13 March 2020
The Very Last Thing We Need Is Radical Reserve Bank Action
The Reserve Bank of Australia has used the coronavirus threat to accelerate its move toward radical monetary policy. To prevent further distortions to the Australian economy the government should lower the RBA’s inflation target that is driving economically harmful intervention. Last year, RBA Governor Philip Lowe tested the waters with talk of quantitative easing and negative interest rates with the
13 March 2020
Stimulus Package A Missed Opportunity
“By focusing on cash handouts and short-term measures, the stimulus is a missed opportunity to address Australia’s structural economic problems through lower taxes, less red tape, and energy market deregulation,” said Daniel Wild, Director of Research at the free market think tank the Institute of Public Affairs. “The stimulus package is the good, the bad, and the missing: the expansion
12 March 2020
Some Stimulating Ideas
Rather than engaging in a shortsighted and reckless cash splash, the federal government should seize the opportunity created by the economic fallout from the coronavirus to cut red tape, reduce taxes, and deliver reforms that will save the Australian economy from recession and form the basis for prosperity for decades to come. The Morrison government is expected to announce today
