Opinions
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
Donald Trump is more honest about climate inaction than Malcolm Turnbull
There is a depressing honesty about Donald Trump’s announcement that the United States will withdraw from the Paris climate agreement. It stands in stark contrast to the hypocrisy of Malcolm Turnbull’s big talk on climate change, which is accompanied by a $1 billion subsidy for the enormous new Adani coal mine. At least Trump is
May 2017
Tasmanian Budget: Smiles all around, but no long-term vision for the future
This week’s budget was full of good news about good economic times. The combination of favourable economic conditions and some good economic management could have been a once in a generation opportunity to build for the state’s future. Built on the back of our clean and green image, a boom in revenues has been fuelled
Adani and the end of subsidy denial
It’s not clear whether Adani will win its battle to build its enormous new coal mine. But what is clear is that the coal industry, and the political right, have already lost the war. The enormous subsidies required to make the Adani mine “commercial” have killed once and for all the myth that coal mining
Palaszczuk and Turnbull governments are Adani mine’s lonely fans
Australia isn’t trying to stop global warming, we’re subsidising it. While here in the ACT we’re on track to source 100% of our electricity from renewable energy by 2020, in Queensland the state government is doubling down on the number one contributor to climate change – coal. Despite banks, economists and the Australian people showing
Budget 2017: Banks and miners can just pay up
The big banks have just discovered what Australia’s unemployed have known for some time, in modern Australia it is risky to be the underdog. For the last decade, at least, Australian politics has revolved around what you can get away with, not what the country needs, and the results have been nasty. And as the
April 2017
Coalition should be rejecting populist subsidies for Adani’s rail line
Barnaby Joyce says the federal Coalition’s desire to subsidise Adani’s Carmichael coal mine means the government will attract “some flak” from environmentalists. No doubt there will be, but he might do well to prepare for some friendly fire as well. [This article was first published in the Australian Financial Review – here] The government should expect some flak
Why big business doesn’t care about deficits
Two days after demanding $48 billion worth of tax cuts, BCA president Grant King warned us that “if we don’t make changes, if we don’t get on top of the budget deficit, debt is going to be rising and it will be a burden for generations to come”. [This article was first published by the Australian Financial
March 2017
Don’t Pop Champagne Corks Over Longest Growth Streak
On April 1, Australia will surpass the Netherland’s old record to mark the longest unbroken expansion of real GDP in modern history. While this result permits much chest-thumping on the part of some politicians, we should never assume that there is an automatic correlation between GDP growth and the well-being of people, society, and the environment.
How to invent a clean energy company
This was first published in EcoGeneration online on 8 March 2017 and in the print edition. The common view of invention is that it is unexpected. The people who do it are extraordinary individuals. There are risk takers but also naturally creative geniuses. Ancient Archimedes came up with his theory of buoyancy by his spontaneous
Murky communication won’t help the clean energy cause
This was first published in EcoGeneration online on 20 Jan 2017 and in the print edition. Prime Minister Malcolm Turnbull put innovation on the national agenda when he defeated PM Tony Abbott in the leadership spill, in September 2015. Turnbull said “We have to recognise that the disruption that we see driven by technology, the
Where did all the rationalists go?
Are there any economic rationalists left in the Australian business community? Where are the fiscal conservatives when you need them? [This article was first published in the Australian Financial Review – here] Hard headed budget hawks are missing in action when it comes to our governments giving a $1 billion subsidy to help build the
Debt phobia is doing long-term harm
The Coalition Government is still paying a heavy price for Tony Abbott’s “ability” to simplify complex policy issues down into three-word slogans. His promise to “stop the debt” worked a treat for him in opposition but it made him look a failure as Prime Minister when debt grew rapidly on his watch. [This article was
February 2017
Employers’ pyrrhic penalty rates win reflects self-defeating economics
The Fair Work Commission unveiled its long-awaited decision on penalty rates for Sunday and holiday work this week. Penalty rates for most retail and hospitality workers will be cut, by up to 50 percentage points of the base wage. Hardest hit will be retail employees: their wages on Sundays will fall by $10 an hour or more. For regular weekend workers, that could mean $6000 in lost annual income.
The fossil fuel industry and its alternative facts
In a post-truth world, the ability of an industry to generate its own “alternative facts” is likely to be an asset in the short term and a liability in the long term. Indeed, for those who crave certainty and value continuous disclosure, the willingness of some firms to move well beyond simply putting a positive spin on
When did Donald Trump become Malcolm Turnbull’s celebrity tax adviser
Malcolm Turnbull is using Donald Trump as a celebrity endorsement for his plan to give corporate Australia a $50 billion tax cut. But, like all dealings with people who are famous for being famous, the risks can be greater than the returns. Take Trump’s views on free trade. First published by the Australian Financial Review
January 2017
Billionaires get more leeway than vulnerable citizens. It’s obscene
When politicians spend taxpayers money flying themselves to fundraising parties or flying to their own weddings, we leave it up to the politician to decide if their claim is “outside of entitlement”. First published on The Guardian – here When it comes to income tax we allow people to claim $300 worth of tax deductions without receipts because
The Turnbull government has a silver foot in its mouth
The travel rorts scandals make the Turnbull government look like it’s out of touch, but its plans to give $50 billion in company tax cuts over the next 10 years are about to prove it beyond doubt. First published in the AGE and Canberra Times – see here. This time last year Prime Minister Turnbull
Expenses scandal shows need for national anti-corruption body
Is it any wonder that voters who don’t believe politicians’ travel expense claims are fair dinkum won’t believe their claims about the benefits of economic reform either? Trust is hard to earn and easy to lose. —First published by the Australian Financial Review here— While much has been made of “the optics” of the government
A divided nation needs its institutions more than ever
Make no mistake, some of our most important civil and political institutions are under sustained and deliberate attack. And as 2016 draws to a close, when it seems politics is more divided than ever, it’s even more important to protect and defend the bedrock institutions of our democracy. First published by The Canberra Times –
December 2016
Government debt would be zero if we had Howard tax levels
This op-ed was first published on 19 December on Crikey here > https://www.crikey.com.au/2016/12/19/rudd-gillard-and-abbott-cut-taxes-a… The debate surrounding MYEFO and whether Australia has a credible path back to a surplus should start by remembering how we got here. If Scott Morrison had delivered much of Peter Costello’s taxation ratio the budget would not be in deficit today. This
The notion of evidence-based policy in Australia is dead
The notion of evidence-based policy in Australia is dead. While it’s been in poor health for some time, it was finally killed by the Coalition backbench last week and replaced with “gut instinct” and “the pub test”. First published by the Australian Financial Review – here When Deputy Prime Minister Barnaby Joyce was recently quizzed
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