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

Comments on ‘Better Budgeting Discussion Paper’
Robert Carling, Michael Potter
13 April 2017 | CIS Submission

The following comments are offered in response to the call for submissions on the ‘Better Budgeting Discussion Paper’ issued by Jim Chalmers MP in February 2017. The comments represent the views of the authors and not necessarily those of The Centre for Independent Studies.

Real Choice for Ageing Australians: Achieving the Benefits of the Consumer-Directed Aged Care Reforms in the New Economy
Jeremy Sammut
09 April 2017 | RR24

The consumer-directed aged care (CDC) reforms are an important opportunity to showcase the benefits of market-based reforms to often sceptical and change-averse members of the public. Given the broader implications, this report warns that the CDC reforms could fall short of their promise and fail to…

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,…

Media & Commentary

A once healthy plan to deliver more with less now looks doomed
Jeremy Sammut
21 April 2017 | The Australian

Predictions the National Disability Insurance Scheme would become a new leviathan — a massive, unfunded entitlement program to rival Medicare — are proving true. The states are shifting the cost…

Tax Freedom Day
Michael Potter
21 April 2017 | Ideas@TheCentre

Congratulations, we’ve passed Tax Freedom Day. We’re no longer working for the government and have started working for ourselves. It has taken 102 days for Australians to pay off the…

Australia needs to change investment climate for good
Michael Potter
20 April 2017 | Australian Financial Review

Business investment in Australia is weak; built on foundations of straw. It would take a mere huff and puff from a downturn for it all to come tumbling to the…

The impossible job of a modern-day treasurer
Simon Cowan
18 April 2017 | Canberra Times

Being Treasurer is never easy. If politics is the art of the possible, the Treasurer is the one supplying the paint. Do well and the Prime Minister gets all the…

Cuts are not deep enough
Michael Potter
07 April 2017 | Ideas@TheCentre

Australia finally has a corporate tax cut, after almost a year of acrimonious — even painful — debate. Numerous incorrect arguments against a tax cut were wheeled out by the…