There is much, much more to a good life than jobs and growth, and the head of the treasury ought to know it.
Peter Martin is the Economics Editor for The Age.
Low inflation has 'tilted' our mortgages.
Australia's top financial regulator has dismissed as self-serving arguments by Australia's big four banks that they can't afford to offer so-called "tracker mortgages" that would move in tandem in official interest rates.
So concerned is the head of the Treasury about the cost of housing, he says he is having to help out one of his own children, and that parents like him are endangering their superannuation.
New Reserve Bank governor Philip Lowe has held out hope of further interest rate cuts, saying he needs to guard against inflation expectations falling too far.
'Noodle bowl' of agreements is difficult for business to navigate
A good chunk of Scott Morrison's budget problems could have vanished, just as they vanished for Peter Costello during mining boom at the start of the century.
Six months ago the business-backed Committee for the Economic Development of Australia presented the Turnbull government with what it said was a clear and practical plan to return the budget to surplus. There were 5 of them in fact, including different mixes of proposals such as better taxing superannuation contributions, halving the tax discount for capital gains, ending negative gearing, boosting taxes on luxury cars, alcohol and tobacco, and taxing the private health insurance rebate.
Prime minister Malcolm Turnbull's most senior advisor has lashed out at Australian managers, saying they are failing to pursue opportunities and holding back national income.
Australia's bank chiefs could be forgiven for thinking they've survived the worst, says Peter Martin.