MB Podcast: Australian economy: from hero to zero

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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

1:26 Why Australia’s productivity stinks

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10:27 The economic Ponzi scheme

21:29 The economy is designed to fail

26:13 Australia should be the richest nation on earth

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27:26 Australia’s energy failure

40:03 Australia should run current account surpluses

40:57 How to fix the budget deficit

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47:17 Big Australia immigration is economically cancerous

50:52 Australian policy puts residents last

56:28 Why Queenslanders are angry about energy

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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.