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

Sports and the Nanny State
Simon Cowan
20 January 2017 | Ideas@TheCentre

It’s Australian Open time again. We are halfway through the cycle: we’ve had the articles about whether or not we hate our local tennis brats, and the absurd optimism after…

Welcome to economic reality, Mr President
Robert Carling
20 January 2017 | Ideas@TheCentre

How fast can the US economy grow? There is a lot riding on the answer, not just for Americans themselves but for the global economy too. During the recent election…

How a week is not a long time in the public service
Rebecca Weisser
17 January 2017 | The Australian

At last, some good news!   Daunted by the ballooning deficit and determined to end the age of entitlement, the government has cut ministerial salaries by 20 percent.  The bad news?…

Good news seen as sign of problem
Michael Potter
13 January 2017 | Ideas@TheCentre

Former Labor Treasurer Wayne Swan found the publication of the 2016 OECD Better Life Index late last year to be a great disappointment, saying that it ‘shows why we must…

Fat cats even better fed
Rebecca Weisser
13 January 2017 | Ideas@TheCentre

While most of us were tucking into leftover Christmas pudding, the Department of Foreign Affairs and Trade was tucking into taxpayers’ pockets. With evident thoughtfulness about the timing, it slipped…