Since 2007-8 – the last time Australia enjoyed a budget surplus and zero net public debt – government spending has increased by 78 per cent. Spending now makes up 25.4 per cent of GDP. By...
Sometimes political parties create their own narratives, and sometimes those narratives are created for them. Right at the moment Bill Shorten’s Labor Party is doing a good job at creating...
Free market think tank the Institute of Public Affairs has today released new analysis based on Australian Bureau of Statistics data, which finds that almost half of Australian workers would be...
The Coalition’s proposed Treasury Laws Amendment (Enterprise Tax Plan No. 2) will reduce corporate taxation from 30% to 25% over 2019-2027 for all businesses.1 This builds on Treasury Laws...
The government has pulled a switfy. They’ve got everyone thinking they are going to cut taxes. They aren’t. Taxes are going up under the government’s income tax plan which passed the Senate...
Australia is has experienced a gigantic fall in entrepreneurship. Between 2003-05 and 2012-14, small business start-ups — as a percentage of all small businesses — declined by 40 per cent. This...
“Today’s decision from the Fair Work Commission rubbishes the Australian Council of Trade Union’s call for a ‘living wage’,” said Aaron Lane, Legal Fellow at free market think tank the Institute...
The hearings of the banking royal commission have, at different times, resembled a cross between the Soviet show trials of the 1930s and the American TV show L.A. Law of the 1980s. All those...
Peter Leeson in a new book explores the rational basis for bizarre cultural practices. How could plunging a person’s arms into a cauldron of boiling water be a relatively accurate indicator of...
If Scott Morrison and Malcolm Turnbull were corporate CEOs, they’d be done for misleading and deceptive conduct. They claim that the 2018-19 Budget will cut taxes. To most people, this would mean...
The budget is littered with titbits mostly designed to garner political support. There’s the targeted, low and middle-income tax offsets which will provide relatively small tax cuts for those...
This article first appeared in the May 2018 IPA Review. PDF version is here. With its push for corporate tax reforms, the Federal government is billing 2018 to be the year of the tax cut, but...
Treasurer Scott Morrison’s budget speech opened with the remark ‘What have you achieved?’ to which the chamber responded with howling laughter. This was the fifth budget of the Coalition...
The IPA’s Simon Breheny and Daniel Wild dissect the 2018 Federal Budget and talk about why they are so disappointed.
When a politician promises to give you something in 10 years, you can bet it’ll never happen. Promised tax cuts in Tuesday night’s Budget won’t match expectations, and a Coalition government —...
IPA Director of Policy, Simon Breheny, and Research Fellow, Daniel Wild, today appeared before the Senate Economics Committee inquiry into the commitments made by the Business Council of Australia...
Below is an extract from the IPAs submission to the Senate Economics References Committee This Senate Inquiry is highly questionable. It refers to an undertaking made by private companies in...
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...
