This is an edited extract of Our Place: How to Solve the Housing Crisis and Rebuild the Australian Dream by Matt Lloyd-Cape and published by La Trobe University Press on 29 September 2026.
A member of the Reserve Bank of Australia (RBA)’s Monetary Policy Board, which sets key interest rates, says that wages are not a major factor in price increases in Australia. In a speech to the University of Melbourne’s Centre for Employment and Labour Relations Law, Dr Iain Ross AO said there is “no evidence of the emergence of a wage-price spiral” in the Australian economy.
The global evidence shows electrification is no longer a distant or marginal pathway. The deployment of solar and batteries now represents the fastest energy shift in human history. This is not simply an emissions story; it is a manufacturing, learning-curve and capital-allocation story in which each deployment builds supply-chain capability and contributes to lower costs.
