Tax

The aim of the research at the CIS is to work towards an efficient and predictable tax system that does not impose too great a burden on the economy.

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…

Fiscal Fiction: The Real Medicare Levy
Jeremy Sammut
07 May 2017 | RR27

The Medicare Levy is, and always has been, a fiscal fiction. The revenue raised by the levy is not ‘hypothecated’ – dedicated specifically to fund Medicare – but goes into general government revenue. Moreover, the amount of revenue raised by the levy accounts for a…

Reforming Social Housing: financing and tenant autonomy
Michael Potter
27 April 2017 | RR25

Around 400,000 Australians live in social housing, which includes public and community housing. This sector is ripe for reform, with many public housing dwellings failing adequacy standards, numerous tenants are dissatisfied and live in housing that is too small or too large for their needs.…

Submission to Senate Economics Committee Inquiry into Corporate Tax Avoidance
Michael Potter
19 April 2017 | CIS Submission

Corporate tax avoidance is an issue of some concern to the Australian community. However, many assertions made in the debate about tax avoidance are not supported by evidence; such as statements that company tax avoidance is widespread. Instead, the evidence shows that company tax revenue…

Report Card on State Finances
Robert Carling
19 February 2017 | RR23

The Commonwealth government’s perilous financial position is well known, but the finances of state government also warrant our attention. In aggregate, since plunging heavily into deficit after 2007, the states’ fiscal position has improved markedly in recent years, marked by a return to net operating…

Media & Commentary

Federalism key to saving states from Medicare
Jeremy Sammut, David Gadiel
21 July 2017 | Ideas@TheCentre

If you thought the Gonski and NDIS ‘funding gaps’ were problems, the cost of schools and disability services pales by comparison to the future cost of Medicare. Health funding remains…

Investors not to blame for rise in renters
Michael Potter
21 July 2017 | Ideas@TheCentre

The release of the latest Census figures has shown home ownership is down, and (unsurprisingly) investors are being blamed, particularly the negative gearing ‘tax concession’ for investors. Well not so…

Fiscally fixing health and Medicare means state income taxes
David Gadiel, Jeremy Sammut
17 July 2017 | AUSTRALIAN FINANCIAL REVIEW

The old business adage warns there is no such thing as a free lunch. And the same applies when it comes to health policy: the notion we can make Australia’s…

Why we'll all pay for South Australia's bank heist.
Michael Potter
12 July 2017 | THE SPECTATOR - FLAT WHITE

The South Australia state parliament is in recess for a fortnight. It’s time for Premier Jay Weatherill and his bullish Treasurer, Tom Koutsantonis, to decide if they’ll continue to try…

Innovation agenda goes missing
07 July 2017 | Ideas@TheCentre

Motherhood statements and mantras are all very well, but they need to be followed up with effective policy. The government’s ‘innovative and agile’ agenda was, and still is, a farce.…