It is hard to imagine a scheme that is less fair than the CPRS. The Commonwealth collects the revenue and the states do the spending. The polluters get compensation and those dependent on the public health and education systems get nothing. Of course tackling climate change doesn’t need to be so unfair. With the legislation

Australia is a wealthy country. Although the current slowdown in the rate of economic growth has had a substantial impact on the government’s finances, the fact is that much of the ‘boom’ preceding this downturn was squandered through round after round of tax cuts. This occurred to such an extent that, despite the fact that

The mining boom bonanza barely spread beyond the mining industry itself but the negative implications of the mining boom were felt very widely. This is important in view of the current suggestions that the end of the mining boom implies that Australians will have to tighten their belts. Symmetry should apply in the event of

The CPRS has fundamental flaws that need to be addressed. A mechanism to ensure that the efforts of individuals and state governments to reduce emissions result in lower emissions, not extra permits for other polluters, needs to be introduced. Similarly, the decision to insulate the petrol price from the introduction of a carbon price needs

While it may not have been the government’s intention, it looks like the most potent symbol associated with the CPRS might be the Senate uniting to vote it down. The likely delay in implementing an effective scheme is a source of much regret for people who have called for urgent action for many years. But

While it may seem appealing to wait until we know where the new jobs are going to be before we start moving away from the jobs the atmosphere can no longer support, developing such a ‘plan’ is a fool’s errand. The fact is we did not wait until we knew where photo development lab workers

Tax cuts for the rich damage the Australian economy and disadvantage the average Australian.

Right up until the end of the resources boom and the onset of the global financial and economic crisis, the government was flush with money, a result of the virtually continual ‘surprises’ as economic growth, and especially government revenue, came in way over budget forecasts in each of the years from 2003-04 to 2007-08. By

There are strong equity and efficiency arguments for taxing all income from capital at the same rate; the current concessions are wrong in principle and regressive in practice. The focus should be on why the wealthy enjoy the unique privilege of having a sizeable part of their real income taxed at half the normal rate.

Superannuation is the most concessionally-taxed investment in Australia with contributions, fund earnings and payouts all receiving concessional treatment. According to Treasury, the effective marginal tax rate on superannuation savings is highly negative. This paper discusses how superannuation could be reformed to make it more equitable.

The CPRS in its current form is deeply flawed. If the government wants to see the legislation passed, it is going to have to amend its proposal. In order to take advantage of every additional emissions reduction and allow every concerned citizen to make a direct contribution, the government needs to convert its ‘cap and

It is often said that there is nothing more powerful than an idea whose time has come. But it seems that in the case of Minister Wong’s version of emissions trading, the so called Carbon Pollution Reduction Scheme (CPRS), there is nothing more pitiful than an idea whose time never actually came. The targets are

The CPRS is looking more and more like a hotted up second hand car. It sounded good in the advertisement, had all the fancy bits added on and looked really shiny and ready to go. Unfortunately the closer you look at it, the less reliable it gets. It might not be as fancy, but an

The unfortunate reality is that, having waited a decade for a government to express a willingness to do something about climate change, we are now faced with a choice between a policy that locks us into failure by dictating that emissions in Australia cannot fall by more than five per cent and abandoning the CPRS

Debates about superannuation policy are often ideological in tone.People in finance and investment circles tend to forget that the majority of Australians are profoundly disengaged from their super, at least until they approach retirement. The super system is so complicated that many workers take the simplest option – doing nothing. Governments therefore have a responsibility

Originally printed in the Sydney Morning Herald. Under the Productivity Commission’s parental leave proposal, men are entitled to two weeks’ paternity leave (use it or lose it), and mothers would be allowed to transfer their 18-week entitlement to their partners. It leaves the important decision about who provides primary care up to individual families and,

We need the TGA, and other government regulatory bodies, to keep their teeth. We also need them to behave respectably and transparently. The TGA must now come clean about what went on behind the scenes in the Pan case if it has a chance of regaining authority.

Not only can current jobs be adapted to green jobs, Australian engineers who now go to Europe, California or China might be lured home. Eventually, every job needs to be a green job: every industry will need to readjust to the reality of climate change and play their part in cutting Australia’s emissions. At best,

Recent research by the Australia Institute reveals the extent of community mistrust of the financial sector. Indeed, a large majority of adult Australians hold banks and other financial institutions responsible for the current debt crisis. Although many people believe that personal responsibility in financial decision making is important, there is broad consensus that the banking

Australia’s love affair with easy credit has turned on itself. The price of credit has reached its highest point in 14 years, and home buyers are feeling the economic pain associated with higher interest rates. The corporate sector has tended to blame individuals for taking on more debt than they can handle, drawing on the

Originally printed in ABC News. It’s a good thing for our communities if working parents are able to take time out to spend with children. This should be the guiding principle for the Productivity Commission’s upcoming inquiry into paid maternity, paternity and parental leave. The second principle is to accept that many parents want or

A study by the Australia Institute, Stuff Happens, found that women in particular find clutter distressing. They don’t necessarily have more clutter than men (the typical suburban garage would dispel that notion) but they tend to notice it more. Women are also more embarrassed by their clutter than men. The alternative to cluttering up our

The pressures on teenagers today are immense. Many are convinced that their entire lives will be determined by one number ”” their ENTER score. But, many who do not do well at school or university go on to have highly successful careers. And many who perform brilliantly at school and university somehow end up living

Today’s little girls aren’t tottering around in mum’s high heels. These days, nothing could be more daggy for a primary school girl than pretending to be her mum, or any other normal adult. So – at the risk of sounding repetitive – everyone please take note: premature sexualisation has nothing to do with children’s creative

While we stigmatise fat people, perhaps they are behaving normally in a sick social environment. The answer then is not diets, drugs and surgery but a wholesale change in the culture of consumption, which itself is a reaction to the emptiness of affluence.

Bashing baby boomers is becoming so passe. The Howard Government’s Intergenerational Report found that the ageing of the population does not constitute a crisis but rather a fairly manageable transition. Despite this, a number of commentators continue to insist that the age pension claims of a large cohort of boomers will put unsustainable pressure on

As parents and professionals who work with children point out, the time and energy that they currently spend in trying to protect children from the advertising and media onslaught (as well as in healing the damage it causes) would be far better spent on the positive aspects of caring for children. In short, if government

Drugs policy arouses strong emotions. People see drug users and fear the unknown. The traditional response from politicians, particularly conservatives, has been to exploit these fears for political gain. The outcome has been an over-reliance on law enforcement as a means of stamping out both the supply and use of harmful drugs. It is hoped

Rather than being empowered, children are being exploited by the process of sexualisation. For children seeking to become empowered in an adult world, a more promising route is to focus on developing cognitive and emotional capacities that enable them to negotiate power relations more maturely and with less risk to themselves. There is nothing wrong

Despite the fanfare that surrounds major events, the reality is that state and territory governments are often spending large sums of taxpayer money in attempts to divert events, tourists, jobs and associated revenue from one part of Australia to another, and from one industry to another.