Incoming Feed Items

Chasing a chimera: The political dream of AUKUS that consumes reality

 — Organisation: The Australia Institute — 

For the sake of taxpayers, let’s hope that the Audit Office is inspecting the AUKUS books closely.

Australian money is flushing into the US submarine construction system – a billion US dollars so far, with another billion by year’s end. What will Australia have to show for it?

Nothing. Except, of course, for a lot of international travel and glad-handing by the naval officers and public servants who work in the Australian Submarine Agency.

Hitherto, the only explanation for totally unsecured payments to the US is our need to contribute to America’s submarine-building capacity so that, at some date that seems to be sliding ineluctably further away, we are able to buy some Virginia-class submarines and embark on our adventure as a nuclear-powered submarine navy. Right now, the US yards cannot meet the demands of the US Navy, let alone ours. They need to double their production rate.

Powell Will Hang Separately: The Federal Reserve Has Already Failed its Duty to Lisa Cook and the Constitution

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
Powell Will Hang Separately: The Federal Reserve Has Already Failed its Duty to Lisa Cook and the Constitution

This is a free Notes on the Crises article. A reminder to readers that the various activities run out of the still-new Notes on the Crises office cost money, while an enormous amount of time and effort goes into my writing and my constant dedication to refresh and deepen my expertise on multiple complex and intersecting subjects. Taking out a paid subscription helps support these activities. Final note: thanks to Paul Krugman for his shout out yesterday.

Neighbourhood (Food) Democracy: Supporting Participation of Equity-Denied Groups in Addressing the Issue That Affects Them

 — Publication: Perspectives Journal — 

Food insecurity in Canada represents a pervasive systemic issue that has a devastating population impact, while those most affected by the failings of the food system have little say in its governance. By enabling food democracy through democratic participation, Canadians and citizens everywhere can reclaim control of the food system and enable its transformation. Citizen participation is a critical factor for the development of just and effective policies, and for the health of a democracy. However, public participation in Canada is in crisis as those most affected by the issues are either excluded from public processes or experience significant barriers to participation. While the minimalist model of democratic governance equates democracy with casting votes during an election, other models see active citizen participation in civil society and public discourses as necessary for democratic stability. 1

Who’s going to stand up and make Nazis ashamed again?

 — Organisation: The Australia Institute — 

The march is advertised as being about ending mass immigration. Of course, there is no “correct” level of immigration to Australia – this will always be a democratic question that’s up for debate. But it’s equally clear that’s not what these protests are really about.

The media and anti-fascism activists have revealed that some of the organisers of the marches have posted white nationalist ideas like “remigration”, including pro-Nazi and pro-Hitler memes, and threatened violence. March for Australia has denied links to some prominent neo-Nazis.

While Australians firmly rejected the Coalition’s harsh anti-immigration rhetoric and policies under Peter Dutton’s leadership, scapegoating immigrants is a sadly effective tactic in politics and in the media.

More than one politician has voiced support for the March for Australia, including independent MP Bob Katter, who threatened to punch a journalist for mentioning his Lebanese heritage when questioning him about his support for the anti-immigration rallies.

The insane things we throw away

 — Organisation: Climate Town — 

Coalition’s Iran fail the latest proof of its intellectual malaise

 — Organisation: The Australia Institute — 

It is hard to see where it goes from here.

In a 1954 lecture, then prime minister Robert Menzies said: “A man may be a tough, concentrated, successful money maker and never contribute to his country anything more than a horrible example.”

He, of course, was talking about managers, but the same could apply to the members of his party in 2025.

You don’t have to go too far back to trace the origins of the intellectual malaise that afflicts the party. John Howard was unshakeably a conservative and paved the way for what we are seeing now. Scott Morrison and Peter Dutton were the inexorable end point of Howard’s style of leadership, each having further diluted the conservative value beliefs their mentor held dear, while grasping onto Howard’s single-eyed drive for personal power.

Like Tony Abbott before them, they sought to mould the party into their own personal project, but even Abbott could claim an ideologue’s drive.

