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Richard Denniss

Adjunct Professor, Crawford School of Public Policy, Australian National University
Dr Richard Denniss is the Australia Institute’s chief economist. He is an economist with a particular interest in the role of regulation. Prior to taking up his current position he was an Associate Professor at the Crawford School of Economics and Government at the Australian National University where he continues to hold an adjunct appointment.

Richard has also worked as Strategy Adviser to the Leader of the Australian Greens, Senator Bob Brown, Chief of Staff to the Leader of the Australian Democrats, Senator Natasha Stott Despoja, and lectured in economics at the University of Newcastle.

Richard has published extensively in academic journals, is a frequent contributor to national newspapers and was the co-author of the best selling Affluenza (with Dr Clive Hamilton) and is the co-author of An Introduction to Australian Public Policy: Theory and Practice (with Dr Sarah Maddison).

Tech billionaire Elon Musk is on track to become the world’s first trillionaire

Sep 12, 2024 07:46 am UTC| Insights & Views Business

Apparently, the world is about to get its first trillionaire. A report from the business intelligence agency Informa Connect says, at his present rate of wealth accumulation, tech billionaire Elon Musk is on track to be...

The big stimulus spending has just begun. Here's how to get it right, quickly

May 20, 2020 15:29 pm UTC| Economy

Responding to COVID-19 required governments to make hard choices with enormous consequences. The biggest were whether to let the disease rip, lock it down, or strike out in search of a middle ground that delivered the best...

Economy

China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump

Chinas new home prices recorded their steepest decline in more than three years in February, highlighting the persistent weakness in the countrys property market despite continued policy support. According to data released...

Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock

The global energy market is facing its most serious disruption since the Ukraine invasion, as escalating tensions involving Iran have effectively halted traffic through the Strait of Hormuz. This narrow waterway is the...

Trump Warns Iran as Gulf Conflict Disrupts Oil Markets and Global Trade

U.S. President Donald Trump has issued a stern warning to Iran, cautioning against further retaliatory attacks targeting the United States and its Middle East allies. In a recent Truth Social post, Trump stated that any...

Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran

Global oil and liquefied natural gas (LNG) shipments through the Strait of Hormuz have been disrupted after the United States and Israel launched attacks on Iran, prompting Tehran to declare the strategic waterway closed....

MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat but reaching a new three-month high. Despite ending the session unchanged at 0.00%, investor sentiment remained supported by strong...

Politics

Russia Signals Openness to U.S. Security Guarantees for Ukraine at Geneva Peace Talks

Russia has indicated it would accept a U.S.-backed proposal for Ukraines post-war security guarantees during recent peace talks in Geneva, according to a senior aide to Ukrainian President Volodymyr Zelenskiy. The...

Trump Launches Operation Epic Fury: U.S. Strikes on Iran Mark High-Risk Shift in Middle East

President Donald Trump authorized a sweeping U.S. military operation against Iran after receiving intelligence briefings that warned of potential American casualties while highlighting a possible geopolitical shift in...

U.S.-Israel Strike on Iran Escalates Middle East Conflict, Trump Claims Khamenei Killed

The United States and Israel have launched coordinated military strikes on Iran, dramatically escalating tensions in the Middle East. U.S. President Donald Trump stated on Truth Social that Irans Supreme Leader, Ayatollah...

Netanyahu Suggests Iran’s Supreme Leader Khamenei May Have Been Killed in Israeli-U.S. Strikes

Israeli Prime Minister Benjamin Netanyahu said Saturday that there are many signs indicating Irans Supreme Leader, Ayatollah Ali Khamenei, may have been killed in recent Israeli-U.S. airstrikes on Iran. The statement comes...

Iran Supreme Leader Ayatollah Ali Khamenei Killed in Israeli, U.S. Strikes: Reuters

Irans Supreme Leader Ayatollah Ali Khamenei has reportedly been killed in joint Israeli and U.S. strikes, according to a senior Israeli official who spoke to Reuters on Saturday. The reported death of Khamenei marks a...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom

Samsung Electronics Co Ltd DRC (LON:0593xq) is rapidly regaining momentum as global demand for AI infrastructure and memory chips accelerates. According to recent analyst reports from Citi, Macquarie, and Morgan Stanley,...

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

U.S. President Donald Trump announced Friday that he has directed every federal agency to immediately stop using artificial intelligence technology developed by Anthropic, escalating tensions between the federal government...

Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

A federal judge has temporarily blocked Virginia from enforcing a new social media law designed to protect children from online addiction, ruling that it likely violates First Amendment rights. The decision marks a...

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...