Sinclair Davidson

Adjunct Fellow

Only A Flesh Wound
11 May 2018

Only A Flesh Wound

Howls of outrage from the ABC and its fans on social media over the most mild of cuts to the broadcaster’s budget ignore the fact of an institution that has drifted far away from its charter’s demands for objectivity. Judging by the howls of outrage echoing through twitter it seems that the Turnbull government has destroyed our democracy, if not
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Why It Would Be Wrong Not To Cut Company Tax
24 April 2018

Why It Would Be Wrong Not To Cut Company Tax

Writing in these pages Professor Peter Swan AO has forwarded several arguments against the federal government’s proposed company tax rate changes. While he is a giant of the profession and a treasure to the nation, I hope he has made a rare error. Professor Swan suggests the government modelling in favour of the company tax rate cuts is entirely flawed. Undoubtedly, based on
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Labor’s Tax Plan Is A Raid On Every Australian’s Super Fund
16 March 2018

Labor’s Tax Plan Is A Raid On Every Australian’s Super Fund

The next federal election campaign got under way this week. It looks like debt, deficit, and taxation will dominate our lives for the next year or so. Not nearly as exciting as citizenship and sex scandals, but ultimately more important to the long-term prosperity of the nation. The differences are quite clear and stark. The coalition government is arguing, from
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Ask The States Why Money Isn’t Spent On Schools
6 March 2018

Ask The States Why Money Isn’t Spent On Schools

It’s almost budget time. That means that every rent-seeker in the country is off to Canberra with their begging bowl: Please Mr Morrison can we have some more? To be fair to Morrison there are an infinite number of worthy causes calling out for increased expenditure. Take national security, for example. We live in a dangerous world where any number
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The Blockchain Revolution
1 December 2017

The Blockchain Revolution

Economists explain the far-reaching implications of blockchain technology on society and on how we are governed. A blockchain is a digital, decentralised, distributed ledger. This year saw a meteoric rise in interest in cryptocurrencies and the blockchain technologies that power them. Even the government is now interested. There’s now a Commonwealth Parliamentary Friends of Blockchain group, and one blockchain energy
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Why Tax Cuts Without Economic Leadership Won’t Work
22 November 2017

Why Tax Cuts Without Economic Leadership Won’t Work

Australians haven’t seen any serious tax reform since the 2007 general election. On the first day of that election campaign the then Howard government announced serious tax cuts; quickly matched by the Rudd opposition. Some of those tax cuts were “aspirational” and never implemented. Since then changes to the tax system have constituted fiddling at the edges. The Gillard government
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The Problem With Nobel Laureate Richard Thaler’s Nudgonomics
12 October 2017

The Problem With Nobel Laureate Richard Thaler’s Nudgonomics

Economists have spent the last 240 years – ever since Adam Smith published The Wealth of Nations – trying to understand how decentralised economies work. In that time they have established that the price mechanism does a pretty good job of coordinating economic activity, and that profits provide excellent incentives to stimulate human action. In the course of understanding how economies operate,
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Default on Debt Conversation
1 October 2017

Default on Debt Conversation

The debt debate is over with the political class, writes Professor Sinclair Davidson. Recently on The Bolt Report Michael Kroger—former IPA director and now Victorian Liberal Party president—made the point that it was a great pity that the argument on deficit and debt had been lost. The loss of the deficit and debt argument is a tragedy on many levels—not least
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Australia Is Not An Unequal Society – And The Politics Of Envy Hurt It
26 July 2017

Australia Is Not An Unequal Society – And The Politics Of Envy Hurt It

Sigh. Yet another round of debate on “inequality”. Yesterday Richard Denniss was warning us that even those “lefties” at the IMF thought inequality could be a drag on growth. Indeed – they do. In developing countries extreme levels of inequality often lead to political and social unrest. We in Australia don’t have too much to worry about on that front.
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SA Bank Levy Has Already Caused Harm To The South Australian Economy
7 July 2017

SA Bank Levy Has Already Caused Harm To The South Australian Economy

A new report released today by the Institute of Public Affairs, has found that the South Australian Bank Levy has already damaged the investment reputation of South Australia, despite not yet being put to Parliament. The Report The South Australia Major Bank Levy: Arbitrary, unjustified, and harmful for South Australia and the rest of the country, by Dr Chris Berg
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