Off The Charts
OFF THE CHARTS
Three graphs that show why the RBA was wrong not to cut rates
The RBA got it wrong when it decided to leave rates on hold at its September meeting. Here are the three important graphs that show why.
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Australia uses more gas to process exported gas than for domestic power generation or manufacturing
Australia does not have a natural gas shortage.
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Nearly a fifth of Australia’s emissions now come from sending fossil fuels overseas
Australia’s exports of fossil fuels are not only increasing emissions across the world, they are also becoming a larger share of our domestic emissions.
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Private health insurance is for the rich – the rest would rather better public health
ATO figures show that private health insurance is favoured by the rich and it should be subject to GST.
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When targeting inflation, the RBA misses more often than it hits
With the fight against high inflation now over, will the Reserve Bank fail to learn the lessons of the past and allow inflation to fall below 2%?
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Australia has a politician problem: not too many, but too few
Each of Australia’s 150 members of Parliament (MPs) must split their attention between more constituents than ever before: 120,659 voters per MP, over six thousand more than in 2022.
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The Safeguard Mechanism helps gas companies take the piss
The Government’s Safeguard Mechanism is supposed to limit emissions; instead, it just lets companies cheat.
