by Richard Denniss[Originally published on The Guardian Australia, 6 March 2019] Interests ahead of ideas, friends before philosophy, denial instead of debate. The desperate rush by “law and order” conservatives to defend a child rapist has shown there is no principle that the right of Australian politics won’t abandon in order to protect one of their inner

by Richard Denniss[Originally published in The Australian Financial Review, 5 March 2019] Cultural symbols have replaced price signals at the heart of conservative politics. There’s now no better way for Australian conservatives to virtue signal than to support the construction of new coal mines. The Coalition is no longer neo, nor liberal – it simply

by Richard Denniss[Originally published on The Guardian Australia, 20 Feb 2019] It’s hard to believe that anyone who receives larges cheques from the government can call themselves a “self-funded” retiree, but hey, this is modern Australia and powerful groups get to call themselves whatever they want. Sure, the full age pension is only $23,823.80 per

by Richard Denniss[Originally published in the Financial Review, 19 Feb 2019] Millions of people in developing countries jumped straight from having no phone to having a mobile phone and so too will thousands of villages in developing countries jump from having no grid electricity to their own renewable energy. Leapfrogging old technologies can save billions.

by Richard Denniss[Originally published on Guardian Australia, 6 Feb 2019] At a time when the number of people studying economics is at a record low, the number of politicians citing economics 101 seems to be at a record high. Take our current prime minister, Scott Morrison. When asked to provide evidence that closing tax loopholes

by Richard Denniss[Originally published in the Australian Financial Review, 4 Feb 2019] Few people think carbon pricing is as important as Tony Abbott does. Not only was repealing the carbon tax his biggest achievement as prime minister, nearly five years later, he still can’t stop talking about it. Nothing would excite him more than the

by Richard Denniss[Originally published in the Australian Finacial Review] Some political parties are coping better with the social and technological transitions that are reshaping Australia than others. Just as Kodak couldn’t adapt to the digital era and Nokia couldn’t adapt to the smartphone era, it’s not obvious that all of Australia’s current political parties will

by Richard Denniss[Originally published on The Guardian Australia] It’s time we talked about tax. Bill Shorten wants to close tax loopholes and spend more on schools and hospitals. Prime minister Scott Morrison wants to scare voters about the perils of a high-taxing Labor government. And the business community still want the Liberal’s big cut in the company

by Richard Denniss [This article was originally published in the Australian Financial Review] It’s easier to develop long-run visions than solve short-term problems, which presumably explains why governments facing election defeat seem to care more about what future governments should do, than what their government isn’t doing. Once upon a time treasurers were responsible for

by Richard Denniss, Chief Economist at The Australia Institute. [Originally published in the Guardian Australia 03.10.18] Greed is good. Or so said Michael Douglas’ character Gordon Gekko in the 1980s hit film Wall Street. Gekko went further, stating “Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward

by Richard Denniss, Chief Economist at The Australia Institute. [Published in the Australian Financial Review 02.10.18] Was the campaign by the banks to prevent a royal commission into their behaviour “political” in nature? Was the campaign by the Catholic Church to oppose same-sex marriage “political” in nature? And was the campaign by the mining industry to repeal

by Richard Denniss. [This article originally appeared on The Guardian Australia 19.09.2018] The royal commission Australia really needs is one into the spectacular – almost complete – failure of our regulators to protect the vulnerable from the greedy. While it is clear that many of our so-called watchdogs are little more than lap dogs, what

by Richard Denniss [This article originally appeared in the Australian Financial Review 18.09.18] As the Wentworth byelection will show, the desire of Coalition MPs to micro-target their “base” is a terrible way to develop national policy or win federal elections. Take energy policy: should the Coalition compete with Pauline Hanson for the climate sceptic vote in

Dr Richard Denniss, Chief Economist of The Australia Institute, joins JOY radio to discuss: What happens if… we rebuild the economy? “I think we’re at a really interesting point in Australian politics,” says Dr Richard Denniss, Chief Economist of the Australia Institute. Deniss has joined JOY radio’s Dan Roberts & Jan Di Pietro to talk about the economy. He highlights,

By Richard Denniss – Chief Economist at The Australia Institute.   [This article originally appeared in the Australian Financial Review on 24 September 2018] Wars are expensive and culture wars are no different. Indeed, the opportunity cost of Australia’s culture war is enormous as it comes at the expense of developing meaningful energy, broadband and tax

By Richard Denniss, Chief Economist at The Australia Institute. [Read in The Australian Financial Reiew here] Confidence is silent and insecurities are loud. How else could you explain Sky TV commentator Rowan Dean’s need to credit “Western values” for the Thai junior soccer team’s successful rescue? In case you missed Dean’s comments – because, like most

By Richard Denniss, Chief Economist at The Australia Institute [View article in the Canberra Times here] Confidence is silent and insecurities are loud. How else could you explain Sky TV commentator Rowan Dean’s need to credit ‘‘Western values’’ for the Thai junior soccer team’s successful rescue? In case you missed Dean’s comments – because, like

By Richard Denniss, Chief Economist at The Australia Institute. [View this article in the Australian Financial Review] Having abandoned the principles of small government, the right of Australian politics are now urging Australia to embrace Donald Trump’s attack on international agreements. Is there any institution these so-called “conservatives” aren’t willing to wreck in pursuit of

By Richard Denniss, Chief Economist at The Australia Institute [Read in the Sydney Morning Herald here] Economic rationalism and neoliberalism are dead in Australia. In an unexpected twist, the idea that markets are good and governments are bad was killed by the right wing of Australian politics, who simply couldn’t resist the desire to shovel

By Richard Denniss, Chief Economist at The Australia Institute. [Read this article in the Syndey Morning Herald] One thing that unites the Australian Parliament is that subsidies are a great idea. Whether it’s the Liberals’ enthusiasm for subsidising weapons exports, the Nationals’ love of subsidising coal mines, Labor’s love of subsidising manufacturing or the Greens

By Richard Denniss, Chief Economist at The Australia Institute [Read in the Australian Financial Review here] The budget emergency is over. Even though Commonwealth debt has risen from $317 billion to $561 billion. Since Tony Abbott was elected, declaring a fiscal emergency, the Coalition has now flicked the switch to optimism and proposing $200 billion

By Richard Denniss, Chief Economist at The Australia Institute [This article orininally appeared in the AFR] If Malcolm Turnbull were serious about the cutting the company tax rate he would simply push for a carbon tax to fund it. If the Greens didn’t support him, Labor almost certainly would. In one fell swoop he’d deliver the tax