finance

A Little Help For Ailing Economy
17 November 2023

A Little Help For Ailing Economy

Australia’s success in the pool and on the track at the Sydney 2000 Olympics was only surpassed by our rapidly growing economy, which was the envy of the world. During this period, our economy was fuelled by the hard-won gains of economic reforms including tax cuts, deregulation and policies to support small business. Together these delivered a boom time. Now,
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Parliamentary Research Brief – Australia’s Economic Competitiveness In Continuing Decline
13 November 2023

Parliamentary Research Brief – Australia’s Economic Competitiveness In Continuing Decline

In the 2000s, Australia consistently ranked as one of the most competitive economies in the world. But in recent years, Australia’s economic competitiveness has fallen behind. The International Institute for Management Development (IMD) published its latest World Competitiveness Ranking in June 2023. The Ranking is a comparative assessment of 64 of the world’s major economies, published annually in the IMD’s
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Australia’s Economic Competitiveness Plummets
13 November 2023

Australia’s Economic Competitiveness Plummets

“The sharp decline of Australia’s economic competitiveness on almost every economic measure is alarming, and underscores the precarious state of the national economy, which faces increasing inflation and debt challenges,” said Dr Kevin You, Senior Fellow at the Institute of Public Affairs. Today, the IPA released the first long-run analysis of benchmark indicators of competitiveness, as assessed by the International
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IPA Submission To The Senate Finance And Public Administration References Committee Inquiry Into The Administration Of The Referendum Into An Aboriginal And Torres Strait Islander Voice
24 April 2023

IPA Submission To The Senate Finance And Public Administration References Committee Inquiry Into The Administration Of The Referendum Into An Aboriginal And Torres Strait Islander Voice

Dear Secretary IPA Submission to the Senate Finance and Public Administration References Committee inquiry into the Administration of the referendum into an Aboriginal and Torres Strait Islander Voice This submission has been prepared to share IPA research and analysis with the Senate Finance and Public Administration References Committee as it conducts its inquiry into the administration of the referendum into
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The Cut That Dare Not Speak Its Name
17 February 2022

The Cut That Dare Not Speak Its Name

Recent calls for Scott Morrison to commit to tax reform are well made. But given his and his government’s track record, it might be best to leave the task to someone else. Given how the PM somehow allowed his efforts at ensuring religious freedom to turn into a debate about whether schools can expel students who are gay, it can only be
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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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The Reserve Bank’s Great Gamble On Interest Rates
19 October 2020

The Reserve Bank’s Great Gamble On Interest Rates

The fiscal path outlined in the federal budget will constrain monetary policy and undermine the stability of the Australian economy. The Reserve Bank of Australia will be forced to pursue expansionary monetary policy that will leave it impotent in the event of future economic headwinds.   The RBA’s decade-long experiment with record low interest rates has created an economy that is dependent on low
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Brace for European Financial Armageddon
30 March 2020

Brace for European Financial Armageddon

The Euro was heading for a crisis wrote Oliver Hartwich in the August 2019 of the IPA Review, and now it’s here, as he details in a new article (reprinted below) on what Europe now faces as a result of the Euro’s inherent flaws and subsequent mismanagement. Dr Hartwich is Executive Director of the New Zealand Initiative and a German
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Our Unproductive Approach To Growth
7 March 2019

Our Unproductive Approach To Growth

Australia has entered into a per capita economic recession for the third time in 28 years, according to figures released yesterday by the Australian Bureau of Statistics. The figures also show there have been 18 quarters in the past 28 years where per capita incomes have gone backwards. The 28-year yardstick is relevant because that is the time since Australia
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Four Problems With GST Redistribution And How To Fix Them
18 April 2018

Four Problems With GST Redistribution And How To Fix Them

Our new research brief discusses Australia’s alarming GST problem. IPA research has found that the states that are responsible for contributing the most to the GST pool – New South Wales, Victoria, and Western Australia – have lost $87 billion to the other states and territories since its introduction, under the complex process known as “horizontal fiscal equalisation”. The Institute
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