A popular myth is that Australia survived the 2007-08 global financial crisis because our major banks didn’t collapse and a technical recession was never called, but closer inspection reveals...
Free market think tank the Institute of Public Affairs has welcomed the call of the South Australian Liberal Party Room to block South Australia’s disastrous bank levy. “This is a bad tax which...
The primary obligation of the Australian government is to serve the Australian people. This means that policies should only be enacted where they are in Australia’s national interest...
Today, a Senate Inquiry into the Major Bank Levy Bill 2017 was held in Parliament. Executives from the major banks and their associations gave evidence to Senators on a range of issues concerning...
The Government’s proposed levy should be abandoned. It is a tax on all Australians which will increase the cost of buying a house and starting a business, was designed without consultation, and is...
Australia has experienced 26 years of unbroken economic growth, but with little to show for it. Business investment is declining, and wages growth and new business start-ups are at record lows...
Free market think tank the Institute of Public Affairs today released a research brief outlining why the Government should abandon its proposed changes to the banking sector. The brief argues that...
The Government announced major changes to the banking sector in the 2017-18 Budget, including: • A tax of 0.06% on the liabilities of the four major banks plus Macquarie. • Forty per cent of a...
“The bank tax is an unconscionable violation of the Coalition government’s low tax principles. All taxes are paid for by workers, consumers, and shareholders. The bank tax is no...
Red tape costs the Australian economy $176 billion, 11 per cent of GDP, each year in foregone economic output. Similarly, in the US red tape is estimated to cost $2 trillion annually, or 12 per...
Today the Institute of Public Affairs released a new research report, Reducing Red Tape in Australia: ‘One in, Two Out’ Rule. The research found Australia would have 107,885 fewer pages of...
In the darkest days of World War II, military planners considered falling back to protect Australia’s industrial heartland in the south-east, below what became known as the Brisbane Line. Now...
