“So, what’s the difference? Why do higher fuel costs increase inflation, but higher interest rates decrease inflation?” writes @mattgrudnoff.bsky.social “The answer is all in how we measure inflation.“ Read the full piece on The Point: thepoint.com.au/opinions/260...
Matt Grudnoff
@mattgrudnoff.bsky.social
Senior economist @australiainstitute.org.au. Opinions are my own.
@mattgrudnoff.bsky.social writes “No, immigration isn’t ’out of control’, grievance politics just needs a scapegoat” Read the full piece on The Point: thepoint.com.au/opinions/260...
“The housing reforms are cooling investor demand and slowing the market. That’s the point” writes @mattgrudnoff.bsky.social Read the full piece on The Point: thepoint.com.au/opinions/260...
The Barefoot Investor has backed the proposed changes to the capital gains tax discount and negative gearing! He says, 'the system lets wealthy families with good accountants pay less tax than nurses and tradies.' And he's right! @mattgrudnoff.bsky.social #auspol
"The taxation statistics confirm that a tiny number of people are hoarding an enormous number of homes. They show that just 1% of taxpayers own 25% of all rental properties" writes @mattgrudnoff.bsky.social Read the full piece on The Point: thepoint.com.au/opinions/260...
"If you had a $50,000 share portfolio five years ago...then that person would be about $1,000 over five years worse off because of the tax changes." "But also, over those same five years, house prices have been increasing by about $60,000 a year." @mattgrudnoff.bsky.social #auspol
"While it was pretty much universally thought that interest rates would continue to rise even a few weeks ago, now we have two major banks thinking that the next move will be down, not up." - Senior Economist Matt Grudnoff on Ticker News @mattgrudnoff.bsky.social #auspol
Alan Kohler said on Insiders recently that if immigration was tied to housing construction - as Angus Taylor proposed - immigration levels would actually increase. And he's right! @mattgrudnoff.bsky.social #auspol
Important piece debunking NDIS fraud claims. Disabled Australians deliberately screwed by known BS. Sickening. thepoint.com.au/news/260604-...
"If you look around the world, there are some countries that don't have housing affordability issues, and they all have one thing in common. And that's a large role for the government in the housing sector." @mattgrudnoff.bsky.social #auspol
"Over the last ten years, the population has increased by 16%, and the number of homes has increased by 19%." "The housing crisis wasn't caused by a drop in supply." @mattgrudnoff.bsky.social #auspol
You mean the superannuation tax breaks? No? You mean the CGT discount? No? You mean the fossil fuel subsidies? No? You mean the free gas for multinationals? No? You mean the failure of the PRRT? No? You mean the tax dodging trusts? No? You mean the lack of a wealth tax? No? No you mean the NDIS FFS
Despite government threats to crackdown on any fuel retailers profiteering from the energy crisis, many forms of price gouging remain perfectly legal. @mattgrudnoff.bsky.social & @elinorjohnstonleek.bsky.social discuss price gouging & the real driver of inflation. #auspol 🎧 theaus.in/41B9F5b
The federal government's announced that the ACCC will be cracking down on price-gouging at petrol stations. Which would be great news if the ACCC actually had the power to stop firms from price-gouging. But they don't. @mattgrudnoff.bsky.social @elinorjohnstonleek.bsky.social #auspol
"How can increasing Australian interest rates open the Strait of Hormuz?” said @mattgrudnoff.bsky.social “All this increase in interest rates will do is heap more misery on Australian mortgage holders who are already being hurt by higher fuel prices,” he said. www.news.com.au/finance/econ...
news.com.au
“The debate over the capital gains tax discount comes down to a very simple question: who do you think should pay more income tax?” writes Matt Grudnoff, Senior Economist at The Australia Institute. Read the full piece on The Point: https://theaus.in/3OHEXVa
Wages aren’t driving higher inflation, so why do workers always seem to cop the blame? This week on Dollars & Sense, @grogsgamut.bsky.social explains why Coles is in court & the role of corporate profits in driving inflation. #auspol 🎧 theaus.in/4rS2eSg
The Coalition’s policy ‘solutions’ were terrible before the last election. And early signs are that under ‘new leadership’ they’ll be even worse, says @mattgrudnoff.bsky.social #auspol www.thenewdaily.com.au/finance/prop...
New ideas from a new-look Coalition? Don’t bet your house on it
The Liberal Party has a new leader, and the Coalition has a new frontbench. So, does that mean we can expect some new ideas?
thenewdaily.com.au
“The Government is rigging the housing market for investors. This needs to end. Home ownership and affordable housing should be their number one goal.” @mattgrudnoff.bsky.social Unaffordable rents, crippling mortgages, and #homelessness are not side effects. They are deliberate policy choices.
Everybody’s Home has released its new ‘No Way Out’ sector survey results, with national spokesperson Maiy Azize warning that frontline services are trapped in constant crisis mode. Read the full piece on The Point: https://theaus.in/3ZYvNFP
Policy analysis from actual homelessness case worker. Proud to have helped with this piece. thepoint.com.au/opinions/260...
The last stop on the train line of Australia’s social failures: Tales of a homelessness case worker on the NSW South Coast
Life as a homelessness case worker is brutal. You often feel like the last stop on the train line of our country’s social failures. Hardest of all is knowing that people aren’t helped as well as they ...
thepoint.com.au
Why did the RBA jump the gun on raising interest rates? "If they go too fast, the cons are that the economy will slow down and unemployment will go up. Well, that's not a con to the RBA." @MattGrudnoff @ebony_bennett #auspol
"Trading blocs require trust between nations. What country would trust the US under Trump to keep their word on trade? Ask Canada and Mexico what their trade deal with the US was worth" writes @mattgrudnoff.bsky.social over on the liveblog at The Point live.thepoint.com.au/2026/02/the-...
With inflation being driven by Christmas holidays & data centres, the RBA didn’t need to raise the interest rate this week. @mattgrudnoff.bsky.social & @ebonybennett.bsky.social discuss why the RBA is so cautious about cutting rates, yet so quick to hike them up. #auspol 🎧 theaus.in/4qkepGv
Even the Mathias Cormann-led OECD says the capital gains tax discount & negative gearing are a problem. Dollars & Sense is back with @grogsgamut.bsky.social & @elinorjohnstonleek.bsky.social discussing why the housing market is (still) cooked, inflation & AUKUS spending #auspol 🎧 theaus.in/49N9BED
Ley is failing the Jewish community. She is choosing to politicize rather than unite Australia on this national tragedy. If she succeeds I fear it will become a political football robbing them of real effort to ensure this never happens again. After Port Arthur we came together. We need that again.
Miners exaggerating tax. Again. What's new is that this is so demonstrably false. Will they take down false ads? If you see this ad after today, please let me know. Debunked on @thepointau.bsky.social here, more below: thepoint.com.au/factchecks/2...
South Korea announced it's going to phase out coal-fired power by 2040, a massive win for the climate.🌏 But you might not know that a few local climate groups in Australia played a part in making this happen!🌱 Research Director Rod Campbell explains @rodcampbell.bsky.social #auspol
Australian scientists have improved our lives & increased national productivity. So why is the CSIRO being forced to shed staff again? @mattgrudnoff.bsky.social argues that cutting research jobs undermines the government's productivity drive. #auspol @ebonybennett.bsky.social 🎧 theaus.in/3XWDfAg