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 …
Industry Minister Tim Ayres rightly says that Australia is in competition for global capital as he throws taxpayer money at …
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).
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.
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.