May 2013

March 2013

Payrise for dole makes sense

by Richard Denniss in The Canberra Times

Last week, CSR closed a Sydney factory and made 150 people redundant. This was not caused by the carbon price, the mining tax or our industrial relations laws. The simple fact is that the high exchange rate that accompanies our mining boom has made many manufacturers uncompetitive. How much income support should they receive? How

February 2013

Population policy ignored

by Richard Denniss in The Australian Financial Review

It’s very difficult to determine what the right rate of population growth should be, but it’s very easy to determine the wrong one. If there are no spare seats on the trains, no spare beds in the hospitals and no room on the roads then we aren’t ready for the anticipated net migration of 1

January 2013

Competition vital in online marketplace

by Richard Denniss in The Australian Financial Review

Traditional retailers are happy to pay a premium for high visibility locations and the same is true online. In the online marketplace, high visibility means featuring prominently in search engine results. Google is by far the most used search engine in the world with more than 85 per cent of global search engine revenue. It’s

December 2012

Tweaking GST is just a quick fix

by Richard Denniss in The Australian Financial Review

Our two-speed economy has a two-tiered tax system, with capital-intensive mining companies paying among the lowest rates of corporate tax and the labour-intensive service sector paying among the highest. All companies face the same nominal 30 per cent tax on income but the existence of accelerated depreciation and other tax concessions deliver disproportionately for the

Rethinking nation’s needs

by Richard Denniss in The Canberra Times

Economic growth is a very strange thing. In 1949 when our gross domestic product was about a tenth of what it is today, Australia set out to build 145 kilometres of tunnels, 16 major dams and nine power stations as part of the Snowy Hydro scheme. But 60 years later, when GDP is $1.3 trillion

November 2012

The high price of stress

by Richard Denniss

Job ads and corporate websites are often littered with claims that particular companies are “employers of choice” or committed to the wellbeing of staff. But according to a recent survey by the Australia Institute, around one third of the workforce reports experiencing stress and anxiety as a result of their work. About 2.2 million workers

All work + no play = stress

by Richard Denniss in The Sydney Morning Herald

John Howard’s description of work/life balance as a ”barbecue stopper” was more accurate than he realised. Not only does it continue to stop conversation among the ”working families” of such interest to political strategists, but the length and unpredictability of working hours makes it increasingly difficult for friends and families to make plans and keep

October 2012

September 2012

Political cowardice on ‘self-funded’ super

by Richard Denniss in The Australian Financial Review

There are two fiscal elephants in the Gillard government’s cabinet room. The first and better known elephant is the fact that the government’s wafer-thin surplus has been crushed under the weight of a slowdown in revenue forecasts and a speed-up in new spending announcements. The second elephant is that the cost of so-called “self-funded” retirement

August 2012

Hurting the community

by Richard Denniss in The Canberra Times

No rational person would work in the community sector. Not according to neoclassical economists at least. Rational individuals, we are told, are motivated by their own self-interest. So why would anyone ever volunteer to help people they don’t know? And why would an organisation structure itself as a ”not-for-profit” when economists typically assume that profit

July 2012

KPIs’ have little relevance in managing our health system

‘KPIs’ have little relevance in managing our health system. There is an old saying that for every complex problem there is a solution that is simple, neat and wrong. The modern delusion that the creation of simple “key performance indicators” can solve complex problems like the management of the health system, the performance of our

June 2012

Politics in the Pub Wednesday 27 June 2012 -Father Frank Brennan AO -Asylum seeker policy 20 years on

by Father Frank Brennan AO

2012 marks 20 years since the policy of mandatory detention of asylum seekers was introduced by the Keating Government. Today, more than 4000 asylum seekers are being held in immigration detention, 460 of those are children. A recent parliamentary inquiry report into immigration detention, has called for sweeping changes, including recommendations on detention time limits,

Politicians rarely know best

by Richard Denniss in The Australian Financial Review

The latest tragic loss of lives as asylum seekers literally risk everything to make a better life for their families highlights both the consequences and the absurdity of some of the policy positions adopted by Australian politicians. Politics, like democracy, often has more to do with compromise than with consistency. But building a nation does

May 2012

A tax on the developers

by Richard Denniss in The Canberra Times

It is the perceived value of a location, not the cost of construction, that determines the market price for housing. It’s amazing how progressive business has become in Australia. The mining industry’s biggest concern seems to be creating jobs for migrants. The banks just want to help small business grow and the property developers of

February 2012

When the powerful buy into the media, can the media still scrutinize the powerful?

by Richard Denniss in The Conversation

The mining industry is used to having its voice heard in Australian public debates, so it should come as no surprise that mining billionaires such as Gina Rinehart and Clive Palmer would consider buying up a bigger slice of the Australian media. While the estimated $20m spent by the mining industry on television advertisements opposing

Super rort for wealthy

by Richard Denniss in The Canberra Times

Imagine if you had $30 billion sitting in front of you. And imagine that you had been told to use it to boost the retirement incomes of Australians. Who would you give it to? Would you use some of it to boost the existing age pension? Would you put some of it into the superannuation

January 2012

Nonsense’ of $5b claim

by Richard Denniss in The Canberra Times

To assert total costs of the regular process of updating poker machines as a cost of policy reform is simply absurd. No industry in Australia does a better job of taking from those with the least and giving to those with the most than the poker machine industry. The idea that using some of the

Pointless politics of gesture

by Richard Denniss in The Canberra Times

Summer is a terrific time to build political mountains out of molehills – policies that are not really meant to be acted on H ands up if you support social exclusion. No? Then by the Federal Government’s logic, that means you must support social inclusion. And if you support social inclusion, you must be appalled

December 2011

At home with contradictions

by Richard Denniss in The Canberra Times

It is impossible for politicians to satisfy the conflicting desire for housing affordability while trying to keep home owners happy. Political priorities are often contradictory in Australia. We support individual freedom and liberty, but we accept that, in the war against terror, we must sometimes be searched or delayed at random. We support individuals taking

November 2011

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