GDP

IPA State Economic Scorecard 2024 – Western Australia Best Performing State, Victoria Economic Basket Case
12 March 2024

IPA State Economic Scorecard 2024 – Western Australia Best Performing State, Victoria Economic Basket Case

“Although the focus of economic policy is usually at the federal level, decisions made by state governments have real-world consequences for families and businesses. With economic headwinds gathering, measuring state government performance is critical,” said Lachlan Clark, Research Fellow at the Institute of Public Affairs. Today, the IPA released its State Economic Scorecard 2024, ranking the performance of Australian states
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State Economic Scorecard 2024
12 March 2024

State Economic Scorecard 2024

Key Findings This research note assesses the performance of each Australian state across ten key economic measures, to develop a state economic scorecard. The measures use the most recently available data across a variety of macroeconomic metrics, and finds: Table A: Relative strengths and weaknesses of Australian states in key economic measures
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The Growth Of Federal Environmental Law 1971 To 2016
30 April 2017

The Growth Of Federal Environmental Law 1971 To 2016

Red tape costs the Australian economy at least $176 billion, or 11 per cent of GDP, each year in foregone economic output. Environmental red tape and regulation in particular has grown significantly in recent decades. This report provides an objective measure of the growth of federal environmental legislation since the creation of the first Commonwealth environmental department in 1971. The
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Business Investment In Australia Now Lower Than Under Whitlam
8 March 2017

Business Investment In Australia Now Lower Than Under Whitlam

Business investment in Australia is 12.2% of GDP and is forecast to fall to a record low nine per cent of GDP by 2020, according to Macquarie Research. During the Whitlam era of economic crisis business investment averaged 13.7% of GDP. Download the full report here
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Dry: In Defence of Economic Freedom
10 July 2002

Dry: In Defence of Economic Freedom

Download the full book here. Much of the world is still horrible but during the final quarter of the 20th Century life spans greatly increased almost everywhere especially in the once-poor countries of East Asia. The economic order that achieved these momentous gains is now threatened by ‘anti-globalisation’. We began the new millennium with blessings close to home. Australians were
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