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Shane Wright Profile picture
Shane Wright
@swrighteconomy
National economics correspondent for The Age and The Sydney Morning Herald, and according to The Drum, "Australia's biggest Kate Bush fan"
Aug 14 • 6 tweets • 2 min read
Ahead of the economic roundtable next week, have to get this off my chest. This graph appeared in the RBA's monetary policy statement this week, showing an alarming comparison of productivity growth over recent years 🧵 Image But there's two big problems. Productivity over short periods is notoriously noisey (as the RBA knows). So two years (far right of graph) doesn't mean much. But the biggest problem - check out the time periods across the entire graph...
Dec 13, 2024 • 9 tweets • 3 min read
Australia's unhappy record with infrastructure cost blowouts ... a short history (for those thinking building a fleet of nuclear power plants will come in on-budget and on-time)... a 🧵 Most recently ... the Ellenbrook rail line in Perth - blowout 91% ... abc.net.au/news/2024-12-0…