Rent controls are an example of government intervention in order to fix the problems caused by previous government interventions
The demise of Chinese property developers and the wider impacts are likely to be the credit story of the year
The claim that increasing the minimum wage doesn’t lead to reduced employment goes against the vast majority of studies
This is Narrow Road Capital’s submission to the Federal Government’s inquiry into housing affordability
APRA’s changes to liquidity requirements will improvement bank liquidity but won’t stop the need for government assistance during crises
The Covid border restrictions are an opportunity to reset migration, increase wages and employment, make housing affordable and address productivity problems.
With better incentives and information, Australians would get vaccinated and get back to normal faster.
Using debt-fuelled spending to drag forward consumption is counterproductive in the long term, it leads to stagnation, not innovation.
Central banks are repeatedly replenishing the punch bowl when the guests are already trashing the venue
A new study says yes and there are plenty of historical examples of how leverage can go wrong
The MMT experiment is just a sugar hit, we need productivity reforms to promote sustainable prosperity
With Blackstone and Oaktree showing interest there’s a wide range of possible outcomes on the Crown hybrids