Matt Grudnoff
mattgrudnoff.bsky.social
Matt Grudnoff
@mattgrudnoff.bsky.social
3.3K followers 230 following 96 posts
Senior economist @australiainstitute.org.au. Opinions are my own.
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Reposted by Matt Grudnoff
"A lot of rich people spend a lot of money hiring very smart accountants to work out how to avoid paying tax."

Senior Economist Matt Grudnoff unpacks the two tax loopholes that should be closed to make sure everyone pays their fair share.

@mattgrudnoff.bsky.social #auspol @thepointau.bsky.social
Reposted by Matt Grudnoff
RBA said market-sector jobs (those driven more by demand) had been the bulk of job growth in 2025... but the data says... errr wut?

thepoint.com.au/news/251024-...
After talking a very big game for a very long time on freedom of speech, it is interesting how quickly important institutions in the US have folded up, and rolled over at the first real sign of pressure.
BREAKING: Walt Disney-owned ABC said it will indefinitely stop airing 'Jimmy Kimmel Live' after remarks the late-night host made about Charlie Kirk's assassination came under harsh criticism from the head of the FCC reut.rs/4nFcP12
Reposted by Matt Grudnoff
Reposted by Matt Grudnoff
Given this is making some waves - here is the piece and you can judge for yourself.

(I'm fine, there are no issues - right wing ecosystem just doing what right wing ecosystem does).

Take care of you - it's rough out there! Ax

amyremeikis.substack.com/p/charlie-ki...
Charlie Kirk died in the America he wanted
I mourn the loss of human life. I feel compassion, empathy and grief at an inexcusable killing. But I find nothing to lionise in his legacy.
amyremeikis.substack.com
Turns out that when you privatise businesses with lots of monopoly power they are "good" investments. They gouge their customers and make huge profits. The fact that they are owned by super funds doesn't make this ok. Also most super is owned by the top 20%.
Reposted by Matt Grudnoff
Australia is building homes at a faster rate than the population has increased.

“Scare campaigns about immigration are as old as history. But the latest version of them falls apart when subject to the evidence.”

- Matt Grudnoff

@mattgrudnoff.bsky.social #auspol
Reposted by Matt Grudnoff
Global mail services have suspended parcel deliveries to the United States.

@mattgrudnoff.bsky.social explains why the Trump administration's chaotic implementation undermines any potential upside of tariffs & why Australia's latest inflation data isn't cause for panic. #auspol

🎧 theaus.in/4fYVYUh
I haven't found any dwelling estimates at a subnational level outside of the census.
ABS quarterly data on number of dwellings only goes back about 10 yrs. But we do have census data. The census counts up every dwelling. If we compare 2001 census (which was just before house prices started shooting up) with latest census (2021), pop has increased 34% & dwellings have increased 39%.
Reposted by Matt Grudnoff
I'm speaking at Monash Uni tomorrow about Australia's gas policy mess and Woodside in particular.
@australiainstitute.org.au @nteumonash.bsky.social
Just can't make him stop 😅
Reposted by Matt Grudnoff
Foreign-owned gas corporations are getting over half the gas they export from Australia for FREE.

The gas industry is ripping Australians off, and our governments are letting them.

✍️Add your name to the call to tax the gas industry properly theaus.in/increasePRRT #auspol
Reposted by Matt Grudnoff
A reminder that the RBA and other compliant economists spent a couple years telling @australiainstitute.org.au that companies were not marking up prices in 2022-23.

The failure of Australia’s economic establishment was truly embarrassing
Reposted by Matt Grudnoff
My high school legal studies and economics teacher came to see me speak last night. He remembered me because of how argumentative I was in class. Always question the orthodoxy kids!
Reposted by Matt Grudnoff
The RBA has cut interest rates – five weeks too late.

Does this make up for its bad call at the last meeting in July, when it left rates on hold?

Read Matt Grudnoff’s op ed in The New Daily on RBA's interest rate cuts and why this should have happened sooner.

@mattgrudnoff.bsky.social #auspol
Reposted by Matt Grudnoff
“The RBA shows a lot of concern when inflation is above the band and too little concern when it is below the band."

Read Matt Grudnoff’s article in The New Daily on if the Reserve Bank will learn from its mistakes or allow inflation to fall below 2% instead.

@mattgrudnoff.bsky.social #auspol
Reposted by Matt Grudnoff
“There has been no indication yet that the Australian government would reduce pharmaceutical tariffs for higher US drug prices in Australia. I think they’d be crazy to do it.

"Our trade is nowhere near big enough to warrant the pain.”

@mattgrudnoff.bsky.social in news.com.au
#auspol
Reposted by Matt Grudnoff
If investors are silly enough to wait tillthe end of the 5th year, then that's their problem, not a policy one.

Also. So what? Someone has to buy those houses being sold... Great - more affordable housing!
Reposted by Matt Grudnoff
Australia's preferential voting system is often praised, and for good reason. But in terms of reflecting overall votes cast it's not much better than first past the post.

My look at how our winner-takes-all voting system skews election outcomes for @australiainstitute.org.au 👇 #auspol
Reposted by Matt Grudnoff
Australia has a politician problem: not too many, but too few.

There are nine times the number of voters than in 1903, but the number of MPs has only doubled. Maybe it's time for our representative democracy to get a bit more representative?
@australiainstitute.org.au #auspol