Economic Policy

The Centre for Independent Studies is guided by the philosophy of free markets and individual responsibility. Our economic policy research centres on ideas that will strengthen Australia’s economy for the future and challenge the reach of big government. With ongoing uncertainty for economies around the world, the CIS’ research into financial and monetary issues is more vital than ever in helping shape public policy.

Continuing economic reform is desperately needed in Australia, and that is why our TARGET30 program seeks to reduce waste in government and in the public sector, and to bring government spending under control.

For more information on our economic research, please proceed to:

Featured Publication

Publications

Cutting income tax: can we add the bacon to the hamburger and milkshake tax cuts?
Robert Carling
15 April 2018 | PP1

The key problems in personal income tax are excessive marginal rates and an increasing overall average tax rate as bracket creep goes unchecked. Political objectives aside, there is a sound economic case for tax cuts. The government should give priority to instituting a system of…

Red tape and Australia’s economic malaise
Michael Potter
07 February 2018 | OP164

Australia is in a period of economic malaise. GDP per person has been growing slowly ever since the GFC. Australia’s performance is mediocre compared to other developed countries; by contrast, we outperformed before the GFC. Household incomes and wages are also growing at slow rates,…

From Reform to Retreat: 30 Years of Australian Fiscal Policy
Robert Carling
10 December 2017 | OP161

Australia entered an era of economic reform in the mid-1980s as policymakers resolved to liberalise the country’s economy and strengthen its public finances. Fiscal reform, which is the subject of this paper, was an important part of the process. These reforms included management of the…

UBI – Universal Basic Income is an Unbelievably Bad Idea
Simon Cowan
05 November 2017 | RR32

The idea of a Universal Basic Income (UBI), paid by the government to its citizens with few restrictions, has been around for a long time. One of the main justifications for introducing a UBI is the impending changes to the labour market as a result…

Media & Commentary

Tax cuts on the nose: Millennials
Charles Jacobs
22 June 2018 | Ideas@TheCentre

As the tax cuts were passed in Parliament, new CIS research suggests that they may not have the backing of one of Australia’s largest group of voters. Indeed, in new…

New CIS Research: Ill-informed Millennials prefer socialism to capitalism
Tom Switzer, Charles Jacobs
20 June 2018 | MEDIA RELEASE

A majority of Australian Millennials have a favourable view of socialism as an ideology, a CIS/YouGov Galaxy poll has found. The number of Millennials who responded they viewed Socialism favourably…

Tax cuts: hamburger, milkshake or three course meal?
Robert Carling
15 June 2018 | Ideas@TheCentre

Anyone following the entrails of the post-budget income tax cut debate would be aware that the government has steadfastly refused to release estimates of annual revenue impacts beyond the forward…

Claims of tax gender bias are absurd
Simon Cowan
09 June 2018 | SYDNEY MORNING HERALD

The sheer absurdity of claims that the Turnbull government’s income tax cuts are gender biased will hopefully represent the apex of the current obsession with redistributive fairness. The fact that…

Minor parties, Major problems
Simon Cowan
08 June 2018 | Ideas@TheCentre

Liberal Democrat’s Senator David Leyonhjelm CIS leadership lunch speech this week revealed the challenges of life on the crossbench. He spoke of the role of minor parties, and his belief…