Opinions
April 2018
The Liberals’ immigration plan is working all too well
Peter Dutton’s best argument for Australia to lower its annual immigration intake is one word: Sydney. Australia’s largest city has been made crowded, slow, expensive and unproductive by decades of unplanned immigration. [This article was first published in the Australian Financial Review – here] Anyone planning an event knows that it makes a lot more
#WTF2050: What’s Tasmania’s future? (Scott Rankin)
First published in The Examiner, 15 April 2018 By 2050, everyone everywhere will have the right to thrive. (Yep, utopia). All communities are changing all the time. The future of our Tasmanian community is not like a book that has already been written, each chapter is emergent & authorship is our collective responsibility. The narrative
Wages Crisis Has Obvious Solutions
Mainstream economists and conservative political leaders profess “surprise” at the historically slow pace of wage growth in Australia’s labour market. They claim that wages will start growing faster soon, in response to the normal “laws of supply and demand.” This view ignores the importance of institutional and regulatory factors in determining wages and income distribution. In fact, given the systematic efforts in recent decades to weaken wage-setting institutions (including minimum wages, the awards system, and collective bargaining), it is no surprise at all that wages have slowed to a crawl. And the solutions to the problem are equally obvious: rebuild the power of those institutions, to support workers in winning a better share of the economic pie they produce.
Company tax cuts are a costly budget buster
In its desperation to cut the company tax rate the Turnbull government is willing to burden future generations with the kind of record budget deficits it has previously sought to pin on the ALP. As an economic strategy it makes little sense but as a political strategy it makes no sense. Indeed the PM seems so keen
March 2018
The Difference Between Trade and ‘Free Trade’
U.S. President Donald Trump’s recent trade policies (including tariffs on steel and aluminium that could affect Australian exports) have raised fears of a worldwide slide into protectionism and trade conflict. Trump’s approach has been widely and legitimately criticised. But his argument that many U.S. workers have been hurt by the operation of current free trade
#WTF2050 – Big ideas for Tasmania’s future
First published in The Examiner, 28 March 2018 On Tuesday, The Australia Institute Tasmania launched a new initiative cheekily titled #WTF2050 – What’s Tasmania’s Future? The project brings together some of the state’s best thinkers to answer the question – where do you want Tasmania to be in 2050? What’s your big hairy goal and
Australia’s obscene dividend imputation debate about who is poor
All poor people have low taxable incomes, but many people with low taxable incomes are a long way from being poor. [First published in the Australian Financial Review – here] And while the debate about the fairness of abolishing cash refunds for “spare” tax credits has conflated poor people and those with good accountants, the two groups
How some of the wealthiest Australians pay ‘negative’ tax
The tax treatment of earnings generated from owning shares is complicated. Because it is complicated most people think it is boring. Because it’s boring we don’t discuss it much. However Australia’s dividend imputation system is important, unique to the world and comes with approximately a $30 billion dollar a year price tag. So whatever you
February 2018
Response to ‘How company tax cuts got killed’ in The Australian Financial Review
On Friday 16 February the Australian Financial Review published an opinion piece on company tax and argued that The Australia Institute ‘undermined a policy that woud have created jobs, profits and a bigger economy’. Generally this is a good article which sets out how The Australia Institute undermined the Government’s plan to cut company taxes,
Australians don’t hate big business, but they do hate the tax cut campaign
I’m proud that The Australian Financial Review thinks that my colleague Ben Oquist and I ran a “well-orchestrated thought campaign” against the BCA’s call for a $65 billion tax cut, but, to be honest, defeating it in that debate wasn’t difficult. [First published by the Australian Financial Review – here] Indeed, while Aaron Patrick’s piece titled “How company tax
The Coalition of free-market freeloaders
The word “ideology” has a bad name these days but, as we are beginning to see, it is surprisingly hard to govern a country without one. Take, for example, the ideology of small government often associated with conservative governments like that of Mr Turnbull’s. [First published by the Australian Financial Review – here] Last week
January 2018
Forget the populists, Australia is well overdue for more politicians
With a seemingly never-ending string of negative narratives about how poorly our politics is performing, we are now overdue for some more structured thinking about what needs to be done. The “anti-politics” sentiment now risks hardening into something more dramatic as the electorate turns away, not just from the current crop of politicians – but potentially from
Energy policy based on feelings doesn’t help consumers
Just as many politicians choose to ignore the evidence of criminologists when designing crime prevention policy, the majority of Australian politicians choose to ignore economic evidence in the design of Australian energy policy. That’s OK. There’s no mention of role of evidence in the Australian Constitution and there’s no obligation on parliamentarians to base policy
November 2017
The National Party’s 1950s identity politics are costing the Coalition dear
Three years after Campbell Newman suffered the biggest swing in Australian political history, the Liberal National Party (LNP) just lost another 8 per cent of Queensland voters. [This article was first published in the Australian Financial Review – here] Remarkably, senior conservatives are already demanding greater distance between their party and the vast majority of voters
Job Growth No Guarantee of Wage Growth
Measured by official employment statistics, Australia’s labour market has improved in recent months: full-time employment has grown, and the official unemployment rate has fallen. But dig a little deeper, and the continuing structural weakness of the job market is more apparent. In particular, labour incomes remain unusually stagnant. In this commentary, Centre for Future Work Associate Dr. Anis Chowdhry reflects on the factors explaining slow wage growth — and what’s required to get wages growing.
