Government spending and inflation
In a nutshell… Introduction That government expenditure in Australia has grown apace in recent years is well-known. The growth …
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Business Means Business. Why Corporates Should Avoid Social Activism
Introduction A number of recent events, including most notably the plebiscite on same sex marriage in 2017 and the Voice …
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Budget Fails Important Policy Tests
The media like to report federal budgets in terms of lists of winners and losers, with the unstated assumption that …
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From Measuring to Merely Meeting: Productivity Commission misses mark on Closing the Gap
Introduction Why, despite decades of expenditure on Aboriginal affairs, do solutions to ‘Closing the Gap’ in life outcomes for Indigenous …
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Submission to the inquiry into the Better Targeted Superannuation Concessions and Other Measures Bill
The Centre for Independent Studies (CIS) welcomes the opportunity to provide a submission to the Senate Economics Legislation Committee in …
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Impact of a Shadow Carbon Price on our Electricity Bills
Executive summary The federal, state and territory Energy Ministers have introduced a shadow carbon price for the national electricity market. …
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The six fundamental flaws underpinning the energy transition
Executive summary The Australian Government wants to transition our electricity system to net zero carbon emissions by relying on wind …
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Submission to the Inquiry into the Transport Oriented Development Program
Submission to the Inquiry into the Transport Oriented Development Program The Centre for Independent Studies (CIS) appreciates the opportunity …
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The Truth About The Tax Burden
Introduction As the end of the Australian financial year approaches, thoughts often turn to taxation and how to minimise it …
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Bracket Creep: Raiding our wallets
Executive summary Much of the commentary surrounding the Coalition government’s three-stage Personal Income Tax Plan (PITP) — as originally legislated …
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Negative gearing barely affects the price of houses in the market
As a rule, if you tax something more you will end up with less of it. This is a well-worn …
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The fundamental problem with government’s housing reforms
The government has dialled up the rhetoric about its housing reforms being blocked by the Senate, but the primary effect …
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Government spending needs reform before taxes
I would like a dollar for every time I’ve read how much the Australian economy needs tax reform. Sure, it …
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Facts are smashing the government, not the RBA
The government’s low-key campaign to influence RBA decisions on interest rates flared into open conflict this week. The Treasurer vented …
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There are two ways to lift our living standards. Coasting isn’t one of them
News this week that the iron ore price has fallen to the lowest level in several years has economic commentators worried.
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Déjà voodoo economics
Ah, politics—the ancient and mystical art of convincing people that 2 + 2 can, in fact, equal 5 if you just believe hard enough.
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Just how independent is the Reserve Bank?
It will be interesting to see whether the RBA’s paralysis will be successful in taming inflation. It doesn’t have a …
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The unfortunate rise of ‘stakeholder capitalism’
The bitterness that has infected the US presidential race has not declined since the Democratic party swapped Joe Biden for …
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Coalition’s half-baked supermarket policies will have you paying more
Last week the Coalition announced they would introduce “sector-specific divestiture powers as a last resort to manage supermarket behaviour and …
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Tax cuts + inflation = 80% of Aussies worse off by end of decade
The contrast between this week’s high inflation figures with the long-awaited commencement of the Stage 3 tax cuts shows how …
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Government spending and inflation explained | Emilie Dye
Government is shooting itself in the foot when it comes to inflation. While the RBA works to lower inflation by …
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The simple solution to FIX the housing crisis | Emilie Dye
What is behind the housing crisis in Australia and across the world? Research Analyst Emilie Dye, drawing on the work …
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How to tackle Australia’s housing crisis one state at a time | NSW Treasurer Daniel Mookhey
Sydney is home to some of the least affordable housing in the world, placing immense pressure particularly on young people …
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Has Easy Money Destroyed the Free Market? | Ruchir Sharma
Watch as Tom Switzer sits down with renowned financial analyst, commentator, and investor Ruchir Sharma for a thought-provoking discussion on …
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The NDIS is out of control | John Kehoe
The Australian economy has performed better than most economists predicted a year ago. However, probe deeper and things look disturbing. …
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Will economic growth destroy the planet?
Will economic growth destroy the planet? The debate over whether economic growth will ultimately lead to the destruction of the …
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Decoding Science: Navigating Imperfections, Truths, and Challenges in COVID
CIS welcomed Matt Ridley for a thought-provoking discussion on the critical role of Government in shaping climate, health, and energy …
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Bracket Creep Explained: The hidden tax cutting into your earnings
Bracket Creep Explained: The hidden tax cutting into your earnings. Bracket creep chips away at living standards, especially those of …
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Free to Grow: Unlocking Economic Prosperity
On Tuesday, 26 September CIS hosted a special evening featuring Professor John Cochrane for a lecture and conversation with economist …
Frequently Asked Questions
The Reserve Bank of Australia’s (RBA) structure makes mistakes likely. It concentrates responsibility on one fallible individual, the Governor, answerable to a Board of non-experts, with little requirement to explain or defend decisions in detail. Arguments are subject to little scrutiny, either internally or externally. More fundamentally, the RBA has a culture that places a low priority on getting the answers right. As a result, mistakes are frequent, persistent and costly. Among several examples, the RBA recently placed higher priority on stabilising household debt than on its conventional goals of unemployment and inflation. Previously, it targeted the current account deficit. Read more ...
Inflation is rising around the world, the sting in the tail of the pandemic economic stimulus packages unleashed by governments in 2020. The narrative thus far is that this inflation spike is transitory, even if a little more persistent than first thought. It is expected to moderate as consumer price pressures ease and markets rebalance after the large positive demand shock and surge in consumer spending of the past 18 months. Read more ...