Toby Phillips
@tobyphillips.bsky.social
Economic Director at the Centre for Policy Development in Australia. Spends a lot of time in the mountains.
All up: this is a period of structural transition. We know there will be disruption, but if its managed well, it can generate massive shared prosperity 4/4
January 30, 2025 at 5:36 AM
All up: this is a period of structural transition. We know there will be disruption, but if its managed well, it can generate massive shared prosperity 4/4
The global emergence of new green industries is a process that is going to take 2 decades to play out. Policies like the hydrogen production tax incentive provide short-term support to get the first electrolysers built in Australia 3/4
January 30, 2025 at 5:36 AM
The global emergence of new green industries is a process that is going to take 2 decades to play out. Policies like the hydrogen production tax incentive provide short-term support to get the first electrolysers built in Australia 3/4
Australia is in a really strong position to develop energy-intensive green industries like ammonia or green metals over the long-term. But in the short term, the global emergence of these industries is happening in a lumpy and unpredictable fashion – policymakers need to set the direction 2/4
January 30, 2025 at 5:36 AM
Australia is in a really strong position to develop energy-intensive green industries like ammonia or green metals over the long-term. But in the short term, the global emergence of these industries is happening in a lumpy and unpredictable fashion – policymakers need to set the direction 2/4
Last week I spoke to the Senate Economics Committee about legislation to establish tax credits for hydrogen production and critical minerals production.
This is really important economic policy, particularly for hydrogen, so I'll share some clips below 1/4
#auspol
This is really important economic policy, particularly for hydrogen, so I'll share some clips below 1/4
#auspol
January 30, 2025 at 5:36 AM
Last week I spoke to the Senate Economics Committee about legislation to establish tax credits for hydrogen production and critical minerals production.
This is really important economic policy, particularly for hydrogen, so I'll share some clips below 1/4
#auspol
This is really important economic policy, particularly for hydrogen, so I'll share some clips below 1/4
#auspol
I was quoted in the Australian Financial Review today on the offshore wind sector...
In the last budget, the govt allocated $235 million to improve approvals processes and reduce complexity for major projects. These might sound dull, but it is critical!
www.afr.com/policy/energ...
In the last budget, the govt allocated $235 million to improve approvals processes and reduce complexity for major projects. These might sound dull, but it is critical!
www.afr.com/policy/energ...
January 28, 2025 at 12:12 AM
I was quoted in the Australian Financial Review today on the offshore wind sector...
In the last budget, the govt allocated $235 million to improve approvals processes and reduce complexity for major projects. These might sound dull, but it is critical!
www.afr.com/policy/energ...
In the last budget, the govt allocated $235 million to improve approvals processes and reduce complexity for major projects. These might sound dull, but it is critical!
www.afr.com/policy/energ...
I just got around to reading this great piece by @jburnmurdoch.bsky.social
Inequality hasn’t risen, but it feels like it has. The middle class is stagnating, while the poor catch up and the rich pull away. A median income doesn’t mean what it used to!
www.ft.com/content/b325...
Inequality hasn’t risen, but it feels like it has. The middle class is stagnating, while the poor catch up and the rich pull away. A median income doesn’t mean what it used to!
www.ft.com/content/b325...
January 15, 2025 at 9:14 AM
I just got around to reading this great piece by @jburnmurdoch.bsky.social
Inequality hasn’t risen, but it feels like it has. The middle class is stagnating, while the poor catch up and the rich pull away. A median income doesn’t mean what it used to!
www.ft.com/content/b325...