The political cost of backing Adani
he Adani coal mine is the most divisive resource project since the proposal to dam Tasmania’s Franklin River in 1983. The debate over whether to subsidise it even more so. But thanks to Annastasia Palaszczuk’s last-minute decision to veto any Commonwealth loan to the project, the voters of Queensland are now being offered a full range of policy positions
October 2017
Submarines or rape counselling? Priorities are the measure of any government
Is the purpose of being in government primarily to keep the opposition from doing it? The Coalition is now in its fifth year in power, yet it spends more time blaming Labor for the country’s problems than spelling out its own plans to improve Australians’ lives. [This article was first published by The Canberra Times
Gas prices shine light on mining subsidies
The Australian gas industry’s best hope is the Turnbull government’s worst nightmare; a big increase in world prices for oil and gas. Santos and Origin executives lost billions of their shareholder’s dollars when they bet $60 billion worth of gas export facilities in Gladstone on a world oil price of around $US100. They lost. The
We have enough cheap, easy-to-extract gas to last 100 years. There’s just one problem
Australia has plenty of cheap gas. The problem is private companies are selling it all overseas, writes principal adviser at The Australia Institute Mark Ogge. [This article was first published by Crikey – here] Hard to believe, isn’t it? But it’s true: in the last decade, tens of thousands of square kilometers of Queensland farmland has
September 2017
Malcolm Turnbull has simply become the man with a plan for more plans
Given the enormous investment in renewable energy taking place in the US and in Europe, other national governments must be determined to drive up the price of their electricity. [First published by the Australian Financial Review – here] Either that, or everything Malcolm Turnbull has been saying about the need to keep a 50-year-old power station going
The BCA is pushing policy irrelevance and being ignored by the parties
When the Prime Minister is forced to spend his own political capital fixing the mistakes of the former head of Origin Energy, is it any wonder the Coalition is ignoring that same man’s policy advice now that he heads up the Business Council of Australia? [This op ed was first published in the Australian Financial Review
August 2017
Citizenship, the Nationals and Adani’s uncertain coal mine
The citizenship debacle engulfing the Nationals, and in turn the Coalition government, has as much to do with trust and integrity as it does with the constitution. Being consistent is important in business and in government. [This article was first published by the Australian Financial Review – here] After the Greens’ Scott Ludlum and Larissa
The difference between a policy and a promise
Politicians need to break promises. Our parliament and democracy would not function if they did not. [First published by the Australian Financial Review – read here] There is a commonly held view that governments are elected to deliver every single election policy, in every detail as outlined in the lead up to an election. But
Talking Point: Corruption fight should be carried out in broad daylight
TASMANIA’S Integrity Commission must become more transparent if it is to fulfil its purpose of exposing and tackling corruption. [Full article on The Mercury website]
July 2017
Out of Energy
This opinion piece was first published in the Canberra Times on 29 July 2017. The final season of Game of Thrones is back and winter is coming for House Turnbull. The failure of the federal government on energy policy is driving up emissions, driving up energy prices, stalling investment and its harming consumers. And hasn’t
Trusts a burden on the rest of us
Rising inequality is, according to the lefties at the International Monetary Fund, a drag on economic growth. And low wages growth is, according to the lefties at the RBA, a drag on growth. And according to lefties like Theresa May fixing economic equality is “crucial” to the economy. [This article was first published by the
The scientific way to avoid electricity price spikes, saving Australians thousands
Imagine if petrol prices went up from $1.29/litre to $180/litre for brief parts of the day on a few days of the year. Worse still, imagine drivers had no way of knowing what price they were paying until after they’d filled up. [This article was first published by Crikey here] If that was the case, Australia’s
Technology is blind to political labels
If word processors were invented today they would no doubt be seen through the left-right prism. Like a dying star, the 18th century political binary of left and right produces far more heat as the end of its life approaches. Is a wind turbine really “left wing”? Is a grid scale battery “progressive”? [The article
June 2017
RBA board needs an ACTU representative to help keep wages up
The RBA governor Philip Lowe recently encouraged Australian workers to stop being so scared of technological change and foreign competition and start demanding higher wages. But if the governor wants to really understand why so many Australians have been willing to settle for so little for so long perhaps he should ask the Treasurer to appoint the ACTU
Finkel map takes scenic route to cutting carbon
It has taken ten years of cheap politics and bad policy decisions to deliver Australians high energy prices, high greenhouse gas emissions and low levels of reliability. Rather than listen to scientists, engineers or economists Australia’s energy policy has been shaped by lobbyists, political strategists and shock jocks. It’s hard to see how things went
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