Morrison and Dutton were slaves to their own personal instincts, which is why their exit from domestic politics has been so seamless. Both disappeared like they were never there, because they weren’t. Not truly.

When their personal ambitions were thwarted, they simply moved on. In their wake, they have left a party barren of any meaning.

New data reveals the abject failure of a project which cost taxpayers $15 million

 — Organisation: The Australia Institute — 

The data is buried in a footnote of the latest government inventory of greenhouse gas emissions. It reveals that the Moomba CCS project, owned by Santos, captured just half a megatonne of emissions in the first quarter of 2025.

World-renowned climate analyst and Senior Research Fellow at The Australia Institute, Ketan Joshi, says this equates to just 4.6 days’ worth of Santos’ total emissions and just 1.6 days’ worth of domestic emissions from Australia’s fossil fuel industries.

“In a full year, Santos will, at most, capture about 4.3% of their total emissions – yet it was paid $15 million from the Morrison government to fund this carbon capture and storage facility,” said Ketan Joshi, Senior Research Fellow at The Australia Institute.

“If that’s not bad enough, they are now being issued carbon offsets for the use of the CCS facility, which means that another polluter can buy the offsets from this facility to greenwash their emissions, as well.

“The truth is, carbon capture and storage is one of the biggest false promises in the fight against climate change.

“CCS is a fantasy policy at a time when Australia and the world need the exact opposite – real action to reduce real emissions on the road to real zero. Rather than dodgy offsets and questionable carbon capture and storage projects, it’s time to stop new gas and coal projects.”

Is population growth driving the housing crisis? Here’s the reality

 — Organisation: The Australia Institute — 

Recent growth in Australia’s population has gone through historically big swings, starting with the closure of borders during the Covid pandemic.

This resulted in the population falling, as many people, such as foreign students, left the country. There was a period of about 18 months (from early 2020 to late 2021) where population growth was at historic lows.

When the borders reopened, many people came back and we had a period where the population increased more rapidly.

Since 2024, population growth appears to have fallen back to pre-Covid rates.

But has the bounce-back in population been larger than the slowdown during Covid? To see that, we need to project growth assuming that the population grew at the average pre-Covid rate.

If we do, we can see that the actual population is lower than it would have been if the Covid pandemic had not occurred. The actual growth in the population is the blue line and the projected number without the pandemic is the dotted orange line.

Reporting on War (w/ Ben Anderson) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

It is rare to find war correspondents who are willing to break the rules of access and safety imposed by dominant powers. Only by challenging these structures and facing the dangers of war can journalists begin a true effort to report the truth and, if they are lucky, materially alter the course of conflict.

Journalist, author and documentary filmmaker Ben Anderson joins host Chris Hedges on this episode of The Chris Hedges Report to detail what it means to be a reporter who is committed to chasing and documenting the truth in a media landscape that often chooses complacency.

Sleeping Babies in the Town’s Living Room

 — Organisation: Strong Towns — 

From the Ashes of Crisis: My Journey To Multisolving and the Birth of the Regenerative Life Garden

 — Organisation: Multisolving Institute — 

How Will Gardner Is Helping Build a Stronger South Coast

 — Organisation: Strong Towns — 

Northwest Arkansas by the Numbers: Stability or Sugar Rush?

 — Organisation: Strong Towns — 

We Need Patriotic Assimilation

 — Organisation: The Claremont Institute — 

Andrew Beck has articulated a thick version of the assimilation of immigrants (rightly so, in my view) that harkens back to the spirit of Americanization that was prevalent from the Founding to roughly the 1960s. Louis Brandeis, a liberal and political ally of the detestable Woodrow Wilson, expressed this common idea of assimilation in his July 5, 1915, Americanization Day Speech:

What is Americanization? It manifests itself, in a superficial way, when the immigrant adopts the clothes, the manners and the customs generally prevailing here. Far more important is the manifestation presented when he substitutes for his mother tongue the English language as the common medium of speech. But the adoption of our language, manners, and customs in only a small part of the process. To become Americanized the change wrought must be fundamental. However great his outward conformity, the immigrant is not Americanized unless his interests and affections have become deeply rooted here. And we properly demand of the immigrants even more than this. He must be brought into complete harmony with our ideals and aspirations and cooperate with us for their attainment. Only when this has been done will he possess the national consciousness of an American.

