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Is Canada Losing the Ability to Make Independent Public Policy?

 — Publication: Perspectives Journal — 

US president Donald Trump attempts to rename Lake Ontario clearly represents a major challenge to Canadian sovereignty. This act may make for better headlines, but some of the most consequential challenges to Canada’s sovereignty and democratic decision making for public policy are considerably less theatrical.

When Parliament passed the Online Streaming Act (OSA) in April 2023, it appeared to address a straightforward problem: Canada’s broadcasting system had been designed for an era of radio and cable television, while Canadians increasingly consumed music, film, and television through online platforms. The legislation amended the Broadcasting Act to recognize “online undertakings” as a distinct class of broadcasters, bringing streaming services into a regulatory system they had been largely exempt from.

Eight economic myths that are helping destroy our future

 — Organisation: Economic Reform Australia (ERA) — 
Eight economic myths that are helping destroy our future Mark Diesendorf Eight persistent economic myths help protect vested interests, deepen inequality and accelerate environmental destruction.…

John Adams and the Meaning of Independence

 — Organisation: The Claremont Institute — 

According to John Adams, if you cannot fail, you’re not truly free. In his last public statement, honoring the 50th anniversary of American Independence in 1826, Adams wrote that the American Revolution would be

A Memorable epoch in the annals of the human race; destined, in future history, to form the brightest or the blackest page, according to the use or the abuse of those political institutions by which they shall, in time to come, be Shaped, by the human mind.

That was not a new thought. In the Preface to his Defence of the Constitutions of Government of the United States of America, Adams mused that Americans “have now the best opportunity and the greatest trust in their hands, that Providence ever committed to so small a number, since the transgression of the first pair.” Should “they betray their trust,” Adams contended, “their guilt will merit even greater punishment than other nations have suffered, and the indignation of Heaven.”

More economic myths that are holding us back

 — Organisation: Economic Reform Australia (ERA) — 
More economic myths that are holding us back Geoff Davies Markets are often treated as if they naturally maximise public benefit, but they can just…

The end of oil?

 — Organisation: Economic Reform Australia (ERA) — 
The end of oil? As fuel shocks cascade, 53 nations gather to plan a fossil fuel phaseout Wesley Morgan and Ben Newell US President Donald…

August 2026 Newsletter

 — Organisation: Open Access Australasia — 

New supply won’t fix housing while investors keep winning

 — Organisation: Economic Reform Australia (ERA) — 
New supply won’t fix housing while investors keep winning Gavin A. Wood, Rachel Ong ViforJ , Christopher Phelps, Susan J Smith To fix the housing…

The OECD’s China Credit Critique Gets the Question Wrong

 — Organisation: Economic Reform Australia (ERA) — 
The OECD’s China Credit Critique Gets the Question Wrong Contours of a socialist financial system – Warwick Powell Preface: there’s been something of a concerted campaign…

Private debt crashed the economy in 2008. They still are not watching it.

 — Organisation: Economic Reform Australia (ERA) — 
Private debt crashed the economy in 2008. They still are not watching it. Summary of a recent video by Steve Keen [1] See Steve’s break…

We’re building a New York-sized city every month. That’s worrying for our climate

 — Organisation: Economic Reform Australia (ERA) — 
We’re building a New York-sized city every month. That’s worrying for our climate Philip Oldfield and William Craft Each of us needs of a roof…

The economics of global warfare

 — Organisation: Economic Reform Australia (ERA) — 
The economics of global warfare Summarising Robinson Erhardt’s interview with Steve Keen [1,2] Prof Steve Keen argues that global warfare and geopolitical conflicts can trigger…

Dolly Parton Was Political

 — Author: Betsy Phillips — 
The country singer was universally beloved not despite her progressive values but because of them

Two Cheers for JD Vance’s Economic Realism

 — Organisation: The Claremont Institute — 

Vice President JD Vance recently drew criticism for questioning the benefits of the dollar’s reserve currency status. In a 2023 interview, he argued that it encourages Americans to consume too much, describing it as a “resource curse.”

If you’ve followed Vance during his time in Congress, these comments are not particularly surprising. He has been one of the biggest proponents of rebalancing America’s relationship with the global economy through targeted industrial policy, much to the chagrin of the GOP establishment.

