20 June 2019

Why super is a burden on the budget

Compulsory superannuation saves the government money on pensions — but nowhere near enough to pay for the accompanying tax concessions. Lifting compulsory contributions will make things worse, for a century.

16 May 2019

The Lowest Blow of the Campaign Award goes to… the real estate agents

Don’t be scared by the real estate agents’ dire warnings. Labor’s negative gearing policy won’t raise your rent. And if you’re trying to buy your first home, it just might boost your chances.

14 May 2019

If franking credits and negative gearing didn’t exist, no one would invent them

The reality is that no major party would be able to defend introducing these policies today. And if you can’t make that case, we should worry less about abolishing them.

2 May 2019

The gaping holes in Labor’s 20% pay boost for childcare workers

Fair pay for childcare workers has been a long time coming. But this issue and those workers deserve a better and more detailed policy response than Labor’s headline-grabbing promise.

9 April 2019

Potentially unaffordable, and it still won’t fix bracket creep. The Coalition’s $300 billion tax plan assessed

High-income earners, those in the top fifth of the income distribution, would pay a smaller share of tax under the Coalition’s plan: 65 per cent in 2029-30 compared to 68 per cent today.

5 April 2019

This government is already on course back to deficit

The ultimate fiscal legacy of the Abbott/Turnbull/Morrison government could well be a budget heading back to structural deficit towards the end of the forward estimates. If only they could have been happy with just average.

1 April 2019

Expect a budget that breaks the intergenerational bargain

Working-age Australians, as a group, pay more in taxes than they receive in either benefits or spending. These contributions support older Australians who take a lot more out in spending and pension payments than they contribute in taxes. Today’s working-age Australians expect the generation after them to support them in the same way as they age. But this longstanding intergenerational bargain is under threat.

27 March 2019

Australia’s long-standing generational bargain is under threat

Let’s hope Australians can discuss generational fairness without it descending into generational warfare. Because none of us would want our legacy to be mortgaging our children’s environment and their economic future.

27 March 2019

Treasurer should hold off on budget victory lap

Let’s see whether Josh Frydenberg banks or blows recent windfalls. Because any claim to superior fiscal management that relies on the promise of future fiscal rectitude and economic good luck is on shaky ground indeed.

9 February 2019

Negative gearing changes will affect us all, mostly for the better

For Australians who aspire to a better budget bottom line, a more stable housing market and better opportunities for first home buyers, federal Labor’s proposed changes to negative gearing and the capital gains tax have plenty to find favour.