The Dismal Science The Australian Institute of Company Directors

New Zealand economist Roger Dennis advises boards globally on long-term thinking and foresight. We spoke to him on how directors should think about the seemingly endless proliferation of risks, what he calls the paradox of preparedness, and whether Kiwis, living on the edge of the world, have a unique perspective on risk.
For more of Roger's thinking, visit his website.

The treasurer had a juggling act to perform in this budget: fiscal repair, cost-of-living relief, inflation reduction and productivity growth were all balls to keep in the air. How did he do? Plus, the job market weakens and wage growth falls.

The yen has plunged to a 34 year low requiring the Bank of Japan to spend billions to prop it up. Why are hedge funds attacking the yen? Plus, we preview the budget, higher for longer interest rates in the US and a weak retail sales number.

A Cook's tour of the global economy: we take in the European malaise, the Trump spectre over the US, the China shock 2.0, and a resurgence in migration.

Inflation remains stubborn in Australia, running hotter in the March quarter than economists expected. Is there now a chance that the next rate move might be up again rather than down? Plus, a slight softening in the jobs market and just how much does negative gearing impact property prices?

Industrial policy is making a comeback globally and Australia wants in on the action. Boosting supply chain resilience, accelerating the net zero transition, and mitigating geostrategic risk are touted as key benefits. But does it stack up economically? Plus, new stricter merger rules and more mixed confidence results.