Naturally, the response from Vance’s free-trade critics was immediate and severe. They argued that cheap imports increase consumers’ purchasing power, while an economy organized around offering high-value services is not necessarily a sign of economic weakness. In their eyes, what Vance proposed amounts to a command-and-control economy, snuffing out economic opportunity and raising prices at a time when families can least afford it.

Contrary to his critics, Vance had the right general diagnosis, even if his prescription risks creating problems of its own.

The Next Election May be Our Last

 — Author: Chris Hedges — 

Chris Hedges

Aug 31, 2026

An unhealthy alliance: 75 years of ANZUS

 — Organisation: The Australia Institute — 

On this episode of After America, Allan Behm and Dr Emma Shortis discuss 75 years of the ANZUS treaty, the Trump administration’s assault on international law, and what confident, capable Australian foreign policy could look like.

This episode was recorded Friday 28 August.

New Game, New Rules: A foreign policy for dystopian times by Allan Behm is available now from Australia Institute Press for $19.95.

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

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

Show notes:

ANZUS and Australia’s Security by Allan Behm, the Australia Institute (July 2020)

After America: Australia and the new world order by Emma Shortis, Australia Institute Press (May 2025)

The Next Election May be Our Last

 — Author: Chris Hedges — 

Different issue, same outcome | Between the Lines

 — Organisation: The Australia Institute — 

From our CEOs – with Leanne Minshull

This past sitting fortnight the core business of government was the government outsourcing its business. The issues were different, the outcome the same – the abrogation of its responsibility to care for Australians and protect our environment.

After lengthy negotiations with the LNP, changes to the National Disability Insurance Scheme (NDIS) passed through the Senate. For months now the government has told us the NDIS is open to exploitation from providers, the cost has exploded and it’s in danger of losing its social license. But the key question about the NDIS has been entirely absent from our national debate – is a market model the best way to deliver essential human support?

If the answer to that question is no, the scheme will never be fixed and will likely lurch from one review to the next. The NDIS currently supports 770,000 Australians living with disability and we need to get it right, fast.

Protection of forests was also on the privatising agenda, with the Nationals moving to disallow the government’s plan to use carbon offsets in a circuitous attempt to protect publicly owned native forests. Supporters of the Albanese Government scheme claim that putting the carbon held public native forests into the marketplace is the best way to protect them. I remember similar arguments around the Murray Darling Basin when the water flowing through the mighty Murray was put into a trading system. It didn’t end well.

I tried to beat the freezing cold this winter. What I got was deeply unpleasant

 — Organisation: The Australia Institute — 

But those jetting off to a European or Asian summer holiday this year were in for a rude shock. Extreme heat, fuelled by climate change, is sucking the joy out of summer for everyone, everywhere.

Summer used to be a time for Australians getting out into nature, heading to the beach, going camping, hiking or fishing, but extreme temperatures and weather are increasingly making these leisure activities deeply unpleasant, if not dangerous. And while extreme heat obviously affects the quality of life for locals, it’s also having an impact on the tourism industry both here and overseas.

New research from Charles Darwin University shows extreme heat is altering when, where and how we travel. It found one-fifth of Australians surveyed had changed their most recent holiday because of weather, including 8 per cent who had been affected by fires, floods or storms, 6 per cent who had been affected by heavy rain, and 6 per cent due to impending hot weather.

“On top of this, a third of those surveyed had decided against going to holiday destinations they considered too hot, such as Dubai or northern Australia. We understand this represents the first empirical evidence that Australians are altering their travel patterns due to heat,” said the researchers.

What’s the point of the Productivity Commission?

 — Organisation: The Australia Institute — 

The Productivity Commission is a government-funded economic think tank that’s meant to give independent advice about how to make the Australian economy work better. On this episode of What’s the Point?, Richard Denniss discusses whether it is fit for purpose.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute //@richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Climate Integrity Summit 2026 livestream tickets.

Order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press.

