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John Hawkins1

Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
I have a PhD in political science and Masters degrees in Economics and Applied Finance. I have headed the economics division at the Hong Kong Monetary Authority and been a senior economist with the Reserve Bank of Australia, Bank for International Settlements and Australian Treasury and secretary to the Senate Economics Committee.

As treasurer, Bill Hayden set Labor on the path to economic rationalism

Oct 24, 2023 09:21 am UTC| Economy Central Banks

Former Labor leader and governor-general Bill Hayden, whose death was announced on Saturday, is rightly being remembered for introducing Australias first universal healthcare scheme Medibank, which lives on today as...

Blockchain Revolution Series

Are NFTs really dead and buried? All signs point to 'yes'

Oct 02, 2023 06:23 am UTC| Technology

Non-fungible tokens (NFTs) are in dire straits. With the market in a severe downturn, its safe to assume the NFT bubble has well and truly burst. It was never clear why these digital collectables traded for such large...

Central Banking Series

Underlying inflation has slipped below 6%, but is the slide enough to stop the RBA pushing up rates further?

Jul 27, 2023 08:46 am UTC| Economy

Australias inflation rate has fallen for the second consecutive quarter. After reaching a 30-year high of 7.8% at the end of 2022, annual inflation as measured by the Bureau of Statistics quarterly Consumer Price Index...

No, the budget does not make further interest rate rises more likely

May 11, 2023 15:50 pm UTC| Economy

Inflation, as Prime Minister Anthony Albanese has said, is a tax on the poor. The great budget challenge for him and Treasurer Jim Chalmers has been to deliver help to Australians struggling with cost-of-living...

Inflation still the 'defining challenge' as Australia's economic activity slows

Mar 04, 2023 12:21 pm UTC| Economy

Australia has recovered better than most from the COVID pandemic. As measured by gross domestic product (GDP), the economy is now 7% larger than it was before the pandemic. Over 2022, the economy expanded by 2.7% more...

Imagine if each of us could direct where our taxes were spent. Meet TaxTrack

Oct 24, 2022 17:26 pm UTC| Economy

Ahead of this weeks budget, Treasurer Jim Chalmers says he wants Australians to prepare for a serious conversation about how to pay for the services we need. Weve developed a proposal to make that conversation more...

Digital Currency Revolution

Cryptocurrencies are great for gambling – but lousy at liberating our money from big central banks

Jul 04, 2022 16:27 pm UTC| Digital Currency

The dream that decentralised finance or DeFi can free the monetary system from the clutches of governments and banks has helped launch 20,000 cryptocurrencies. But with 2022 proving to be more of a crypto-nightmare ...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

Massive SHIB Transfers Occur Despite Sharp Decline in Shibarium Transactions

Shiba Inu (SHIB), a dog-themed cryptocurrency, has seen a startling 3,015% increase in large holder NetFlow, which provides insight into whales changing positions. However, this impressive surge comes with a...

SHIB Whale Activity Surges Amid Plummeting Shibarium Transaction Volumes

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...