The Rising Tide of Canadian Labour with JP Hornick

 — Publication: Perspectives Journal — 

‘Making the Good Society’ is a video series from the Broadbent Institute and Perspectives Journal that asks progressive leaders and thinkers about their vision for a good society that is humane, just, and democratic.

Since being elected President of the Ontario Public Service Employees Union in 2022, JP Hornick has seen the Canadian labour movement reach new heights. From flight attendants to postal workers, teachers and amusement park ride inspectors, from the PNE to the CNE, Canadian workers have achieved big wins in recent years, in what JP sees as a rising tide across the labour movement.

Media Highlights August 2025

 — Organisation: The Australia Institute — 

August was another busy month at the Australia Institute!

With Parliament sitting, the economic roundtable and more, there was already a lot going on! And we were still releasing new research, holding events, press conferences, the list goes on.

Watch a select highlight of content and media from the Australia Institute in August 2025.

The post Media Highlights August 2025 appeared first on The Australia Institute.

Payments System Board Update: August 2025 Meeting

 — Organisation: Reserve Bank of Australia (RBA) — 
At its meeting today, the Payments System Board discussed a number of issues, including the regulatory response to the CHESS batch failure incident in December 2024, the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the RBA’s oversight of international financial market infrastructures, the system wide resilience of the Australian payments system, the future of cash distribution arrangements, review of Merchant Card Payment Costs and Surcharging and global developments in stablecoins.

An AI-powered Tool for Central Bank Business Liaisons: Quantitative Indicators and On-demand Insights from Firms

 — Organisation: Reserve Bank of Australia (RBA) — 
In a world of high policy uncertainty, central banks are relying more on soft information sources to complement traditional economic statistics and model-based forecasts. One valuable source of soft information comes from intelligence gathered through central bank liaison programs – structured programs in which central bank staff regularly talk with firms to gather insights. This paper introduces a new text analytics and retrieval tool that efficiently processes, organises, and analyses liaison intelligence gathered from firms using modern natural language processing techniques. The textual dataset spans around 25 years, integrates new information as soon as it becomes available, and covers a wide range of business sizes and industries. The tool uses both traditional text analysis techniques and powerful language models to provide analysts and researchers with three key capabilities: (1) quickly querying the entire history of business liaison meeting notes; (2) zooming in on particular topics to examine their frequency (topic exposure) and analysing the associated tone and uncertainty of the discussion; and (3) extracting precise numerical values from the text, such as firms' reported figures for wages and prices growth. We demonstrate how these capabilities are useful for assessing economic conditions by generating text-based indicators of wages growth and incorporating them into a nowcasting model.

How not to impose a tariff

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Matt and Elinor discuss why the latest inflation data isn’t anything to panic about, the case for economy-wide price gouging laws, and why Australia Post has stopped sending many packages to the United States.

Early bird tickets for our Revenue Summit at Parliament House in Canberra – Hon. Steven Miles MP, Senator David Pocock, Kate Chaney MP, Greg Jericho and more – are available now.  You can buy tickets for the early bird price of $99 – available for a limited time only.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

This discussion was recorded on Thursday 28 August 2025.

Host: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

The American Mind Podcast: The Roundtable Episode 282

 — Organisation: The Claremont Institute — 

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

Chips Ahoy | The Roundtable Ep. 282

Trump has reached a deal with semiconductor chip maker Intel to land the government a 10% stake in the firm. It’s a potential safeguard against China in an uncertain age but also a potentially troubling intervention into the market. There are also rumblings about sending the National Guard into Chicago, which would really be an error—but maybe it’s all just lib-baiting. Meanwhile in the UK, a teen girl was arrested after allegedly brandishing a knife and hatchet at an immigrant man by whom she felt threatened, aggravating tensions over the country’s influx of culturally disconnected and often violent immigrants. The guys sit down this week to discuss the happenings in Trump-world and beyond—plus more media recommendations!

