Economics editor at Guardian Australia. Formerly of The Australian and Australian Financial Review.
Canberra
Joined January 2013
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Patrick Commins retweeted
The starting point for any useful discussion of housing policy is an acknowledgment that prices and rents should not keep rising.
Neither party is capable of that yet.
theguardian.com/australia-ne… 1/2
Patrick Commins retweeted
The Reserve Bank’s struggle to tame inflation is being exacerbated by $230bn worth of state and territory infrastructure spending and a failure to slow the mammoth pipeline of road, rail and energy projects. theaustralian.com.au/nation/…
Great from @tomdusevic:
"Does Albanese take the well-worn road of ever more debt, with its risky delusions of exceptionalism and free money? Or can it reinvent how we earn our way in the world via its work-in-progress brand of values-based capitalism?"
theaustralian.com.au/inquire…
Patrick Commins retweeted
Price controls look to be more important for child care than rents. Average annual growth for child care prices (gross) last 18 years 6% compared to rents 2.7% and the overall CPI 2.5%.
The @PBO_AU has some very snazzy charts showing Australia's projected long term financial position
pbo.gov.au/
Patrick Commins retweeted
Come work at the @FinancialReview
covering accountants, consultants and more.
We're looking for a Professional Services Reporter
seek.com.au/job/68135856?typ…
Patrick Commins retweeted
Australia recorded the largest annual population increase in the nation’s history after two Covid-affected years, despite a rise in the number of deaths and a drop-off in births: bit.ly/3p4FZ0W
A lot going on today but just wanted to note that Australia's unemployment rate is lower than it was when the RBA started its shock-and-awe series of 12 rate hikes.
Patrick Commins retweeted
This decision seems utterly inexplicable.
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
Patrick Commins retweeted
If it's true that Andrew Probyn is leaving the ABC, that is total madness.
He knows politics, he breaks news, he is thoroughly fair and he works non-stop.
He's a good man treated shabbily by an organisation that should know better.
Patrick Commins retweeted
Probes has done so much to help guide younger journos in the gallery. This is terrible news.
Probyn made redundant at ABC
afr.com/rear-window/probyn-m…
Patrick Commins retweeted
Proud to call @andrewprobyn an ex-boss, mentor and most importantly friend. Fantastic journo and newsbreaker, someone who is a leader in the Press Gallery. What are they smoking at Ultimo?
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
Patrick Commins retweeted
.@andrewprobyn is the hardest working ABC journalist I know and the broadcaster's best and most constant news breaker. And they've sacked him because they suddenly don't need a political editor. What a disgrace from an organisation full of middle-management time servers. @abcnews
“Looking across the range of indicators – strong growth in hours worked, the elevated employment-to-population ratio and participation rate, along with the low unemployment and underemployment rates – they all point to a continuing tight labour market."
theaustralian.com.au/nation/…
Patrick Commins retweeted
My latest column in @financialreview. We have a housing crisis, but rent controls will make it worse. That's what the best causal evidence is clear on. Supply, reforming planning & zoning regulations are the answer. afr.com/property/residential…
Patrick Commins retweeted
Over the quarter rent assistance renters (1.27m) experienced a 1% increase in gross rents and 0.5% increase net of rent assistance payments.
Patrick Commins retweeted
March quarter 2023 DSS data shows rents up 4.1% over the year for 1.27m rent assistance recipients. 3.2% net of rent assistance data.gov.au/data/dataset/dss…
While some Australians are under "significant" financial pressure, the Council of Financial Regulators' quarterly statement provides cover for more rate hikes
@australian #rba #rates #auspol
theaustralian.com.au/nation/…