Finance, Banking, Monetary Systems

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

 

Publications

The Major Bank Levy: We’re all going to be hit
Michael Potter
19 June 2017 | RR29

The major bank levy was proposed in the 2017–18 Budget. The levy has numerous flaws including: The costs of the levy will likely be passed on as higher interest rates for mortgages and business loans, harming households and business investment which is very weak. The…

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.

Media & Commentary

Airport regulation calls take off
Charles Jacobs
14 September 2018 | Ideas@TheCentre

Airlines’ ongoing calls for greater government regulation of airport fees ignore many of the benefits these levies can bring to both themselves and their passengers. Airlines for Australia and New…

Buying votes easier than selling good policies
Robert Carling
07 September 2018 | Ideas@TheCentre

Does the nature of a democracy change when an increasing majority of its voters receive net benefits from, or are employed by, government — while a diminishing minority shoulders the…

Why you can’t afford childcare
Eugenie Joseph
31 August 2018 | Ideas@TheCentre

Childcare is becoming less affordable in Australia, despite billions of dollars in public subsidies — and it is largely due to increasingly stringent regulation. The regulation of childcare under the…

The storm in the inequality teacup
Robert Carling
31 August 2018 | Ideas@TheCentre

The idea that economic inequality is a problem — and an increasing one — demanding public policy remedies has taken root in Australian political and policy debates. But there is…

Everything falls before politics
Simon Cowan
24 August 2018 | Ideas@TheCentre

Big businesses in Australia will not be getting their small tax cuts eight years in the future. That money will instead be ‘invested’ in health and education, along with any…