Land’s End

 — Organisation: The Claremont Institute — 

“Remember,” Nigel Farage said in late July in his office near Parliament, “I am the moderatereasonabledemocraticexperiencedgrown-up face of the fightback. If I lose, just you wait.”

For nearly 30 years, Farage (rhymes with “barrage) has been the most influential British voice of what he calls the fightback, and his detractors call populism. At the turn of this century, as a member of the UK Independence Party (UKIP), he fought to “save the pound” at a time when London elites hoped to abandon England’s ancient currency for the European Union’s Euro. The pound survived, and in 2010 the Euro crashed. Almost alone among top politicians back then, Farage called for Britain to leave the E.U. outright. By 2016, a majority of his countrymen agreed. They broke their European ties in the so-called Brexit referendum, even if three years of parliamentary and judicial chicanery delayed Britain’s exit till 2020. (See “Why Hasn’t Brexit Happened?,” Summer 2019.) Winsome, bibulous, half-prophet and half-clown, he has a habit of being vindicated.

Are Sponge Cities the Flood Control Fix We Need?

 — Organisation: Strong Towns — 

Why Red States Can’t Govern

 — Organisation: The Claremont Institute — 

Conservatives often imagine that winning statewide elections means gaining control over the machinery of government. But this is wrong—and dangerously so. For far too long, red states have confused the two. The assumption that political victory automatically confers political authority is one of the chief falsehoods circulating on the Right. It is the reason Republican states often look like Democratic ones, only with different bumper stickers.

This is an uncomfortable but necessary message for conservatives to hear: red states are facing a major crisis of governance.

The State Leadership Initiative’s new Index Report lays out the evidence in extensive detail. By the most basic measures of lean, accountable, and ideologically grounded government, red states are failing. Many of the policies their representatives are voting for and their governors are signing into law are profoundly out of step with the wishes of voters. Bureaucracies are bloated, universities multiply administrators faster than scholars, there are fewer teachers than administrators in schools, New York-style regulations pile up in red states like Texas, and seven of the ten most federally dependent states wear the Republican label.

The key takeaway is not just that red states are doing poorly—it is that red states are almost indistinguishable from blue states on the metrics that matter.

Just Answering Questions: Anything Goes

 — Author: Sarah Kendzior — 

Update at 6:00 CST: Whoa, there are over 80 questions! I’ve got to shut questions down so I can read them all and keep the Q & A at a reasonable length. Themes addressed by multiple people will get top priority. I hope to have the new article up by the end of the week. Thanks, everyone!

Update 8/29: The answers are up!

***

Hello subscribers (and future subscribers!) Now that the Summer from Hell is near its conclusion, it’s time for another Q & A.

For those new to this feature, here’s how it works:

1) To ask a question, join as a paying subscriber, and post your question in the comments section below:

Sarah Kendzior’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Big Gas’ greed is killing Australian manufacturers

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, manufacturing industry representative Geoff Crittenden and Australia Institute Principal Advisor Mark Ogge join Ebony Bennett to discuss how governments can ensure there’s more gas available for Australians.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

Guest: Geoff Crittenden, Chief Executive Officer, WELD Australia

Guest: Mark Ogge, Principal Advisor, the Australia Institute // @markogge

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes:

Impact of gas exports on Australian energy prices, the Australia Institute (July 2025)

Big gas is taking the piss, Follow the Money (April 2025)

Christianity and the West, Part II

 — Organisation: The Claremont Institute — 

As I argued in the first part of this essay, the Catholic Church has much to contribute to the revitalization of right reason and the moral foundations of democracy in a Western world that has increasingly lost sight of its civilizational soul.

