Regulation

Most people agree that some rules are necessary for markets to work. But what rules do we really need? And how can we make sure they do not become too much of a burden on businesses and consumers?

Publications

Youth Unemployment in Australia
Patrick Carvalho
22 November 2015 | Research Report 7

This report looks at quantifying the rising youth unemployment problem, understanding its causes and proposing policy solutions. Youth employment has progressively taken a hit after the Global Financial Crisis, practically doubling since mid-2008. At an average rate of 13.5% in the past 12 months, the…

The Case for a New Australian Settlement: Ruminations of an Inveterate Economist
Wolfgang Kasper
26 June 2015 | OP141

Australia needs a cultural counter-revolution that appeals to the traditional Australian spirit of self-reliance and can-do optimism – a new ‘Australian settlement’ which goes beyond mere economic policy. It should be underpinned by agreed basic understandings across political and social divides: (i) ours is a…

Withholding Dividends: Better ways to make the public sector efficient
Alexander Philipatos
29 May 2014 | T30.10

As the commission of audit has uncovered, the government must make significant cuts to spending to get the budget back into surplus. In the quest to find savings, the government cannot ignore the public service. For almost 25 years the government has turned to the…

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…

Independent Charities, Independent Regulators: The Future of Not-for-Profit Regulation
Helen Andrews
06 February 2014 | IA143

The Australian Charities and Not-for-Profits Commission was established by the Gillard government in 2012 with the intended purpose of cutting the red tape faced by Australia’s charities. So far, the regulator has failed to make any significant progress on this goal or on its two…

Media & Commentary

Shifting winds on free trade
Simon Cowan
22 January 2016 | Ideas@TheCentre

Economists famously disagree on everything; the old joke goes that if you ask five economists for a prediction you’ll get six different answers. About the only thing the profession broadly…

How to eradicate the stealth tax
Robert Carling
18 December 2015 | Ideas@TheCentre

‘Bracket creep’ occurs when the thresholds in a graduated tax scale remain fixed despite inflation and growth in real income, resulting in taxpayers paying a greater share of their income…

MYEFO: Is it an emergency yet?
Simon Cowan
17 December 2015 | Open Forum

In February 2009, Kevin Rudd’s second, fiscal stimulus package brought the total of GFC stimulus to $52.4 billion. Between the headwinds of the GST and the Rudd stimulus strategy it…

Bracket creep is a tax increase by stealth
Michael Potter
16 December 2015 | Sydney Morning Herald

Everyone seems to be worried about how a possible GST increase will affect low and middle income earners. But we should be more worried about the impact of an actual…

MYEFO tax pain is personal
Michael Potter
16 December 2015 | Business Spectator

Are you happy that your taxes are set to go up over the next three years by about $1,500 per taxpayer? Or have you been snowed by all the arguments…