Industry and research spillovers could generate a benefit well in advance of the net cost of the submarine project.
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The push for policymakers to make ‘evidence-based’ decisions heightens the value of experts, but should it?
They’re the lines you sometimes hear before or after budgets from governments and commentators of all persuasions. The problem is they go against reality.
Australia’s wage growth has been sluggish, but the reasons are more complex than they seem.
When it’s cheaper to buy and rent out and then rent another place, you know something is wrong with negative gearing.
Australia has some way to travel before it graduates to a coherent national cyber security strategy.
A lot of regulation is aimed at “bad lenders” - but what about “bad borrowers”?
The Rana Plaza anniversary is a reminder of the transparency lacking in the garment supply chain for the clothes we wear.
RBA Governor Glenn Stevens isn’t buying the secular stagnation theory, lending weight to the deficit hawks.
Beyond short-term revenue and expenditure, Australia’s structural deficit continues to grow.
Out of the many changes the federal government has made to ASIC, the review of the Financial Ombudsman will have the biggest impact on customers.
Withdrawing support for marriage equality can prompt a community backlash and alienate employees and customers.
There’s a reason it’s getting harder to get any value from the budget.
It makes sense for the federal government to grease the wheels of federal-state tax reform.
Business groups point to a GDP stimulus from a company tax cut, but modelling shows small businesses miss out.
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
The work of David Aschauer could help the government put a more positive spin on spending.
A survey has found that the percentage of foreign ownership is more worrying to Australians than the country-of-origin of the investment.
Voters will hear a lot about productivity in the lead up to the budget. The key thing to remember is that it’s a very rubbery concept, enormously tricky to measure and highly politicised.
The NERC is not the first organisation to come unstuck by asking for public input.
Special purpose liquidators are appointed by courts to pursue specific tasks in liquidation, in the case of Queensland Nickel, this will mean investigating Clive Palmer’s dealings.
The Productivity Commission’s inquiry into access and use of public and private data risks failing to achieve anything meaningful.
After Labor proposed a royal commission into the banking industry, Treasurer Scott Morrison said the Australian Securities and Investments Commission (ASIC) has all the powers of a royal commission and more. Is that right?
Turnbull’s budget conundrum: promise too much and fail to deliver, or do too little and cruel his electoral chances.
If the federal government abolishes the Road Safety Renumeration Tribunal, a minimum pay to improve the safety of truckers is less likely to ever be addressed.