But as Paul Seaton has compellingly argued in a recent article at The Catholic World Report entitled “Western Civilization Under Attack,” the current leadership of the Church no longer speaks with any confidence about the need to defend Western civilization, that civilizational order with roots in Athens, Jerusalem, and Rome “in which the humanity of man has been most explored, extolled, and realized (if imperfectly, as such things must be).” As Seaton strikingly adds, if the West—including its deep-seated commitments to constitutional government, liberty under law, religious liberty, and the search for truth—“were to leave the stage of history, both as ideal and as reality, humanity would be immeasurably diminished.”

Community Economists: How Do You Start Talking About Economics?

 — Organisation: The Equality Trust — 

This blog from Caroline Tosal-Suprun as part of our ongoing Community Economist project, which you can read more about here. Read the first blog, What is the Economy? What is a community economist? Someone with no formal training or in-depth knowledge about the economy who wants to be part of challenging economic inequality. By design, […]

The post Community Economists: How Do You Start Talking About Economics? appeared first on Equality Trust.

Adding Third Places To Unlock a Small Town’s Potential

 — Organisation: Strong Towns — 

Teaching the Declaration for the Semiquincentennial

 — Organisation: The Claremont Institute — 

Many American Founders, including our first four presidents, hoped to establish a national university that would educate statesmen for the new republic. During his second term, George Washington was presented with what seemed to be a golden opportunity to accomplish this goal—and rejected it on cultural grounds.

In 1794, the Swiss exile François d’Ivernois had written to John Adams and Thomas Jefferson, whom he knew from their years of diplomatic service in France. His home city of Geneva was suffering “convulsions” due to “the great political drama which now agitates Europe,” namely the French Revolution, whose terror had recently reached its nadir but whose fervor was still disrupting neighboring countries. D’Ivernois, himself “too much a republican” for the Calvinist Republic of Geneva but “too little a republican” for Revolutionary France, proposed a scheme “to transport into one of your Provinces our Academy [the University of Geneva] completely organised, and with it its means of public instruction.” At a stroke, it seems, Washington could have whisked away one of Europe’s premier universities and established it in the American republic.

Washington balked. “That a national University in this country is a thing to be desired, has always been my decided opinion,” but he doubted the ability of “an entire Seminary of foreigners, who may not understand our language,” to “be assimilated.” As Washington explained to Adams:

New Politico Op Ed on Trump's Attempted Firing of Fed Governor Lisa Cook

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
New Politico Op Ed on Trump's Attempted Firing of Fed Governor Lisa Cook

Special announcement: As I said Friday, I have secured a fiscal sponsor for Notes on the Crises. That fiscal sponsor is the organization the “Alternative News Foundation” (ANF). What that means in practice is that people can make tax deductible donations to Notes on the Crises. I will have an email laying out more of these details and laying out other options for donations such as venmo, paypal or physical check. For now, those who want to donate can find Notes on the Crises on the popular non-profit fundraising platform Fundrazr.

Hello readers, an hour ago I had an Op Ed published in Politico about the Federal Reserve. For those that didn’t hear, late last night Trump declared that he fired Lisa Cook over the “mortgage fraud” allegations I mentioned last Friday. Apparently I had my finger on the pulse of events. 

Running for the 7th Congressional District Seat? Take This Quiz.

 — Author: Betsy Phillips — 
The field to replace U.S. Rep. Mark Green is flooded with candidates. How well do they know the 7th?

Trump is creating forces to invade blue states -- contact your governor, state attorney general, and state legislators now

 — Author: Heidi Li Feldman — 

Tell your blue state officials that they must proactively protect the people of your state from Trump's "specialized units."

We have to do all we can to head off the occupation of blue states by National Guard troops unlawfully activated in or sent to them. Right now, that means alerting your state officials to the danger and urging them to take strong prophylactic measures.

This morning, Donald Trump signed an Executive Order that directs a barrage of federal agency action to escalate his dictatorial takeover of the District of Columbia. Embedded in the EO is a deeply chilling provision that orders Pete Hegseth and the DOD to create specialized military units for rapid deployment across the nation for "quelling civil disturbances and ensuring the public safety and order whenever the circumstances necessitate." Trump is commanding the creation of standing army units to occupy states across the country.

