13 March 2018

A piecemeal move towards a fairer tax system

Bill Shorten has announced that Labor will abolish cash refunds when investors, such as retirees, who pay little or no tax get dividends from companies that have paid company tax.

13 March 2018

Rise in protest votes sounds warning bell for major parties

Protest politics is on the rise in Australia. At the 2016 federal election, votes for minor parties hit their highest level since 1949. More than one in four Australians voted for someone other than the Liberals, Nationals, ALP or Greens in the Senate, and more than one in eight did likewise for the House of Representatives.

5 March 2018

How to get better value for money from government contracts

More needs to be done to ensure Australians get value for money from government contracts with external providers of goods and services. In this submission, Grattan’s Danielle Wood and Lucy Percival raise several red flags regarding public sector compliance with procurement guidelines, and recommend changes to ensure a more rigorous and consistent approach.

17 December 2017

MYEFO: Prime Minister, please don’t shower us with tax presents

Malcolm Turnbull’s Christmas might come early with today’s release of the Mid-Year Economic and Financial Outlook. Higher-than-expected commodity prices and jobs growth are expected to translate into higher-than-forecast revenues, bringing the government some good news at the end of a testing year.

29 November 2017

Three charts on: poorer Australians bearing the brunt of rising housing costs

Low-income households have always had lower home ownership rates than wealthier households, but the gap has widened in the past decade. The dream of owning a home is fast slipping away for most younger, poorer Australians.

22 November 2017

Making housing more affordable requires answers that address supply and demand

Improving affordability will require policies affecting both demand and supply. Reducing demand – such as by reducing the capital gains tax discount and abolishing negative gearing – would reduce prices somewhat. But in the long term, boosting the supply of housing will have the biggest impact on affordability.

22 November 2017

Young Australians will wear the costs of Turnbull’s middle income tax cut

If the Prime Minister pursues the sugar hit of tax cuts without the difficult work on paying for them, then politics will once again have trumped policy and the economic future of today’s young Australians.

26 October 2017

If we want cheaper housing we have to build more of it: submission to the NSW housing supply inquiry

NSW housing has become increasingly expensive. The NSW Government needs to act decisively to boost the supply of land to make housing more affordable. Increasing housing supply will only restore housing affordability slowly – but without a concerted effort to boost housing supply in Sydney and surrounds, housing affordability in NSW will only get worse.

2 October 2017

Three charts on: the great Australian wealth gap

Australia is becoming wealthier, but much of the increase is concentrated in the hands of older generations. The trend is unmistakable: unless something changes, the young will fall further behind and inequality will get worse.

27 September 2017

Submission to Tax Expenditure Statement Consultation

Tax expenditures are inherently more difficult to measure and observe than government spending. They do not attract the same scrutiny despite their often large budget impact. John Daley and Brendan Coates address three particular issues in response to the Treasury’s Tax Expenditure Statement (TES) Consultation Paper and presents their views on whether and how the TES can be improved.