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

Report Card on State Finances
Robert Carling
19 February 2017 | RR23

The Commonwealth government’s perilous financial position is well known, but the finances of state government also warrant our attention. In aggregate, since plunging heavily into deficit after 2007, the states’ fiscal position has improved markedly in recent years, marked by a return to net operating…

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…

Media & Commentary

Do you have a right to a good job?
Simon Cowan
24 February 2017 | Ideas@TheCentre

Advocates for a universal basic income (UBI) often cite automation and the rise of part-time and casual work as a reason to massively expand the welfare state by making unconditional…

When 50 per cent off is no bargain
Robert Carling
22 February 2017 | The Spectator: Flat White

Reducing the 50% capital gains tax discount is one of a welter of tax ideas to receive attention in the week since Treasurer Scott Morrison flagged tax increases as an…

US Republican Tax Plan: The Potentially Dire Impact on US Retailing
Michael Potter
21 February 2017 | Tax and Transfer Policy Institute

The US Republican party is proposing substantial changes to the US corporate tax system, which President Donald Trump supports with some reservations. The headline change is a slashing of the…

State spending report card: As good as it gets for NSW and bad news for WA
Robert Carling
21 February 2017 | Australian Financial Review

Budget season has arrived, with all its speculation and anticipation leading up to a date in May. But let’s not forget as well as the federal budget there is a…

Report Card on state finances
Robert Carling
19 February 2017 | Media Release

If the states were a school class being marked on fiscal discipline and frugal government, Western Australia would lag the cohort with a C-, South Australia and Tasmania would score…