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Independent Australia
Trends
- 1Economist Chris Richardson's inflation definition draws attention in Australia●I like this definition of inflation & the questions raised: “As independent economist Chris Richardson told The Business
Independent economist Chris Richardson, speaking on ABC's The Business, offered a blunt definition of inflation: "too much money chasing too little stuff." He argued that no Reserve Bank or government can wave a magic wand and fix Australia's inflation problem, a framing that is resonating with Australian audiences debating the cost-of-living squeeze and the limits of official policy.
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Commentary from Independent Australia argues the country is well positioned in the global competition to build and protect space-based critical infrastructure. As satellites become essential to communications, banking, defence and navigation, the piece suggests Australia's geography and capabilities give it an edge in a field increasingly seen as vital to national security and economic resilience.