Inequality hasn’t risen, but it feels like it has. The middle class is stagnating, while the poor catch up and the rich pull away. A median income doesn’t mean what it used to!
www.ft.com/content/b325...
great to see empirical confirmation of claims about the housing market I always assumed to be true (but never had data):
1. new housing supply leads to lower rents
2. new housing supply increases supply of affordable units (even if the new construction is in more expensive market segments)
1. new housing supply leads to lower rents
2. new housing supply increases supply of affordable units (even if the new construction is in more expensive market segments)
January 8, 2025 at 2:49 AM
great to see empirical confirmation of claims about the housing market I always assumed to be true (but never had data):
1. new housing supply leads to lower rents
2. new housing supply increases supply of affordable units (even if the new construction is in more expensive market segments)
1. new housing supply leads to lower rents
2. new housing supply increases supply of affordable units (even if the new construction is in more expensive market segments)
New mandatory climate disclosure laws come into effect this month in Australia – so I spoke to ABC RN radio to about what this means for investors and business.
This is a slam dunk piece of financial regulation, and should make things better for investors, business, and the environment.
This is a slam dunk piece of financial regulation, and should make things better for investors, business, and the environment.
January 6, 2025 at 7:31 AM
New mandatory climate disclosure laws come into effect this month in Australia – so I spoke to ABC RN radio to about what this means for investors and business.
This is a slam dunk piece of financial regulation, and should make things better for investors, business, and the environment.
This is a slam dunk piece of financial regulation, and should make things better for investors, business, and the environment.
I was quoted in this @capitalbrief.com article on the new Future Fund mandate.
Folk like @petertulip.bsky.social are right that the best way to achieve goals is through real fiscal policy.
But I don't see their concerns – the FF's singular goal is unchanged.
www.capitalbrief.com/article/expe...
Folk like @petertulip.bsky.social are right that the best way to achieve goals is through real fiscal policy.
But I don't see their concerns – the FF's singular goal is unchanged.
www.capitalbrief.com/article/expe...
November 22, 2024 at 1:46 AM
I was quoted in this @capitalbrief.com article on the new Future Fund mandate.
Folk like @petertulip.bsky.social are right that the best way to achieve goals is through real fiscal policy.
But I don't see their concerns – the FF's singular goal is unchanged.
www.capitalbrief.com/article/expe...
Folk like @petertulip.bsky.social are right that the best way to achieve goals is through real fiscal policy.
But I don't see their concerns – the FF's singular goal is unchanged.
www.capitalbrief.com/article/expe...
Inside you there are two wolves. One wants to comment on LLMs. The other one wants to comment on LLMs.
You comment on LLMs.
You comment on LLMs.
September 17, 2024 at 1:00 PM
Inside you there are two wolves. One wants to comment on LLMs. The other one wants to comment on LLMs.
You comment on LLMs.
You comment on LLMs.
Yep, it’s no joke! Here is a chart from my report last year ‘Green gold’… and even this is underestimates the emissions from exports. It is nearly 10% of global emissions!
cpd.org.au/work/green-g...
cpd.org.au/work/green-g...
September 17, 2024 at 12:00 PM
Yep, it’s no joke! Here is a chart from my report last year ‘Green gold’… and even this is underestimates the emissions from exports. It is nearly 10% of global emissions!
cpd.org.au/work/green-g...
cpd.org.au/work/green-g...
just happy to be included as part of the gang
September 17, 2024 at 8:59 AM
just happy to be included as part of the gang
surprised I hadn't heard of the plucking model of the business cycle until today!
In short: instead of fluctuating around potential output like a sine wave, output deviates down and snaps back like a rubber band taped to the ceiling.
(HT @weatherday.bsky.social)
www.mercatus.org/research/pol...
In short: instead of fluctuating around potential output like a sine wave, output deviates down and snaps back like a rubber band taped to the ceiling.
(HT @weatherday.bsky.social)
www.mercatus.org/research/pol...
September 16, 2024 at 3:38 AM
surprised I hadn't heard of the plucking model of the business cycle until today!
In short: instead of fluctuating around potential output like a sine wave, output deviates down and snaps back like a rubber band taped to the ceiling.
(HT @weatherday.bsky.social)
www.mercatus.org/research/pol...
In short: instead of fluctuating around potential output like a sine wave, output deviates down and snaps back like a rubber band taped to the ceiling.
(HT @weatherday.bsky.social)
www.mercatus.org/research/pol...