The End of Monetary Policy?
Monetary policy is not the answer to our economic problems; and central bank actions could be making matters worse. This …
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A Fiscal Vaccine for COVID-19
The fiscal response to the Covid-19 crisis ensures that the federal and state governments will experience large budget deficits and …
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Millennials and Super: the case for voluntary superannuation
Superannuation is not a good deal for everyone. As a result of house prices increases, it has become much harder …
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I, Mechanical Pencil: Why a socialist economy can never work
Socialism brings poverty and oppression. The ignorance of so many as to why only a market economy is capable of …
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The Major Bank Levy: We’re all going to be hit
The major bank levy was proposed in the 2017–18 Budget. The levy has numerous flaws including: The costs of the …
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Principles and recommendations for tax reform – CIS submission National Reform Summit
The slant towards cutting taxes before 2010 was welcome, but for such an approach to return in the foreseeable future, …
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Submission to the National Commission of Audit
The federal government’s Commission of Audit (CoA) was established in 2013 to review the performance and role of government. This …
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TARGET30: Reducing the burden for future generations
TARGET30 is a campaign promoting smaller government and cutting government spending to less than 30% of GDP in the next …
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Australia’s Future Fiscal Shock
Australia’s Future Fiscal Shock. Robert Carling is a Senior Fellow at the Centre for Independent Studies.
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The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments
Adam Smith’s The Wealth of Nations is one of the most important books ever written. Smith recognised that economic specialisation …
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How to reverse Whitlam-sized growth in government
The day before news broke that inflation had surged to 5 per cent, the Australian Bureau of Statistics reported that …
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Wages growth boost would boost government’s election hopes
This week, the Reserve Bank increased interest rates by 0.25%. This comes in response to last week’s ABS figures that …
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RBA needs to do more to boost economy
Last week the Reserve Bank of Australia cut interest rates to zero and said it would pump an extra $100 …
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Why the price of cheap money will always be too high
Next Tuesday, the Reserve Bank of Australia is expected to reduce the cash rate to another record low. Monetary policy in …
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Increasing JobSeeker not an open and shut case
Should there be a permanent increase in unemployment benefit (now called JobSeeker)? There is widespread support for it, but is …
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Note from Tom Switzer
We’re only a few weeks into the coronavirus crisis, and already our intellectual opponents are arguing that the coming recession …
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Truth is, not all tax cuts are created equal
TREASURY’S flawed tax model has caused the government to underestimate the benefits and overestimate the budget cost of their long-term …
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ASIC v Westpac
The recent furore about Justice Perram’s remarks that “borrowers ditch wagyu steaks and shiraz for cheaper food” to meet loan …
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Whither structural economic reform?
Australia’s vaunted economic miracle is looking a bit ragged after another sluggish quarter. There is still growth, but barely enough …
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Interest rate myths
With last week’s cut, Australia’s cash rate has fallen to its lowest level in decades, possibly longer. Along with the …