Australia’s political economy explained in 2 minutes

Thursday 2 November 2023

A decade ago, we debuted the Spruikbot Telephunken U-47 to explain Australia’s politico-housing complex:

The Spruikbot has stood the test of time and remains as true today as it was a decade ago.

As good as Spruikbot is, we have a new king on the block with the Idiot Tax posting a brilliant 2-minute explainer on the Australian economy:

Welcome to hell. pic.twitter.com/mE9W9lWIov

— the idiot tax (@TheIdiotTax) November 1, 2023

We tip our hats and pass the torch.

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.