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How can Australia pay $368 billion for new submarines? Some of the money will be created from thin air

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Australia’s decision to buy three nuclear-powered submarines and build another eight is so expensive that, for the A$268 billion to $368 billion price tag, we could give a million dollars to every resident of Geelong, or Hobart, or Wollongong.

Those are the sort of examples used by former NSW treasury secretary Percy Allan on the Pearls and...

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Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
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Why Sport Remains the Safest Bet in an Uncertain World
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10 ways to use shipping containers for business
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How To Cope With Narcissistic Abuse
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Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

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From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

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US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

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How can Australia pay $368 billion for new submarines? Some of the money will be created from thin air

A stronger focus on prevention could help governments rein in health care and social spending

As Trump’s threats over Greenland escalate, will Europe use its ‘trade bazooka’?

To sustain prosperity as its population shrinks, China will have to invest big at home

Research reveals a surprising line of defence against cyber attacks: accountants

What makes people more likely to give to charity after a disaster: new research

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Why Sport Remains the Safest Bet in an Uncertain World

10 ways to use shipping containers for business

How To Cope With Narcissistic Abuse

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security