMBY movement and how can it help housing policy?

Grattan Institute’s work on housing policy keeps coming back to one basic idea: Australia needs more housing in the areas where people want to live and work. So why hasn’t Australia built enough homes to keep prices under control? Because of the land-use planning regulations that dictate what gets built where. Those planning regulations have a status-quo bias. They give too much say to people who oppose development or change – the so-called ‘NIMBYs’, or ‘Not-in-my-backyard’. Enter the ‘YIMBY’ movement: enthusiastic young people who say ‘Yes-in-my-backyard’. In this special Grattan podcast on Australia’s housing crisis, our Senior Associate, Joey Moloney, and guests Jono O’Brien and Melissa Neighbour from the YIMBY movement discuss this grass-roots movement that aims to revolutionise the housing debate and make it easier for young Australians to get a roof over their heads.

7 Elo 202326min

Why is childcare so expensive?

Why is childcare so expensive?

Early education and care are hugely important. It’s where children are first exposed to the education system, in a period that’s crucial for their brain development. It's also important for the economy – particularly for supporting women back into the workforce. So why is it so expensive, even with government subsidies? Listen to Grattan CEO Danielle Wood, in conversation with Grattan Fellow Iris Chan, on how to make childcare cheaper.

30 Heinä 202313min

What the NAPLAN changes mean for parents and teachers

What the NAPLAN changes mean for parents and teachers

This year, the NAPLAN report card will look very different. For the first time, parents will be told whether their child has met the new “proficient” benchmark for their level, in reading, writing, numeracy, and grammar. With four proficiency categories, all with new terminology, what does this mean for parents and teachers? Grattan Institute Associates Nick Parkinson and Dominic Jones discuss the new-look NAPLAN.

24 Heinä 202310min

Why the federal government should stay in its lane on infrastructure funding

Why the federal government should stay in its lane on infrastructure funding

The federal government has called a 90-day snap review of the Infrastructure Investment Program. The program was originally intended to fund projects of national significance, but has since ‘drifted away’ from those lofty ambitions. But should the federal government be involved in infrastructure funding at all? Grattan Institute research has shown that federal funding of state and local infrastructure projects is often an exercise in pork-barrelling. After all, local road roundabouts and train-station carparks aren’t exactly the Sydney Opera House. In this special Grattan Podcast, our transport and cities experts Marion Terrill and Natasha Bradshaw discuss with host Kat Clay how federal infrastructure money should be best used.

16 Heinä 202323min

Are rate rises the only way to stop inflation?

Are rate rises the only way to stop inflation?

The RBA has held off on raising the cash rate - for now. This comes as a sigh of relief to home owners, who have slogged through 12 rate rises since May 2022. But with warnings of further rate rises, many people are questioning whether they’re the only way to stop inflation. Listen to Trent Wiltshire, Deputy Program Director of Economic Policy, and Joey Moloney, Senior Associate, discuss how to stop inflation with host Kat Clay. For more information, visit: https://grattan.edu.au/

9 Heinä 202334min

Is it time to ban junk food advertising for children?

Is it time to ban junk food advertising for children?

Independent MP and former GP Sophie Scamps has introduced a bill into federal parliament that would restrict junk food advertisements aimed at children. This isn’t the first time a ban on junk food advertising has been floated. But there are more reasons than ever to make it happen. Listen to Peter Breadon, Health Program Director, in conversation with host Kat Clay, to discuss the bill, and what governments should do to decrease childhood obesity. Donate to Grattan: grattan.edu.au/donate

25 Kesä 202312min

Getting off gas: the case for all-electric homes in Australia

Getting off gas: the case for all-electric homes in Australia

Many Australians use gas for cooking, heating, and hot showers. But Australia won't hit its net zero emissions target by 2050 unless it gets off gas. To do this, we need to move our homes to efficient electric appliances. Listen to the authors of Grattan's latest report, Getting off gas, discuss why, how, and who should pay for this change. Featuring Tony Wood, Energy and Climate Change Program Director, Alison Reeve, Deputy Program Director, and Esther Suckling, Associate. Read the report: https://grattan.edu.au/report/getting-off-gas

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