How the RBA could fix productivity in two words

David Llewellyn-Smith

Wednesday 13 August 2025

Albo is not a policy coward. He is a do-nothing backroom bovver boy with the economic instincts of a brick.

Jim Chalmers knows better what to do, but he is a policy coward.

It is a worst-case scenario for living standards. AFR.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.