APN Deconstruction Ep. 11: The Housing Trap and the Money Myth
Steve Keen argues modern economics is broken. We deconstruct how banks create money out of thin air and how this "money myth" turned the Australian housing market into a debt trap.
The Australian Gas Sector: An Analysis of a $96 Billion Windfall and its Structural Economic Consequences
Australia has engineered a catastrophic policy failure: selling off 22 years of domestic gas supply to generate a $96 billion corporate windfall that yielded zero public tax revenue. This is the "Wealth Funnel" in its purest form, privatising profit while...
Checkmate: The RBA’s Forced Admission and the Dawn of Australia’s Housing Stagflation
The RBA’s decision to hold rates wasn't a pause; it was a confession of policy failure. We have entered a "stagflation trap" where monetary policy is now stifling the very supply needed to cure inflation, locking the development sector in...
RBA Policy Failure Confirmed: ‘Wealth Funnel’ Inflation Forces End of Easing Cycle, Trapping Developers
The Reserve Bank of Australia's 2025 easing cycle is officially over, forced to a halt by the very inflation it helped create. APN analysis shows this policy inflection validates The Wealth Funnel as a key inflationary driver and locks in...
RBA Confirms Housing-Led Inflation Trap, Forcing ‘Higher-for-Longer’ Stance Until H2 2026
APN analysis confirms the RBA is in a self-made inflation trap. Its Nov 2025 SMP validates the "Project Overlord" feedback loop: policy easing fuelled a housing boom, which is now driving "new dwelling inflation." This forces the RBA into a...
RBA Policy Inflection: Wealth Funnel Failure Forces End to Easing Cycle Amid Stagflation Risk
The RBA's November 4 hold at 3.60% is a forced policy inflection, terminating the 2025 easing cycle. APN analysis confirms this pivot was forced by the RBA's own rate cuts fuelling housing inflation, a direct validation of The Wealth Funnel...
The Inflation Stalemate: Deconstructing the RBA’s “Higher for Longer” Base Case
With annual headline inflation falling but core services inflation remaining stubbornly high at ~3.7%-3.9%, the RBA is trapped in an inflation stalemate. This APN Strategic Briefing deconstructs why the market consensus for a rate cut has been pushed out to...
