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In this MacroBusiness podcast, Gunnamatta, banking insider Deep T, and Leith van Onselen unpack the latest productivity summit, Australia’s broken economic model, Australia’s energy policy failures, and other issues.
Highlights:
0:00 Introduction
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1:26 Why Australia’s productivity stinks
10:27 The economic Ponzi scheme
21:29 The economy is designed to fail
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26:13 Australia should be the richest nation on earth
27:26 Australia’s energy failure
40:03 Australia should run current account surpluses
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40:57 How to fix the budget deficit
47:17 Big Australia immigration is economically cancerous
50:52 Australian policy puts residents last
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56:28 Why Queenslanders are angry about energy
1:04:30 Economists are part of the problem
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.