Regulation

Most people agree that some rules are necessary for markets to work. But what rules do we really need? And how can we make sure they do not become too much of a burden on businesses and consumers?

Publications

The Case for a New Australian Settlement: Ruminations of an Inveterate Economist
Wolfgang Kasper
26 June 2015 | OP141

Australia needs a cultural counter-revolution that appeals to the traditional Australian spirit of self-reliance and can-do optimism – a new ‘Australian settlement’ which goes beyond mere economic policy. It should be underpinned by agreed basic understandings across political and social divides: (i) ours is a…

Withholding Dividends: Better ways to make the public sector efficient
Alexander Philipatos
29 May 2014 | T30.10

As the commission of audit has uncovered, the government must make significant cuts to spending to get the budget back into surplus. In the quest to find savings, the government cannot ignore the public service. For almost 25 years the government has turned to the…

Submission to the National Commission of Audit
Alexander Philipatos, Jennifer Buckingham, Jeremy Sammut, Robert Carling, Simon Cowan, Stephen Kirchner, Trisha Jha
01 April 2014 | T30.08

The federal government’s Commission of Audit (CoA) was established in 2013 to review the performance and role of government. This publication is an edited version of the CIS submission to the CoA listing practical solutions aimed at cutting government expenditure. The government should adopt a…

Independent Charities, Independent Regulators: The Future of Not-for-Profit Regulation
Helen Andrews
06 February 2014 | IA143

The Australian Charities and Not-for-Profits Commission was established by the Gillard government in 2012 with the intended purpose of cutting the red tape faced by Australia’s charities. So far, the regulator has failed to make any significant progress on this goal or on its two…

Emergency Budget Repair Kit
Alexander Philipatos, Jennifer Buckingham, Jeremy Sammut, Robert Carling, Simon Cowan, Trisha Jha
21 November 2013 | T30.05

The new Abbott government should address its self-identified budget emergency by cutting wasteful spending now. Reducing government will also help prepare Australia for its future fiscal challenges. There are some simple steps that can move the budget back to surplus in the short term. The…

Media & Commentary

Two cheers for Treasurer
Michael Potter
28 August 2015

On Monday, the Treasurer, Joe Hockey, made a speech arguing that personal taxes should be cut, particularly to address bracket creep (when taxpayers pay a greater proportion of their income…

National Reform Summit good, bad and ugly
Simon Cowan
28 August 2015

On Wednesday, KPMG hosted Australia’s opinion leaders at the National Reform Summit. Trade unions, business leaders, community and interest groups, even the odd think tank researcher, sat down for the…

A GST increase - taking the easy way out
Michael Potter
28 August 2015 | SBS

As a result of the National Reform Summit, there has been increasing support for a rise in the GST to fund a company tax cut. There is much to be…

A costly tax for Australian businesses
Michael Potter
21 August 2015 | Business Spect

Many issues have been raised in all the debate on tax reform. Company tax reform discussions have focused on encouraging foreigners to invest in Australia. But what about addressing disincentives…

Brave new 21 st century
Patrick Carvalho
24 July 2015 | Ideas@TheCentre

The recent advancements in the information and communications technology – in particular the advent of the internet and smartphones – are fundamentally reducing transaction costs and improving production efficiency. And…