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

Based on the way they talk about the proposed income tax cuts, the average Turnbull government MP struggles with the definition of average. To be fair, averages can be a bit confusing. For example, the average Australian has less than two legs (as the number of people with one leg far exceeds the number of people

Bracket creep is as maligned as it is misunderstood. Indeed, it can even be a good thing. But while most people probably know that bracket creep refers to people getting tipped into higher marginal tax rates as their wages rise, few seem to realise that there is good bracket creep and bad bracket creep. But before I explain

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

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

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

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 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

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

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

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