Show notes:

I want to see the Productivity Commission abolished – and even I think Labor’s attack on it was unfair | The Point

Theme music: Blue Dot Sessions

Midterm Madness

 — Author: Sarah Kendzior — 

Hello subscribers! Thank you for all your thoughtful questions. I had to shut submissions down after eight hours because there were so many. If you’d like to support my work — and ask a question next time! — you can do it by becoming a paying subscriber here:

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

The Iran War Is the Biggest Strategic Blunder in US History (w/ John Mearsheimer) | TCHR

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

The United States recently launched a new offensive against Iran, “Operation Economic Outcast,” asking countries around the world to participate in a massive economic blockade. US Treasury Secretary Scott Bessent is threatening to punish any country that is unwilling to comply with secondary economic sanctions. Many people view this latest US strategy as a Hail Mary Pass.

To discuss the possible outcome of the US’s economic war, and the impetus for it, John Mearsheimer, a former Air Force captain, professor of political science and author, returns to The Chris Hedges Report.

How the Drug Lords Learned Drone War in Ukraine

 — Organisation: The Claremont Institute — 

Last summer, European news outlets reported that “volunteers” from Mexican and Colombian drug cartels had infiltrated Ukraine’s military—considered the world’s “drone superpower”—to learn cutting-edge drone warfare so they could use the knowledge to kill their enemies back home.

Claims that this problem is ongoing have not yet been publicly verified by the U.S. intelligence community or the media. As yet, however, they remain undisputed. They now demand further scrutiny and broader attention in the United States to prompt appropriate action. If it’s not too late, and if the reports are correct, the U.S. urgently needs to terminate this knowledge transfer from Ukrainian soldiers to Latin America’s crime lords.

Chris Hedges Live Q&A TODAY — 7 P.M. ET

 — Author: Chris Hedges — 

Join me for a live Q&A on my YouTube channel and X account, Friday August 28, at 7:00 - 8:00pm ET. Questions will be taken from the comment section of this Substack post, as well as during the live on YouTube/X.

Please attempt to keep your questions direct and relatively brief, as I cannot read entire paragraphs during the show.


The Chris Hedges Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Chris Hedges LIVE NOW — Come Ask Me a Question!

 — Author: Chris Hedges — 

The Chris Hedges Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Why America Stopped Prosecuting Pornography

 — Organisation: The Claremont Institute — 

It is no surprise even to the most casual observer of American culture that pornography is rotting the soul of America. More than 10% of American men self-report being addicted to pornography, while over 70% say they used pornography in the last year—and the actual figures are likely much higher. Declining marriage rates, increased incidents of suicide, and decreased productivity can all be traced to the rise of this nearly $100 billion industry. And, even worse, the kind of pornography that saturates the internet is not the type of casual nudity the average American imagines. It is hardcore pornography that would immediately disgust all but the addicted.

That’s far from the founders’ vision for America.

Any honest scholar of the American Founding will assure you that no founding father would ever have imagined that a republican form of government could coexist with such rampant moral degeneracy. For most of American history, obscene material was not only illegal but subject to criminal prosecution.

America Hates Bikes

 — Organisation: Climate Town — 

Return of the Common Good

 — Organisation: The Claremont Institute — 

For a long time our most heated public and academic debates have been almost uniformly characterized by false dichotomies. We are supposed to choose between “realism” and “idealism” in foreign affairs and ethical theory; John Rawls’s excessively egalitarian “theory of justice” and Robert Nozick’s untenable “minimal state”; post-liberal dogmatism and a decayed liberalism that is increasingly oblivious to the moral foundations of democracy.

I often ask myself: What of a tough-minded, morally serious politics that unites principle and prudence, and advocates a broadly secular state but is not neutral between religion and irreligion? What about a project that defends liberty and equality without succumbing to the illusion of human autonomy, or an indiscriminate egalitarianism that levels and homogenizes? How about “liberty under God and the laws,” in Alexis de Tocqueville’s memorable formulation, that is in equal measure liberal and conservative? Why can’t we think more deeply and dialectically and move beyond dichotomies that distort much more than they illuminate?

