Chief Economist at @australiainstitute.org.au Columnist on economics and politics for Guardian Australia. Dollars & Sense podcast https://australiainstitute.org.au/news/category/podcasts/dollars-sense/https://bsky.app/profile/grogsgamut.bsky.socialhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm4uazsowk2zBrad Pitt as Achilles walked so Damon as Odysseus could run [contains quote post or other embedded content]18 May 2026 12:18 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm4uazsowk2zhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm4sggrvk227My favourite thing is how Covid absolutely broke a few economists' brains. They really did not cope well with health academics telling them to stick to their lane.18 May 2026 11:45 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm4sggrvk227https://bsky.app/profile/grogsgamut.bsky.social/post/3mm4ldyg6ak2oBarnaby Joyce seems to be very exercised about testamentary trusts. No idea why. https://www.aph.gov.au/-/media/03_Senators_and_Members/32_Members/Register/48p/GJ/Joyce_48P.pdf18 May 2026 09:38 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm4ldyg6ak2ohttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm4ae5y2os2bThere is going to be a LOT of bullshit about trusts. So let's keep our eye on the ball. Bugger all people use them. But millionaires do and they get a LOT of income through them And they do that because they can avoid paying tax.18 May 2026 06:21 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm4ae5y2os2bhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm46ksr7vk2bThe Oz tries to suggest Plibersek had a trainwreck interview But this is their lede: "Social Services Minister Tanya Plibersek has refused to agree that the tax on testamentary discretionary trusts is a “death tax” but conceded the charge will hit families who try to “shift their money around”.18 May 2026 05:49 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm46ksr7vk2bhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm444b7mvk2bFYI ABC news has started posting here. [contains quote post or other embedded content]18 May 2026 05:05 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm444b7mvk2bhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm43vdjecc2bThe WA premier campaigned hard against a 25% tax on gas exports. You'd think he'd look at his state's own Budget Papers and see how little gas royalties the WA govt gets and how fast it is dropping https://thepoint.com.au/off-the-charts/260518-wa-drivers-pay-more-in-car-registration-than-gas-companies-pay-in-royalties18 May 2026 05:02 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm43vdjecc2bhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm3zzabkwk2fNot good https://www.livescience.com/planet-earth/weather/the-biggest-el-nino-event-since-the-1870s-super-el-nino-is-now-the-most-likely-scenario-by-the-end-of-this-year-and-the-humanitarian-cost-could-be-huge18 May 2026 04:28 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm3zzabkwk2fhttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm3zflrf3k2kI know you're all still a bit worried about the gas companies, so let's check on how they're going. Afterall the ASX200 fell today so much be carnage for the gas giants18 May 2026 04:17 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm3zflrf3k2khttps://bsky.app/profile/grogsgamut.bsky.social/post/3mm3fytys2s26AI not only lies it will lie to you about its lies. https://www.afr.com/world/north-america/ey-retracts-study-after-researchers-discover-ai-hallucinations-20260517-p5zxss17 May 2026 22:30 +0000at://did:plc:ebyirfmcml2wmydrexhxu27t/app.bsky.feed.post/3mm3fytys2s26