Business

Regulatory Dark Matter – Australia’s Secret Red Tape Crisis
30 September 2019

Regulatory Dark Matter – Australia’s Secret Red Tape Crisis

  Australia has a red tape crisis. And it’s the red tape you can’t see that’s making the problem worse. Kurt Wallace’s new report exposes Regulatory Dark Matter in Australia. Read more here: https://ipa.org.au/publications-ipa/media-releases/reign-in-regulators-to-cut-red-tape
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IPA Welcomes Productivity Commission Review Into Resources Sector Red Tape
5 August 2019

IPA Welcomes Productivity Commission Review Into Resources Sector Red Tape

Free market think tank the Institute of Public Affairs has welcomed the announcement that the Productivity Commission will lead a 12-month review to focus on streamlining regulation in the resources sector. IPA research estimated that red tape costs the Australian economy $176 billion each year in lost economic output, which is approximately 10 per cent of GDP. This makes red tape
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Red Tape Reduction A Way To Prosperity
8 July 2019

Red Tape Reduction A Way To Prosperity

Australia is starting to see bi-partisan economic leadership, with both the federal Coalition government and the WA state Labor government cutting red tape and taxes to unleash prosperity, as President Trump has done in the United States. One week ago, Prime Minister Scott Morrison announced at an event with the WA Chamber of Commerce and Industry in Perth that the
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29 June 2018

A Class Divide That’s Too Wide

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 the Coalition government’s narrative. This week’s announcement by the Labor Party that if it wins government the reductions in the corporate tax rate for companies with a turnover of more
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Half Of Australian Workers Worse Off Under Shorten Company Tax Thought Bubble
28 June 2018

Half Of Australian Workers Worse Off Under Shorten Company Tax Thought Bubble

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 worse off under Labor’s plans to increase company taxes. Bill Shorten this week announced he would reverse legislated company tax cuts for businesses between $10-$50 million turnover. The data
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A Banking Royal Commission By Show Trial
1 June 2018

A Banking Royal Commission By Show Trial

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 Turnbull government ministers who opposed a royal commission into the banks – on the grounds that policy should be made after careful and sober consideration and not as a
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How British Columbia Defeated Red Tape – And How We Can Too
20 March 2018

How British Columbia Defeated Red Tape – And How We Can Too

Gideon Rozner explains how British Columbia deregulated its way to a better economy and higher individual wages, and how Australia could do the same
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Stick To Being The Prophets Of Profit
9 March 2018

Stick To Being The Prophets Of Profit

When companies get religion on the “social purpose” of business, they are only going to end up looking bad. If business isn’t careful it will go the way of Christianity. Of course Christianity still exists and people still attend church on Sunday, but the Christian voice in public debate in Australia is now either ignored or non-existent It’s difficult to
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Australia’s Entrepreneurship Crisis and Three Ways To Fix It
1 March 2018

Australia’s Entrepreneurship Crisis and Three Ways To Fix It

Red tape is holding back our entrepreneurs and threatening our economic prosperity, new IPA research has found. Nine of Australia’s top ten largest companies were founded before 1925; by contrast, 88 per cent of the United States’ top 500 firms did not exist fifty years ago. Newer businesses, by injecting innovative ideas and challenging outdated methods, deliver increased productivity, raise
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Sorry Newsweek, The IPA Has Clicks AND Content
1 March 2018

Sorry Newsweek, The IPA Has Clicks AND Content

Red tape and high taxes make it too hard to start a business in Australia. Had business creation continued at pre-GFC levels, there would be 250,000 more businesses in Australia today: That’s from ABS statistics released last week. Read Matthew Lesh’s Parliamentary Research Briefsent to federal politicians this afternoon on this very important subject. Peter Gregory and I had the honour of having North Korean defector Eunhee Park on The Young
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