This report examines the long-run relationship between Australian and American productivity and living standards.

This report argues that should border shutdowns proliferate and air travel effectively be banned until the end of 2020, the global air transport system will collapse. This is clearly the worst-case scenario. However, there are other, less severe potential endgames for the air industry, governments and passengers.

This update provides an overview of key productivity trends in Queensland, and places them in a national context. While Queensland has fared better than the rest of Australia in terms of productivity growth, slower growth in recent years should be of concern to policy makers.

This publication provides a multi-perspective and historical overview of the Victorian economy. It is largely based on the most recent release of economic data published by the Australian Bureau of Statistics, covering the 2018/19 financial year.

Episodes of debt accumulation have been a recurrent feature of the global economy over the past fifty years. This paper examines the factors that are likely to determine the outcome of the most recent debt wave, and considers policy options to help reduce the likelihood that it ends again in widespread crises.