Economy

3 August 2016

Cutting Red Tape That Binds Mining

To secure Queensland’s mining future, cutting onerous red tape must be a key reform priority. Given the outlook for economic development in China, India and other developing countries, mining is likely to remain a Queensland mainstay in the years and decades to come. Although renewable energies have a place in future world energy supply, the fact is millionsin the world
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31 July 2016

Cut Green And Red Tape To Drive More Growth In Farming Sector

The release of the new Productivity Commission draft report into the regulation of agriculture confirms that Tasmanian farmers are shackled by costly and unnecessary red tape. The report covered many issues – from the growth of strict environmental laws and rules inhibiting foreign investment to regulation of shipping – and should be used as a ready guide for where governments
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What Is The Meaning Of Andrew Leigh’s Pay Cut?
26 July 2016

What Is The Meaning Of Andrew Leigh’s Pay Cut?

Word is that all Labor MPs have to be a member of a trade union. It is surprising then that Andrew Leigh’s union haven’t been knocking on Bill Shorten’s door. Perhaps they are planning a picket for the first day of parliament. Andrew Leigh has just had to accept a $40,000 pay cut while remaining in the Labor shadow cabinet
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Malcolm Turnbull Is Set On Making Super Another ETS Moment For Himself
15 July 2016

Malcolm Turnbull Is Set On Making Super Another ETS Moment For Himself

In 2009 as the leader of the opposition Malcolm Turnbull supported the introduction of an emissions trading scheme. He maintained his support for an ETS in the face of overwhelming opposition from the grassroots members of his own party, and against the grave concerns of many of his parliamentary colleagues. It did not end well for Turnbull. Seven years later,
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Britian’s First Post-Brexit PM Theresa May Will Be Tested
14 July 2016

Britian’s First Post-Brexit PM Theresa May Will Be Tested

Theresa May is Britain’s new prime minister. Should we “Keep Calm and Carry On” or hit the panic button? The initial reaction from markets and the British political establishment has been a collective sigh of relief. Markets and institutions value certainty of political leadership and they reacted positively when May became PM. May triumphed when the other candidate for the
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Protectionists Do Australia No Favours
8 July 2016

Protectionists Do Australia No Favours

The federal Parliament is now stacked with politicians peddling anti-globalisation agendas contrary to Australia’s interests. The underlying motivations for the Turnbull government to call the 2016 election, refilling the upper house with compliant legislators but maintaining a stable working majority in the lower house, have backfired spectacularly. At the time of writing the government believes it will scrape back into
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Saying You Have A Plan Isn’t Enough To Win An Election
4 July 2016

Saying You Have A Plan Isn’t Enough To Win An Election

It is not enough to say you have a plan for a strong new economy. You actually have to have one. And it has to be simple enough to sell to the average voter. That means cutting taxes, not increasing them; cutting government spending, not increasing it. This is the clear message voters have sent to the Coalition following the
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1 July 2016

The Role Of Entrepreneurs And Government In Australia

Coming from overseas in the 1970s, Australia looked to me like the ‘Land of Missed Opportunities’. Partial liberalisation during the Hawke-Keating era and some further reforms under Howard-Costello let Australian entrepreneurs and citizens realise much of their considerable potential: Australians became winners. Since then, we have suffered wealth-sapping political curtailments of economic freedom. After the 2016 election, overdue and urgent
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1 July 2016

Your Right To Work: The Employment Policy Of A Truly Liberal Government

At its heart, industrial relations law is about people, and their ability to earn an income, support a family and take greater responsibility for their own lives. In other words, employment is not about what we do – but who we are. Through work we build relationships that enrich us, skills which develop us, and ideas that define us. Anything
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What Red Tape Is Really Doing To Australia
28 June 2016

What Red Tape Is Really Doing To Australia

What is red tape really doing to the Australian economy? The IPA’s Darcy Allen explains.
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