4 global supply side trends worrying the Gov of the Reserve Bank of Australia 1) deglobalisation 2) demographic shifts 3) climate change 4) transition in energy system CEDA Deloitte Australia Melinda Cilento Claire Ibrahim John O'Brien

Gov Lowe Reserve Bank of Australia notes that capital stock of fossil fuel energy generation is depreciating quickly and as terms of trade of resources has risen recently mining investment has not followed - risk is energy supply constraints

A picture tells it all on Australia’s fire productivity performance - outlined by Gov Lowe Reserve Bank of Australia at CEDA Deloitte Australia Claire Ibrahim @D_AccessEcon Melinda Cilento

Maybe the #RBA has done enough - the latest GDP figures show signs of a slowing economy with Kieran Gilbert Sky News Australia on implications for the economy, business, and households youtu.be/M8-YFBIRobA Deloitte Australia @D_AccessEcon Claire Ibrahim #1SaffyFan John O'Brien Jim Chalmers MP

After 8 rate rises on the trot, the consumer led recovery is running out of road. The Reserve Bank of Australia should be done with raising rates for now given the risk of tipping Aust into recession. @D_AccessEcon Deloitte Australia Stephen Smith

Short-termism has left us overly reliant on taxing good things like income&not bad things like carbon. And now we are paying the price for rejecting climate and reforms a decade ago. Claire Ibrahim John O'Brien Will Symons @D_AccessEcon theaustralian.com.au/business/indus…

Mobilization of transformative innovation is critical to clean development. #GreenHydrogen plays an essential role in #decarbonisation & enabling achievement of #SDGs. UN Climate Change #SB58 official side event held by Deloitte happening now. shorturl.at/dW156.

New ⁦Productivity Commission⁩ Chair is a great appt for public policy&builds on the work of Michael Brennan.Chris Barrett and Michael represent generational change in policy debate.Chris brings enormous experience and economic rigour to drive reform. ministers.treasury.gov.au/ministers/jim-…

Last night at NGV we celebrated the remarkable leadership & achievements of Margaret Gardner AC, outgoing Vice-Chancellor of Monash University & retiring board member of ANZSOG - & incoming Governor of Victoria! Thank you Margaret Gardner for your inspiring service #MakeChange

Talking inflation,rates,& an economy on a knife-edge with 2GB Sydney Warren Moore Tom Storey on why supply side driven inflation needs economic refrom not just rates (22min mark). #economicreform Deloitte Australia @D_AccessEcon omny.fm/shows/money-ne…

Worth a read

With Deloitte at RMA Australia’s CRO dinner exploring the intersection btw the future of space & financial services (think satellite cloud svcs, space data relay networks) and the key difference btw growing with controlled risk vs. 'staying safe' with zero risk... #RiskReward

Great to chat with Scott Haywood 2GB Sydney Tom Storey on budget repair in Australian after the NSW budget Daniel Mookhey Deloitte Australia @D_AccessEcon and the need for greater focus on investment and productivity Money News with Scott Haywood - 19th September omny.fm/shows/money-ne…

#SaveTheDate The Institute of Economics of the SantAnnaPisa announces "A two-day Fest in honor of #GiovanniDosi and more," an exciting event to celebrate his scientific contributions and advances in economics during his 40-year academic career. ✍️ urly.it/3xaf6

Full employment and low inflation: Can we pull it off? Pradeep Philip (Deloitte), Luci Ellis (Westpac Bank) and Innes Willox AM (Ai Group) explore the possibilities in this morning's panel discussion. #OutlookCon23

Great to speak with Kieran Gilbert on Sky News Australia on the RBA having backed the wrong horse raising rates this week. A slowing economy, retail in a slump, confidence waning, an uncertain geopolitical environment….. Deloitte Australia @D_AccessEcon youtu.be/iP8MddqKPIA?si…

US Federal Reserve leaves rates steady, chair Jerome Powell sees rates peak, maybe rate cuts in 2024. And I speak with Pradeep Philip head of Deloitte Access Economics who applauds the strong MYEFO but worries luck will run out Pradeep Philip ABC News on.soundcloud.com/MwP4F

Aged is one of the Fab 5 of Fed govt expenditures and growing fast.It faces an economic storm of fast rising demand, supply constraints & a quality imperative. Reforms underway but much more needed in the #Budget. Deloitte Australia

Great to interview ASEAN Secretary General Dr Kao Kim Hourn at the ASEAN Australia special summit in Melbourne

The trend in inflation is clearly down but it will be sticky and more volatile especially as structural change hits the economy. But economic growth is slowing because interest rates are doing their job. Getting this balance right is all important.