Latest News and Opinion

11 April 2017

Company tax, investment and revenue

Australian business investment remains subdued. And while a company tax cut would increase investment, alternatives to a tax cut may have less budget impact, suggest Productivity Growth Director Jim Minifie and Fellow Cameron Chisolm in a presentation at the Melbourne Economic Forum on 11 April 2017.

31 March 2017

Different drugs, same benefits

Tomorrow’s drug price reductions are good news, but more can be done to control spending on pharmaceuticals. We need always to be on the lookout for chances to avoid unnecessary spending, rather than simply accepting whatever discounts we can wheedle out of drug manufacturers.

29 March 2017

Myth busting claims on the impact of the company tax cut

In the drawn-out debate on the value of a company tax cut to our economy, there have been a number of claims. Many of these claims are misleading or overblown. But the government still needs to make the case that the company tax cut is prudent after a decade of deficits.

29 March 2017

How the Productivity Commission can shake up super

The Productivity Commission has released its draft report on alternative models for the half-trillion dollar default part of the superannuation sector. The report is off to a good start, but it must ensure its final report gives appropriate and comprehensive guidance to policymakers.

22 March 2017

The latest ideas to use super to buy homes are still bad ideas

Treasurer Scott Morrison wants to use the May budget to ease growing community anxiety about housing affordability. Reports that the government was again considering using superannuation to help first homebuyers won’t inspire confidence.

20 March 2017

Women are dropping out of economics, which means men are running our economy

The dearth of women in leadership positions raises a red flag for the quality of Australia’s economic decision-making. Too many “like” individuals reduces the range of perspectives informing decisions. It also means wasted talent: if you bench half your potential team then the one that takes to the field is probably not your strongest.

20 March 2017

Bush may not like it but our cities must come first

Each day seems to bring a new advocate for more spending in our regions. The idea seems to be to stop the “unhealthy” growth of our capital cities and prevent a US-style geographic divide between the haves in the big smoke and the have-nots in the bush. But plucking infrastructure projects off some wish list is a reckless use of public money

20 March 2017

Value capture: a good idea to fund infrastructure but not easy in practice

Is “value capture” a wonderful untapped opportunity to fulfill all our infrastructure dreams? Or is it just a new way to sting the taxpayer? Our new report casts a cold, hard gaze over value capture, and finds that it’s a good tax in theory, but will prove very hard to put into practice.

17 March 2017

Poor behaviour in class is not acceptable but zero tolerance is not the answer

The promise of “zero tolerance” from federal education minister Simon Birmingham is well meaning but can do more damage than good. Poor behaviour in class is not acceptable but zero tolerance is not the answer.

17 March 2017

Labor charts a health policy rethink

The Labor Party has released a summary of the proceedings of its ‘National Health Policy Summit’. Trouble is, the ‘communique’, while summarising the views of the quite diverse range of participants, gives no clear indication of where Labor might be heading.

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