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David Llewellyn-Smith

MacroBusinessM editor

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Front pages(s) of the day: Anarchy in the UK

Front pages(s) of the day: Anarchy in the UK

July 1, 2016

The British press digests an extraordinary day of politics …

Relaxing 457 visa laws will spoil the economic pie

Relaxing 457 visa laws will spoil the economic pie

October 17, 2014 16 Comments

Contrary to the Abbott government's claims, flagged changes to the foreign worker 457 visa program won't be good for the Australian economy.

Iron ore prices are down, down — and it’s going to get a lot worse

Iron ore prices are down, down — and it’s going to get a lot worse

September 4, 2014 5 Comments

The Chinese building boom was unprecedented in scope and swiftness. The bad news? The bust will be of the same magnitude.

Why Australia’s business boffins need to stop worshipping the confidence fairy

Why Australia’s business boffins need to stop worshipping the confidence fairy

August 25, 2014 7 Comments

If Australia's esteemed economics experts are looking for a confidence problem, they shouldn't blame risk-averse businesses. The answer is much closer to home ...

APRA chief John Laker leaves, with questions in his wake

APRA chief John Laker leaves, with questions in his wake

June 30, 2014

John Laker leaves APRA -- and his long reign is heralded by some as a success. But don't forget the role of APRA in allowing a problematic foreign-borrowing before the GFC ...

Smoking out the truth in the <em>Oz</em>‘s plain packaging war

Smoking out the truth in the Oz‘s plain packaging war

June 23, 2014 13 Comments

You can cherry-pick the data to prove the case either way, but it seems The Australian's war on plain packaging is self-defeating in the face of evidence.

The oncoming storm that will smash the mining boom in the Pilbara

The oncoming storm that will smash the mining boom in the Pilbara

June 16, 2014 5 Comments

A confluence of three factors are converging on the Pilbara's iron ore mines. The result will be a once-per-century economic cyclone, and miners better batten down the hatches.

The five waves that could wipe out the Australian economy this year

The five waves that could wipe out the Australian economy this year

May 19, 2014 8 Comments

The waves washing over the Australian economy won't wipe us out in themselves. But the convergence of them this year could flood attempts to refloat the economy.

Iron ore drags down terms of trade for gloomier economic outlook

Iron ore drags down terms of trade for gloomier economic outlook

May 12, 2014 1 Comment

The outlook for Australia's iron ore producers is dour. That drags down our terms of trade, and suggests Joe Hockey's gloomy economic forecasts can be believed.

Rort nation: it’s only a tough budget if you ignore the obvious cuts

Rort nation: it’s only a tough budget if you ignore the obvious cuts

May 5, 2014 10 Comments

There's billions of dollars in Commonwealth funds going to waste in rorts across superannuation, negative gearing and salary packages. So why is that off limits when the government is looking for savings?