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Articles by Paula Gadsby
We have forgotten the fiscal discipline that built our prosperity
Ideas Without credible guardrails to contain spending and debt, Australia risks leaving the next generation with a weaker economy and fewer options. Debt is eroding the future of young Australians, argues Paula Gadsby. AAP/Peter Stoop. Growing up in Newcastle in the 1990s, I spent hours riding bikes and surfing at some of Australia’s best beaches. I benefited from a strong education and healthcare system, the longest run of economic growth in Australia’s history and a solid fiscal position.
Paula Gadsby: WA’s Budget way ahead of the rest of Australia Original
WA’s Budget is in a strong position and the envy of other State and Territory treasurers. It shows that WA expects to bank its sixth consecutive operating surplus (of over $3 billion) in 2023-24. Beyond that, WA is expected to have $2 billion plus surpluses over the next four years. It’s a fiscal position other States and Territories can only dream of. WA has come a long way over the last decade, having record-high net debt and losing its AAA credit rating in 2013.
Australian National Accounts June 2025: Australia’s economy improves, but needs business investment boost
In brief: Gross Domestic Product (GDP) increased by 0.6 per cent in the June quarter and 1.8 per cent over the year. The Australian economy is in recovery with household and government consumption, as well as net trade, contributing to growth. Meanwhile, government investment fell. Business investment continues to lag, which remains a concern and could limit future growth. The National Accounts showed an economy in recovery, albeit an excruciatingly slow one.
Quarterly states and territories chart pack: Household spending slows nationally, with growth varying across jurisdictions
In brief: National household spending growth moderated in the June quarter due to higher interest rates and elevated costs, as well as ongoing economic uncertainty. The Northern Territory recorded the highest annual growth in household spending volumes, followed by Western Australia. The weakest growth was in New South Wales and Victoria. Most states and territories recorded strong growth in spending on vehicle purchases, particularly for electric and hybrid cars.
Paula Gadsby: Australian consumer behaviour puzzling economists with no reduction in purchases in 2023
Paula GadsbyThe West Australian Never before as an economist have I been one of the more popular people to converse with at a barbeque. I now get peppered with questions from friends and family about what’s happening in the Australian economy.
Paula Gadsby: Australian consumer behaviour puzzling economists with no reduction in purchases in 2023
Telethon Community CinemasWA’s charity cinemas, raising money for kids in need. See what’s on now! Find out More
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