Just Answering Questions: Summertime Blues

 — Author: Sarah Kendzior — 

UPDATE 4 PM: Whoa, you beat your own record! I am pausing comments after eight hours because I’m not sure I’ll be able to answer all the ones I have. I’ll try my best! But I’ve been answering them old-school in a Word Doc all day (no goddamned AI for me) and I’m already pushing 2000 words. I’ve also answered some of you here in the comments, so check your name. Thank you! Article with answers will be out ASAP.

***

Hello subscribers (and future subscribers!) It’s time for another Q & A. I have a new interview out on Kushner, Jeffries, and other disasters here. But I like hearing from readers directly and seeing what your concerns are.

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.

Will the data centre “boom” make us better off?

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Angus discuss the carve-out for Queensland and Northern Territory data centres that’ll allow them to run off coal and gas, the skyrocketing profits of some of Australia’s biggest companies, and the east coast vs west coast beef over GST revenue.

This discussion was recorded on Thursday 27 August 2026.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press, is available now.

Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB

Show notes:

Documenting the U.S. Media’s Complicity in the Genocide of Gaza (w/ Robin Andersen) | TCHR

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

Chris Hedges, a former New York Times Middle East Bureau Chief, is certain about at least one thing regarding Israeli propaganda tactics: “If there is one indisputable fact, it is that Israel lies like it breathes.” The task of professional journalists and media outlets is to review evidence and verify the information they are reporting, but when it comes to Israel, Western establishment media function as stenographers, echoing their lies globally.

Payments System Board Update: August 2026 Meeting

 — Organisation: Reserve Bank of Australia (RBA) — 
Media Release Number 2026-23: At its meeting today, the Payments System Board discussed a range of issues, including:The annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards; The future of account-to-account (A2A) payments; Consultation on the Role of RITS in Supporting Settlement in a Tokenised Ecosystem; Cash distribution regulatory framework.

Gerrymandering Is Bad for Cities. Here’s How to Fix It.

 — Publication: CityNerd — 

Education for America’s Next 250 Years

 — Organisation: The Claremont Institute — 

In the opening of Federalist 1, Publius makes clear to his countrymen the great question that Providence had placed before them. Americans, he said, have the opportunity to decide “whether societies of men are really capable or not of establishing good government from reflection and choice, or whether they are forever destined to depend for their political constitutions on accident and force.”

This was the momentous question that underlay the American Founding. Now, 250 years after the American Revolution, we face the same one today.

A self-governing people must cultivate the habits that make responsible public action possible. They must learn to connect principles with practice, to deliberate about the proper ends of political action, and to judge wisely among the means available to achieve those ends. This is the work of civic education: forming citizens capable of exercising prudence to pass on the blessings of liberty we received to future generations.

The study of history is an essential preparation for that work. By learning the stories of those who have gone before us, we acquire knowledge and experience that help us deliberate well about the questions before us. This formation in knowledge for the sake of prudence is the purpose of history and civics education—and we are in dire need of it today.

What Kind of Country do Canadians Want?

 — Publication: Perspectives Journal — 

In Breaking Free of Neoliberalism in Trump Times (Lorimer, 2026), Alex Himelfarb explores neoliberalism’s history and troubling reappearance in Canadian politics, and why the need for new thinking is more urgent than ever.

As the world reels from the turmoil of American politics, former senior bureaucrat and Broadbent Research Fellow Alex Himelfarb addresses the challenges facing Canadians after decades of neoliberal thinking have undermined the capacity of governments to protect and support their citizens.

Himelfarb offers an insider’s account of how the neoliberal ideas of Ronald Reagan and Margaret Thatcher were first brought to Canada by Brian Mulroney, Jean Chrétien, and Paul Martin and flourished under the Harper decade. In 2025, Canadians opted for the unifying message of Mark Carney and Elbows Up, and Carney’s speech at Davos in early 2026 recognized that we need a whole new approach to the world’s politics and economics. Yet in a series of rapid decisions, his government has quietly reinforced the neoliberal agenda of unregulated industries, growing inequality, and limited action on climate change. Gaining a majority in mid-2026, the Carney government was free to pursue economic growth to achieve greater independence from US-Canada ties. Yet this single-minded agenda misses much of what Canadians expect and need from their federal government.

