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

Politically-Feasible Health Reform: Whatever Will It Take?
Jeremy Sammut, Peta Seaton, Gerald Thomas, Terry Barnes
07 December 2016 | OP153

Despite the ever-escalating cost of health posing severe fiscal sustainability challenges, health reform has been dumped even more firmly in the politically too-hard basket since the ‘Mediscare’ federal election. A politically-feasible reform strategy is required to catalyse much-needed innovation in the health sector and deliver…

MEDI-VATION: ‘Health Innovation Communities’ for Medicare Payment and Service Reform
Jeremy Sammut, Gerald Thomas, Peta Seaton
02 November 2016 | RR21

Health Innovation Communities (HICs) would essentially constitute an Australian ‘Silicon Valley’ for health – hubs for research and development within which the proverbial 1000 flowers will bloom as a plurality of different providers create novel health products and solutions. The good examples and real world…

Fix it or Fail: Why we must cut company tax now
Michael Potter
04 October 2016 | RR20

Australia needs to cut company tax to 25% to boost business investment, which is currently at recessionary levels. An investment boost will grow the economy, leading to increased wages, employment, national income, exports and productivity. Business investment is being hampered by our uncompetitive company tax,…

Submission to Senate Inquiry on Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016
Michael Potter
03 October 2016 | CIS Submission

The submission by CIS Research Fellow Michael Potter provides a detailed case for a reduction in the company tax rate as contained in the Bill. The submission details the uncompetitive nature of Australia’s company tax system, the benefits of the tax cut, and responses to…

Submission to the Senate Inquiry into Enterprise Tax Plan Bill 2016
Michael Potter
30 September 2016 | CIS Submission

The growing company tax burden contrasts with the state of the economy, which is showing some weaknesses and facing substantial risks — as discussed later in this paper. Australia’s company tax system is not well placed to address these risks. The tax rate was 49%…

Media & Commentary

Empty homes tax -- another useless Canadian import?
Michael Potter
09 December 2016 | Ideas@TheCentre

The latest idea to fix high housing costs is a tax on empty homes, which will supposedly encourage people to rent out (or sell) unoccupied properties. This is inspired by…

Unproductive? Go figure…
Rebecca Weisser
09 December 2016 | Ideas@TheCentre

The Federal Government has asked the Productivity Commission to spend 12 months figuring out how to make Australia more productive. If the government or the commission wanted to enhance their…

Civil disobedience ‘shame’ worn with pride
09 December 2016 | Ideas@TheCentre

Anybody doubting the ludicrous level of government meddling in business need look no further than the Workplace Gender Equality Agency. This taxpayer-funded generator of needless red tape requires businesses with…

MEDIA RELEASE: Critique of fiscal stimulus highlights ineffectiveness and costs
Robert Carling
09 December 2016

  A Treasury-released paper critiquing Australia’s fiscal stimulus during the global financial crisis of 2008-09 shows the flaws in the stimulus model, according to the Centre for Independent Studies (CIS).…

Weak economic data a wake-up call
Michael Potter
07 December 2016

The poor economic growth figures released today should be a wake-up call on economic reform, according to the Centre for Independent Studies (CIS). “The economy shrank by 0.5% in the…