Finance, Banking, Monetary Systems

Our research explains and advocates why a sound financial and monetary system is critical for economic prosperity.



Principles and recommendations for tax reform - CIS submission National Reform Summit
Simon Cowan, Robert Carling, Henry Ergas
27 August 2015 | CIS Submission

The slant towards cutting taxes before 2010 was welcome, but for such an approach to return in the foreseeable future, the growth of government spending will have to be curbed and the size of government as a share of GDP reduced. Although tax reform may…

Submission to the National Commission of Audit
Alexander Philipatos, Jennifer Buckingham, Jeremy Sammut, Robert Carling, Simon Cowan, Stephen Kirchner, Trisha Jha
01 April 2014 | T30.08

The federal government’s Commission of Audit (CoA) was established in 2013 to review the performance and role of government. This publication is an edited version of the CIS submission to the CoA listing practical solutions aimed at cutting government expenditure. The government should adopt a…

TARGET30: Reducing the burden for future generations
David Murray, Maurice Newman, Simon Cowan
01 July 2013 | PF25

TARGET30 is a campaign promoting smaller government and cutting government spending to less than 30% of GDP in the next 10 years. This collection of speeches presented at the campaign’s launch focuses on ensuring that the crucial services Australians need are delivered efficiently and effectively…

Australia’s Future Fiscal Shock
Robert Carling
28 September 2012 | IA134

Australia’s Future Fiscal Shock. Robert Carling is a Senior Fellow at the Centre for Independent Studies.

The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments
Eamonn Butler
12 June 2012 | OP126

Adam Smith’s The Wealth of Nations is one of the most important books ever written. Smith recognised that economic specialisation and cooperation was the key to improving living standards. He shattered old ways of thinking about trade, commerce and public policy, and led to the…

Media & Commentary

The year of dumb tax ideas
Robert Carling
16 December 2016 | Ideas@TheCentre

There have always been dumb tax ideas, but 2016 has been a standout year for them. Governments and tax advocates seem more eager than ever to reach for the tax…

Stop begging, Queensland
Rebecca Weisser
16 December 2016 | Ideas@TheCentre

Queensland Premier Annastacia Palaszczuk had her begging bowl out at COAG last week, panhandling for billions from federal taxpayers to kickstart the Queensland economy. Palaszczuk’s pockets are empty because she…

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).…

Welfare: why not both?
Simon Cowan
04 November 2016 | Ideas@TheCentre

Now we are a week on from the fallout over paid parental leave, and the government is consumed by other disasters, we can put the issue in its proper context.…

Humbugging our way to damnation
Theodore Dalrymple
22 April 2016 | Ideas@TheCentre

Prominent billboard advertisements for a large and important Australasian bank perfectly illustrate and exemplify the besetting sin of contemporary intellectual and political life: humbug. The advertisements suggest that the bank…