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Tip from a friend: Australia’s economy is in a slow race to ruin
Sometimes it takes outsiders to say the obvious but unwelcome things: high spending, low growth and red tape are hurting us. Why does Labor fail to see it?
Economics Commentaries
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Why the war on wokeness is actually killing conservatives in Australia
Australian conservatives — however much they might be impressed by the way MAGA has fought back against woke ideas — would do well to understand that a successful movement cannot be defined forever by what it opposes.
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Confessions of an Industrial Relations Club reporter
A half-century on from stagflation, outdated workplace rules and union monopolies remain the biggest barrier to reversing the Australian economy’s slipping productivity and wealth.
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Double the debt and half the fiscal clues
The Labor government’s early surpluses now look like a flash in the pan and the budget is back to a deficit – which is set to deepen.
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A good budget means setting some rules and adhering to them
There is a long history of fiscal rules, but the overall record is patchy, with governments lacking the fortitude to stick to rules when the going got tough.
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Productivity Commission piles in to Labor’s schizophrenic war on big business
Industry Minister Tim Ayres rightly says that Australia is in competition for global capital as he throws taxpayer money at …
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The hard truth: why the government should let this smelter fail
If Tomago meets the criteria for a taxpayer bailout, then so do thousands of other businesses. The government will be back in the business of propping up unviable companies (if it ever really left).
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Here’s how to fix poverty without taxing the rest of us more
The fact is, the more tightly assistance is targeted at those in need, the lower the overall cost to the taxpayers, and correspondingly the greater efficiency (in terms of reducing poverty) you see for every dollar spent.
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Pump the brakes, Hastie. Let me explain how wrong you’ve gotten it
In reality, it was taxpayers and consumers who were being held hostage: by government who funnelled billions of dollars to the car industry, and by big business and big unions who made sweetheart deals to distribute their ill-gotten subsidies.
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Keep raiding our super and you’ll only create a smaller, meaner country
Rumours are swirling that the government may reconsider its superannuation tax changes that will hit those with balances above $3 million with new taxes, including taxing unrealised capital gains. Abandoning this policy change would be the right call: the supporting rationale for it is weak and largely incoherent.