Secret research undermines democracy

by Jack Thrower

This month, the Australian economic debate was hijacked by a report from the world’s most powerful consulting firm: McKinsey & Co. The consulting firm apparently found that declining living standards represent a “national emergency” – and the care economy, regulations and Australia’s corporate tax rate are to blame for low productivity growth. The only problem?

November 2024

October 2024

April 2024

Wednesday, January 22, 2020, Santos Liquefied Natural Gas plant in Darwin. (AAP Image/Supplied by Santos)

What is the PRRT?

by Jack Thrower

Gas extraction is often lauded by the industry as the ‘backbone of the Australian economy’, but the actual revenue collected from one of the main taxes on the industry falls staggeringly short of what most people would expect. Find out why this is the case – and what we can do to fix it.

February 2024

January 2024

December 2023

August 2023

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