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The AFR View

This Month

Philip Lowe is trying to hose down expectations raised by Labor.

The risks are rising in replacing Philip Lowe

The Treasurer says he is consulting cabinet colleagues on the next governor of the RBA. Does that include Tony Burke, whose IR policies are making life harder for the central bank?

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Greens leader Adam Bandt, Prime Minister Anthony Albanese and Greens MP Max Chandler-Mather speak in parliament on Thursday.

Labor’s war on two fronts fights Green populism

Australian politics currently has no strong centre, yet that is where Anthony Albanese knows he has to govern from if he wants Labor to stay in power.

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Nicola and Andrew Forrest are setting an example for other wealthy Australians to follow.

The Forrests have flipped from personal riches to philanthropy

The Forrests are setting an example for other wealthy Australians to follow and further deepening the contribution of business-led prosperity to tackling social challenges.

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Two very different styles of captaincy at Edgbaston.

England has to double down on Bazball at Lord’s

It was England that played the radicals and Australia the establishment in a Test that inverted cricket history

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Flying Fox Ventures co-founder Kylie Frazer at The Australian Financial Review Entrepreneur Summit on Tuesday.

Creative crunch time for entrepreneurs

Crunch times are part of the process of concentrating the allocation of ultimately scarce capital to the entrepreneurs who have the best chance of long-term success.

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Energy transition is flickering as renewables struggle to catch up

Never has the message to keep all options open seemed more sensible. Yet, the rapid developments in affordable nuclear power overseas cannot even get a look-in.

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NSW Treasurer Daniel Mookhey will call a halt to the former Coalition government’s sovereign wealth fund.

State debt addictions harder to add up

The least creditworthy jurisdictions face paying a higher risk premium on their borrowings unless they get their houses in order by bringing down debt.

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Van should make own call on being called out

Parliament should be focused on how to revive Australia’s flatlining post-pandemic productivity to help bring inflation down and get real wages going.

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Generative AI is being used across the professions.

How do we set rules for god-like AI?

AI will be too useful to humanity to let hype and paranoia distort balanced regulation of the sector.

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June 7, 2023

Blame and empathy won’t tame inflation or sustain prosperity

Anthony Albanese’s testy smackdown of the Reserve Bank governor and his suggestions that lifting care workers’ pay by 15 per cent would help reverse Australia’s productivity decline are telling signs of the nation’s unhinged economic debate.

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Crash through on the Voice may end up crashing

By locking in behind a high-risk process and proposal that is in danger of failing, Australia now risks Brexit-style social and political polarisation and setting back progress on reconciliation and overcoming Indigenous disadvantage.

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Treasurer Dick Cameron and Premier Annastacia Palaszczuk speak to the media on Tuesday.

Queensland’s coal-fired budget

Ironically, Queensland Labor’s plan to phase out coal-fired generation is forecast to help turn the record surplus into a $2 billion deficit next financial year.

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Labor backs big super, not big banks, for advice

Rather than more consultation, Labor needs to do more to promote the diverse, innovative, affordable and quality financial advice system required by the millions of Australians nearing retirement.

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Donald Trump’s actions ought to rule out any prospect of return to the office he debased.

America’s long Trumpian nightmare may be far from over

Hyper-partisan modern America is no country for centrists, and the legal proceedings against Donald Trump now threaten to split ‘red’ and ‘blue’ Americans over upholding the rule of law.

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The counteroffensive is about ensuring that Ukraine wins the peace.

Australia can make a Hornets’ nest for Moscow

The people of Ukraine have done enough to stop Vladimir Putin winning the war. The counteroffensive is to help them win the peace.

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Australia wants both trade with China and a US role in the region.

Stable Asia needs American power to balance China

The Shangri-La Dialogue shows there’s quiet support for the US role in the region. But while it ignores wider trade issues, the US only has half an Asian strategy.

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RBA governor Philip Lowe puts the focus on productivity.

Labor needs a productivity agenda for post-pandemic reality

Australia’s pathway out of high inflation, sub-par growth and a possible hard landing requires an incentive-sharpening reform agenda.

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Until now, the public has not blamed the government for interest rate rises. That is starting to change.

Doubts hang over Labor’s commitment to low inflation

The disturbing suspicion is Jim Chalmers wants the RBA to somehow fight inflation and unemployment at the same time.

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NSW Climate Change, Energy and Environment Minister Penny Sharpe in conversation with The Australian Financial Review’s Jacob Greber at the Summit.

ESG reality bites on power bills, boards and the Voice

When polarisation is a problem in many Western democracies, Australian business encouraging respect for political diversity and disagreeing civilly is a worthy ESG outcome in itself.

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Is Labor committed to a return to low inflation?

It seems the RBA will need to further raise interest rates. The question is how much the other arms of policy will increase the economic cost of this necessary monetary tightening.

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The Australian Financial Review Magazine

BOSS Financial Review

Raising the bar on producing environmentally-friendly products and services is particularly important for large corporates, Megan Flynn says.

Life & Leisure

The living room inside a Shakti Kumaon kana house

Rich List

The property has been revamped by interior architects Richards Stanisich.