The Inflection Points Podcast

Policymakers often suffer from a cognitive blind spot: we intuitively think like consumers rather than producers. When it comes to housing, this leads governments to reach for demand-side levers—like First Home Owner Grants—that often inflate prices, rather than addressing the fundamental constraints on production.In this episode of the Inflection Points Podcast, Matthew Maltman, Senior Research Economist at the e61 Institute, joins Jonathan O’Brien to discuss his landmark essay, “Best Practice for Supply Side Reform”. Drawing on the empirical evidence from Auckland’s 2016 Unitary Plan, Maltman explains how broad-based upzoning successfully lowered rents and boosted construction productivity where other measures failed.Matthew and Jonathan unpack Maltman’s three principles for effective reform: focusing on removing "bans" (prohibitions on density) rather than just reducing "burdens" (red tape), prioritising market health over the specific concerns of incumbent firms, and controlling policy inputs while monitoring outputs. Matt argues that while cutting paperwork is popular, it is ultimately ineffective if policies that ban the things we need remain in effect.Read Matthew Maltman’s essay “Best Practice for Supply-Side Reform”:https://inflectionpoints.work/articles/best-practice-for-supply-side-reform

Australia’s housing stock is growing more slowly than its population, and for the first time in decades, we are failing to build enough homes in the places people want to live. The result is a median home price in Sydney that is more than 10 times the median household income.In this episode, Brendan Coates, the Housing and Economic Security Program Director at the Grattan Institute, outlines the findings of their latest report, “More homes, better cities”, arguing that the root cause of the crisis isn't immigration, tax settings, or banking—it's that our planning systems say "no" by default.They discuss how 80% of residential land near Sydney's CBD is restricted to three stories or less, and how removing these bans could unlock hundreds of thousands of new homes. Brendan explains why "gentle density"—allowing three-story townhouses as-of-right—is the key to affordability, better streetscapes, and economic productivity.Read Brendan Coates’ “Planning is the Bottleneck to New Housing”: https://inflectionpoints.work/articles/planning-is-the-bottleneckRead The Grattan Institute’s full report: https://grattan.edu.au/report/more-homes-better-cities/

Every successful Australian tech company follows roughly the same playbook: build the product here, test it in our market, then export it overseas. Atlassian, Canva, Safety Culture—they kept a lot of their engineering and R&D in Australia, while their sales teams conquered international markets. The secret to Australian tech success is to treat it like an export industry. Brandon Sheppard is the COO at Instant and has been in Australian tech since 2012—back when major VC funds didn't exist here and Canva was just being founded. He's lived the reality of building products in Brisbane while competing for talent against companies offering three times the salary in San Francisco.Read the full essay on Inflection Points 

In this podcast episode, we're joined by Jessy Wu, who spent four years on the inside of Australian venture capital, first at NAB Ventures, and then as a partner at AfterWork Ventures. She was part of a team that deployed $20 million into 30 companies, building a community-powered model that challenged how VC traditionally works.And then she left. Not for another fund, not for a bigger partnership, but to build the kind of company that would never be in the mandate of a VC fund—a professional services company in the AI era. Because after years of evaluating whether founders were pursuing their life's work, she realised she wasn't pursuing hers.What follows is a conversation about cognitive bias dressed up as intuition, about the $2 trillion professional services market that VCs typically ignore, about what it costs to speak truth in an industry built on relationships, and about why democratizing venture capital isn't charity—it might just be the key to the next generation of Australian innovation.

After a decade of sluggish growth—the slowest productivity gains in 60 years—Australia faces a fundamental question: how does our nation capture the dynamic potential of the 21st century? How do we build an economy that rewards innovation, enables competition, and creates opportunity for all?This is a conversation with Andrew Leigh about both personal and national productivity.In the first half of this episode, we dive into Andrew’s personal systems and productivity trade-offs, from four-hour sleep experiments to the art of the strategic No. Then, we zoom out to the national challenge: how do we translate individual excellence into collective prosperity?—Andrew Leigh is the current Assistant Minister for Productivity, Competition, Charities and Treasury.