The Great American Trade War Continues | The American Mind Podcast

 — Organisation: The Claremont Institute — 

The American Mind’s 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.

The Great American Trade War Continues | The American Mind Podcast

Which Version of the Ten Commandments Do School Districts Intend to Display?

 — Author: Betsy Phillips — 
School boards in several Tennessee counties have voted to include the Ten Commandments in public schools

Does Donald Trump Have an Ideology?

 — Author: Thomas Zimmer — 

Building an Inclusive Australia in a Divided World, with Giridharan Sivaraman

 — Organisation: Per Capita — 

Australia’s cultural diversity is our greatest strength and has enriched our communities and contribute to our economy.

As Australia considers important national conversations about racism and discrimination, how can we build a stronger sense of belonging for everyone? Australia is currently holding both an Inquiry into Racism, Hate and Violence Directed at Aboriginal and Torres Strait Islander People, and a Royal Commission on Antisemitism and Social Cohesion. What does the evidence tell us about the experiences of different communities, and what practical steps can help foster trust, inclusion, and mutual respect?

Race Discrimination Commissioner Giridharan Sivaraman joined us for our August 2026 John Cain Lunch for a discussion on respect, dignity and equality in Australia, the barriers that can undermine it, and the opportunities for governments, community organisations, and individuals to foster inclusion, trust and shared purpose.

Watch the recording below.

——————————————————————————————————

Giridharan Sivaraman began his role as Australia’s Race Discrimination Commissioner (RDC) in March 2024.

The housing crisis is far from over

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, Maiy Azize and Matt Grudnoff join Ebony Bennett to discuss how the government’s changes to capital gains tax and negative gearing are allowing more first-homebuyers to enter the market, the data revealing that migration isn’t the cause of the housing crisis, and the dire situation facing Australian renters.

This episode was recorded on Tuesday 25 August.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest edition in the Vantage Point series, is available now.

Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Maiy Azize, Chair, Everybody’s Home & Deputy Director, Anglicare Australia // @maiyazize

Guest: Matt Grunoff, Senior Economist, the Australia Institute // @mattgrudnoff

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

Show notes:

Independence Day Drag - Read by Eunice Wong

 — Author: Chris Hedges — 

This article was read by Eunice Wong. You can find her work at www.eunicewong.actor.

Text originally published July 6 2026.


The Chris Hedges Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

The Disparity Obsession

 — Organisation: The Claremont Institute — 

Dozens of “gap” statistics have become so deeply embedded in our political discourse that we hardly question whether unequal outcomes are actually evidence of discrimination. “Women make 77 cents on the dollar compared to men.” “Hispanic students make up a disproportionately small percentage of university graduates.” “Black women must work into the following July to catch up to what white men made the previous year.”

In our equity-obsessed age, each one of these “gap stats” has a grimy underbelly, made up of individuals who are unfairly denied the fruits of their talents because institutions have tried to force equal outcomes: men who work longer hours on average; Asians who have higher SAT scores on average; Millennial and Gen Z white applicants who get passed over at work because they don’t add to Diversity, Equity, and Inclusion.

“On the Side of Memory”

 — Author: Emily Dupree — 

I sat down with to discuss her recent work — Body Weather: Notes on Chronic Illness in the Anthropocene — an artful combination of chronic illness memoir, science and history reporting, and climate analysis.

Our conversation ranged from the fires and wildfire smoke plaguing us all; what it means to have compassion for those in denial about our changed world; grief; and the luxury of despair in the imperial core. Below is a transcript of our wide-ranging conversation.

The Road to Ample - Towards a Demand-driven Liquidity Regime

 — Organisation: Reserve Bank of Australia (RBA) — 
Speech by David Jacobs, Head of Domestic Markets, at the RBA.

1 month until new book!

 — Author: danah boyd — 
1 month until new book!

In one month, my new book will be in folks' hands. "Data Are Made, Not Found: A Story of Politics, Power, and the Civil Servants Who Saved the US Census" tells the story of what it takes to produce democracy's data - and how hard it was to do this in 2020 during a pandemic and while struggling with what I call "Jenga politics" (when various forces keep taking out planks and putting more pressure on top). It's an ethnography, a love letter to civil servants, and a warning to us all about how brittle our democratic project is. It's also a reminder that we can fight for our democracy. It's also a reflection on how the legitimacy of high-stakes data stems from the social fabric that surrounds it, not any inherent property of the data. (Hint: data politics are not just a concern for the census... they also concern our AI future.)

