Uganda will soon be exporting oil: an energy economist outlines 3 keys to success

Dec 11, 2023 06:53 am UTC| Economy

Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National Oil Offshore Company (CNOOC) has 28.33%....

Australia has one of the weakest tax systems for redistribution among industrial nations – the Stage 3 tax cuts will make it worse

Dec 11, 2023 06:39 am UTC| Economy

One of the chief purposes of government payments and taxes is to redistribute income, which is why tax rates are higher on taxpayers with higher incomes and payments tend to get directed to people on lower...

Return of the ‘consultocracy’ – how cutting public service jobs to save costs usually backfires

Dec 11, 2023 06:38 am UTC| Economy

It has been clear that change is coming to the New Zealand public service since the election campaign. Just what impact that change will have is less easy to predict now the new government is installed. As part of its...

Climate Change Series

The 7 charts that show Australians struggling as saving falls to near zero

Dec 07, 2023 08:05 am UTC| Economy

The national accounts released by the Australian Bureau of Statistics show economic growth slid to a measly 0.2% in the last quarter. Thats well down from a low 0.4% in the June quarter. Of course, economic...

Can the government's new market mechanism help save nature? Yes – if we get the devil out of the detail

Dec 07, 2023 08:04 am UTC| Economy

Australians woke up this morning to discover they had a nature repair market, after the legislation passed late last night. Except it wont be called a market, after amendments by the Greens, and it wont include...

Climate Change Series

COP28: South Africa pioneered plans to transition to renewable energy – what went wrong

Dec 07, 2023 08:03 am UTC| Economy

South Africas experience in piloting a new type of climate finance vehicle can inform debates about how to fund a just transition from fossil fuels to renewable energy. Two years ago at COP26, South Africa piloted the...

Universal basic income: Wales is set to end its experiment – why we think that’s a mistake

Dec 07, 2023 01:33 am UTC| Economy

The Welsh government has announced that its universal basic income (UBI) project will not be continued after the initial pilot ends in 2025 because of the cost. The trial involved paying monthly payments of 1,600 each...