Debt

Victoria’s Election Free-for-all
17 November 2022

Victoria’s Election Free-for-all

This article was originally published in The Australian Financial Review on or about 17 November 2022 and was written by the author in their capacity as a contributor for that publication. It has been republished on the IPA website with permission. The views expressed are those of the author alone. Government debt has grown to such an extent that both sides of politics
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Looking Beneath The Veneer Of Victoria’s Economy
1 November 2022

Looking Beneath The Veneer Of Victoria’s Economy

This article was first published in The Epoch Times In this article, Dr Kevin You contextualises and disseminates the findings of the IPA’s research into Victoria’s level of national debt and how that affects Victoria’s economic freedom and prosperity. The IPA has been dedicated to preserving and strengthening the foundations of economic freedom through research and analysis since its inception
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Institute of Public Affairs’ Analysis of the 2022-23 Federal Budget
26 October 2022

Institute of Public Affairs’ Analysis of the 2022-23 Federal Budget

The federal government’s October mini budget gave little indication as to how it seeks to address the key economic issues facing the nation, namely: uncontrollable government spending, skyrocketing debt and stagnating growth. By the middle of the decade, government spending will be locked-in at 27% of gross domestic product, reaching a record high of $729 billion by the 2025-26 financial
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Victoria’s Energy Policies Are A Direct And Devastating Attack On Working Families
20 October 2022

Victoria’s Energy Policies Are A Direct And Devastating Attack On Working Families

“The commitment to end coal-fired power generation in Victoria by 2035 is a direct and devastating economic attack on Victorian working families. It will set off a cost-of-living crisis the likes we have not seen,” said Daniel Wild, Deputy Executive Director of the Institute of Public Affairs. The announcement today by the Victorian Government that it will a pursue a
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Victoria On The Edge – Debt Deficits And Unsustainable Growth
6 October 2022

Victoria On The Edge – Debt Deficits And Unsustainable Growth

Since the goldrush of the 1850s and throughout the bulk of the 20th century, Victoria has been the economic and cultural centre of Australia. Victoria’s vast wealth was generated by an abundance of natural resources, agriculture and the ability for manufacturers to access affordable and reliable energy from the Latrobe Valley. The recession of the early 1990s was followed by
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Victoria’s State Finances Worst In Nation– Every Victorian To Owe $30,000 & Interest Cost To Rise Five-fold
6 October 2022

Victoria’s State Finances Worst In Nation– Every Victorian To Owe $30,000 & Interest Cost To Rise Five-fold

“On all critical financial indicators, Victoria is the nation’s worst performing state by a significant and growing margin, and it will be mainstream Victorians who pay the price,” said Daniel Wild, Deputy Executive Director of the Institute of Public Affairs. Today, the IPA released a key research report, Victoria on the Edge: Debt, Deficits and Unsustainable Growth, which shows of
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Running On Empty
1 September 2022

Running On Empty

This article was originally published in The Spectator Australia. In the article, Daniel Wild contextualises and disseminates the findings of the IPA’s research into Australia’s level of national debt and how that affects Australia’s economic freedom and prosperity. The IPA has been dedicated to preserving and strengthening the foundations of economic freedom through research and analysis since its inception in
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IPA Report: Debt Repayments To Quadruple By 2030
5 August 2022

IPA Report: Debt Repayments To Quadruple By 2030

“The consequences of years of reckless government spending is set to be multiplied as rapidly rising interest rates will cause an explosion to the federal government’s debt repayment obligations,” said Daniel Wild, Deputy Executive Director of the Institute of Public Affairs. A landmark study released today by the IPA, Australia’s Debt Disaster: Estimating Interest Repayments on Federal Government Debt by
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Interest On Australia’s Massive Debt To Cost $64 Billion Per Year By 2030
18 February 2021

Interest On Australia’s Massive Debt To Cost $64 Billion Per Year By 2030

Interest payments on Commonwealth debt could become the third-largest spending item in just 10 years, behind only health and income support for seniors, according to new research from free market think tank the Institute of Public Affairs. The interest payment on debt could consume 7.5% of the Commonwealth Budget and cost $64.1 billion by 2030-31. “High and growing levels of
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This Massive Debt Is With Us Till 2080
9 October 2020

This Massive Debt Is With Us Till 2080

“Insouciance” is a word Australians don’t use very often. Maybe we should. It perfectly describes the popular reaction to this week’s federal budget and the news the country faces more than a trillion dollars of government debt. Australians are also insouciant about the jobs of a quarter of the nation’s workforce now being dependent on wage subsidies from the government.
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