Australia’s capital class remains too focused on profit to truly address productivity

 — Organisation: The Australia Institute — 

Policy can seem like opening a blind box: you’ll get something, but probably not what you want. Jim Chalmers’ economic roundtable was no different. Every option is on the table, yes, but what we’ll get is as unknown as what is driving the Labubu craze.

First, the positives. Holding the roundtable is at least an indication that the government is looking to expand the mandate it took to the election. Despite Anthony Albanese’s repeated statements (always carefully worded in the present tense) that “the only tax policy that we’re implementing is the one that we took to the election”, every Labor MP privately admits there is not only the need to do more on tax but also the space. A whopping majority tends to focus even the most recalcitrant minds on the art of the possible.

The issue with the roundtable is that the same groups advising on how to disarm the intergenerational economic bombs that have started to explode are the same groups that helped set them.

The Productivity Commission, Treasury, the Business Council — the same outfits that have spent the past 25 or more years advocating for more privatisation and tax cuts, claiming they are panaceas for productivity growth — are now sounding the alarms that productivity has continued to fall.

Empire strikes back

 — Organisation: The Australia Institute — 

On this episode of After America, Allan Behm joins Dr Emma Shortis to discuss Trump’s deployment of federal authorities to Democrat-voting jurisdictions, land grabs by the Russian and Israeli governments, and what a collapse of American democracy might mean for Australia.

This episode was recorded on Friday 22 August.

You can sign our petition calling on the Australian Government to launch a parliamentary inquiry into AUKUS.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

Guest: Allan Behm, Special Advisor, International & Security Affairs, the Australia Institute

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Beyond the Two-State Solution: Policy responses to the Destruction of Palestine and the Insecurity of Israel by Emma Shortis, Allan Behm and Bob Bowker, The Australia Institute (February 2025)

Are Financial Markets Good Predictors of R‑Star?

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — 

08/25/2025 Market Update

 — Organisation: Applied MMT — 

Fixing productivity needs more than deregulation — it needs tax reform

 — Organisation: Prosper Australia — 

The Economic Reform Roundtable is ostensibly all about productivity. Treasurer Jim Chalmers has argued that cutting red tape and speeding up approvals is the key to unlocking growth. It’s the old trickle-down idea made new again by Ezra Klein’s book Abundance: make it easier to build, and prosperity will follow. It’s an appealing story. But […]

The post Fixing productivity needs more than deregulation — it needs tax reform first appeared on Prosper Australia.

Restoring the U.S. Census

 — Organisation: The Claremont Institute — 

In 1790, the first United States census was a straightforward affair. Marshals rode on horseback, counted people where they lived, and returned with ledgers that would determine representation in Congress. The idea was as simple as it was profound: political power should follow the actual number of people—not estimates, not probabilities, not manipulated figures—residing in each state. This “actual Enumeration,” written into Article I, Section 2 of the Constitution, was meant to be one of the republic’s great safeguards of equal representation.

Two hundred thirty years later, the Census Bureau turned that safeguard upside down and thwarted the will of voters. In 2020, it implemented “differential privacy,” an opaque algorithm that deliberately injects false numbers into small-area data. Supposedly designed to protect privacy and identities, it instead scrambled population counts in ways that Harvard researchers found made it “impossible to follow the principle of ‘One Person, One Vote.’”

At the same time, the incoming Biden Administration dismantled the Administrative Records Project, the Trump-era initiative that would have allowed the bureau to use existing federal data to determine citizenship and correct census errors. The result was a census that was riddled with miscounts, opaque to challenge, and constitutionally suspect.

