MB Podcast: Australia is no longer the ‘Lucky Country’

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In this MacroBusiness podcast, Gunnamatta and Leith van Onselen unpack the budget outlook, the deindustrialisation of Australia, housing policy failures, energy policy failures, and the nation’s falling productivity growth.

Highlights:

0:00 Introduction

1:00 Why Australia’s budget finances are unsustainable

10:30 Australia is deindustrialising

12:07 Australia should be the richest nation on earth

17:46 Australia’s energy policy idiocy

21:24 Australia’s housing disaster will worsen

38:49 Australia’s productivity is in terminal decline

47:05 Australia should abandon ‘net zero’.

51:39 Australia’s per capita economy is sick

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.