Marking the Treasurer’s work: Three leading economists discuss the federal budget.
This year’s Budget tries to do several things at once. In the short term it offers cost-of-living relief but tries not to contribute to inflation. In the longer term it departs from decades of economic orthodoxy by picking industries to invest in. Specifically, green hydrogen and critical minerals. But will it work? And how responsible is it? Three of the country’s leading economists offer their views. Guests: Shane Oliver, Chief Economist, AMP Richard Holden, Professor of Economics, UNSW Business School Luci Ellis, Chief Economist, Westpac Banking Group
The Economy, Stupid · Australian Broadcasting Corporation
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Show Notes
This year’s Budget tries to do several things at once. In the short term it offers cost-of-living relief but tries not to contribute to inflation. In the longer term it departs from decades of economic orthodoxy by picking industries to invest in. Specifically, green hydrogen and critical minerals.
But will it work? And how responsible is it? Three of the country’s leading economists offer their views.
Guests:
Shane Oliver, Chief Economist, AMP
Richard Holden, Professor of Economics, UNSW Business School
Luci Ellis, Chief Economist, Westpac Banking Group