Oil & Gas Are In Everythang

 — Organisation: Climate Town — 

What’s On Aug 25-31 2025

 — Organisation: Free Palestine Melbourne — 
What’s On around Naarm/Melbourne & Regional Victoria: Aug 25-31, 2025 With thanks to the dedicated activists at Friends of the Earth Melbourne! . . See also these Palestine events listings from around the country: 9659

Economic round table recycles broken ideas

 — Organisation: The Australia Institute — 

The Albanese government’s Economic Reform Roundtable has far more to do with political power than how best to boost the rate of production at Australia’s factories or mines. The agenda was far narrower than the breadth of problems facing Australia and the attendees. With a few notable exceptions, those assembled were more likely to demand more tax cuts and more cuts to government spending than to question why decades of doing precisely that has delivered not just record low productivity growth but also record low quality in our essential services.

One of the core beliefs that unites Australian chief executives, the Department of the Treasury, the Productivity Commission and most of the Australian media is that the less tax a country collects and the less money it spends on essential services, the better its economy will perform. If only there was some data to back up their strong feelings.

According to the pinko lefties at the International Monetary Fund (IMF), the World Bank and the OECD – now headed by that well-known progressive Mathias Cormann – Australia is already one of the lowest taxed countries in the developed world and has one of the smallest public sectors. Yet despite decades of taking the advice of organisations such as the Productivity Commission and Treasury, resulting in decades of deregulation, privatisation and tax cuts, Australia has witnessed a collapse in productivity growth.

South Australia’s leap into the unknown with political finance changes

 — Organisation: The Australia Institute — 

The laws – which were rushed through late last year – came into effect from the new financial year, ahead of the next state election on March 21, 2026.

The laws go further than any other state in Australia in banning political donations and replacing them with taxpayer funding of parties and candidates.

However, the same pattern appears in other states and in recent changes to federal election laws – the new taxpayer funding is not fairly distributed between parties and candidates, and restrictions fall more heavily on new entrants and independents while loopholes ensure major parties can still operate comfortably.

New entrants are strictly restricted in the donations they can receive – but are not eligible for the same taxpayer funding that existing players will be.

In South Australia, minor parties and independents will struggle while incumbent political parties run multimillion-dollar campaigns with public money.

The 2026 state election should provide more data on how incumbents and challengers alike respond to large-scale taxpayer funding of elections.

Independents and new parties considering national politics will watch with interest, since a Labor/Liberal deal means that the next federal election will also feature party campaigns funded by the taxpayer and restrictions on
fundraising that fall more heavily on new entrants.

Trump Vs. Powell: The Big Takeaways from Trump’s Assault on the Federal Reserve

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
Trump Vs. Powell: The Big Takeaways from Trump’s Assault on the Federal Reserve

Hello readers; I’m long overdue for major updates across a whole range of issues. I have continued to work full time on Notes on the Crises but the work of setting up a physical office takes significant time and energy. Among other things, I have secured a fiscal sponsor so I could take 501(c)3 donations, and continue to pursue investigative work which is taking time and effort to gestate.

“The British Aren’t Coming!”

 — Organisation: The Claremont Institute — 

The Firth of Forth sounds confusing to American ears. It is an inlet of the North Sea, called a “firth” and produced by the river “Forth.” On this body of water in Eastern Scotland sits Rosyth, the location of the manufacture and drydock service for the U.K.’s only two aircraft carriers.

The flagship aircraft carrier, HMS Queen Elizabeth, still “new” in naval terms, is visiting Rosyth—not to assert British naval prestige but to begin maintenance. Commissioned in 2017, the ship had already spent most of 2025 under repair after corrosion was found in its propeller shaft. Now, despite recent $4.3 billion refits, it’s once more out of action for further upgrades and inaccessible-system inspections, pushing its availability deeper into the future.

Three thousand miles to the west, a Canadian-born civilian sits on her living room couch, contemplating her approaching death. She isn’t terminally ill, but the state won’t provide the medical home care she needs. Canada has promised health care via socialized medicine, but it will instead administer a lethal injection within days. This is the regime of MAID, Canada’s euphemistically termed Medical Assistance In Dying legislation that legalized assisted suicide in 2016. This “choice” is presented as a compassionate right. However, in practice it underscores a disquieting fact: the machinery of death is more functional than that of living care.