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.
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.
The Liberal party has two traditions, conservatism and support for free markets. Normally, those movements are allies. But housing policy is an unusual issue on which they diverge.
As the government continues to ponder its next moves on taxation, debate has yet again turned to the issue of …
The Albanese government’s plan to divert children with mild developmental delays out of the NDIS marks the most significant reform to the scheme since its birth.
Surely it was not the 10 supposed reform directions, some of which contradict the others in practice (eg tax reform).
The Economic Reform Roundtable should commit to making Australia an aspirational and enterprise-driven, high-growth nation bursting with investment opportunities.
As we approach the productivity summit to end all summits, the various players have begun to stake out the propositions …
As we get closer to the productivity roundtable that the government hopes will solve all problems, various players are tipping their hand as to what they want the focus to be.
Jim Chalmers’ economic reform roundtable must confront Australia’s entitlement mindset – which governments have fostered.