This book is over 10 years in the making. I really really really hope I can convince you to buy a copy. Or to ask your library to order a copy so you can check it out! (Pretty please with a cherry on top!)

The $40 Trillion Hole

 — Organisation: The Claremont Institute — 

The national debt of the United States just crossed $40 trillion.

That number is so large that it risks becoming meaningless. But consider this: the federal government did not reach $30 trillion in debt until January 2022. It added the next $10 trillion in just four and a half years. As of August 18, the Treasury reported gross federal debt of approximately $40.05 trillion—$32.27 trillion held by the public and another $7.78 trillion owed within the government itself.

The conventional debate over our fiscal catastrophe is familiar. Democrats blame Republican tax cuts. Republicans blame Democratic spending. Budget experts correctly point to Social Security, Medicare, defense spending, pandemic relief, and now the staggering cost of servicing the debt itself.

But there is another cause of our fiscal predicament that almost no one in Washington is willing to discuss: the federal government spends enormous sums of money on things the Constitution never authorized it to fund.

The chart below tells a remarkable story. At the founding, the federal debt was below 40% of the nation’s economic output, largely the legacy of the Revolutionary War. Successive administrations paid it down. After the War of 1812, it rose again and then fell. By 1835, President Andrew Jackson’s administration had essentially extinguished the national debt.

Will the midterms be NOT NORMAL? with Chas Licciardello

 — Organisation: The Australia Institute — 

On this episode of After America, Chas Licciardello joins Dr Emma Shortis to discuss the latest from the midterm primaries, the “civil war” between democratic socialist and establishment Democrats, and why Georgia Senator Jon Ossoff has MAGA rattled.

This episode was recorded Thursday 20 August.

Get your tickets for the Melbourne launch of More Fool Me: how the gas industry tricked Australia by Richard Denniss at Cinema Nova in Melbourne on Tuesday 25 August.

Guest: Chas Licciardello, co-host of PEP with Chas and Dr Dave & the ABC’s Planet America

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

Show notes:

New Game, New Rules by Allan Behm, Australia Institute Press (August 2026)

Shorter America: They’re running?; Oh my god these men (cont.); The weight of America by Emma Shortis, The Point (August 2026)

How the Media Sells Genocide

 — Author: Chris Hedges — 

The quiet disaster hurting Australians just as much as high prices and interest rates

 — Organisation: The Australia Institute — 

It also questions the RBA’s apparent obsession with keeping wages low.

The research by Chief Economist Greg Jericho has found that using the Reserve Bank’s own predictions, it will take workers until 2037 to get back to where they were at the end of the COVID pandemic.

The analysis highlights the RBA’s repeated warnings about the dangers of wage growth, even though wages are stagnant, yet prices and corporate profits are soaring.

It also reiterates that it’s profits to blame for surging inflation, not consumer spending, even though consumers have been punished for inflation with repeated interest rate rises.

The analysis reveals that governments are also to blame for stalling wages, with many imposing unfair and unnecessary caps on public service wages, blatantly offering pay rises below inflation.

“People understand that, in very broad terms, the Reserve Bank has put up interest rates in response to high inflation,” said Greg Jericho, Chief Economist at The Australia Institute.

“But what many don’t realise is that the RBA seems to be obsessed with keeping wages down.

“In a recent meeting, Michele Bullock warned of ‘higher wage increases that will feed through into business’.

“What makes that comment even more extraordinary, is that it came immediately after the worst quarter of wage growth in four and a half years.

What’s the point of the crossbench?

 — Organisation: The Australia Institute — 

On this episode of What’s the Point?, Richard Denniss explains how the crossbench works and the politics of deal-making in federal parliament.

This episode was recorded on Friday 21 August.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press, is available now.

Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Read more on The Point.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Show notes:

Climate Integrity Summit 2026, the Australia Institute

National Gambling Toll, the Australia Institute