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Because the threshold for the Medicare levy exemption is based on family income, the reform will reinforce the move towards higher effective tax rates on low income second earners in a family. Joe Castro/AAP

Shifting the tax burden to middle-income earners will undermine jobs and growth

With its recent budget changes, the government is proposing a rise in marginal tax rates across a wide band of middle incomes and a marginal tax rate cut for the top.
After 71 dead refugees were found in an abandoned refrigeration truck in September 2015, the Bochum Theater organized a public reenactment of the tragedy. Ina Fassbender/Reuters

How the refugee crisis is playing out on the German stage

In Germany – a country where going to the theater is a deeply ingrained cultural tradition – the stage is a place to confront pressing political issues.
The poll asked whether forecasting for the budget should be taken away from Treasury and be given to another independent agency. Lukas Coch/AAP

Leave budget forecasting to Treasury: economists

Polled economists say another independent body wouldn’t necessairly do a better job of economic forecasting for the budget than Treasury.
High school and college students protested Trump’s inauguration at Seattle Central College in January. AP Photo/Elaine Thompson

Helping student activists move past ‘us vs. them’

When it comes to politics these days, it feels like everything is ‘my way or the highway.’ What can colleges do to end this moral fundamentalism and get students listening to each other?
If wages just grow at the rate of the last 12 months, rather than at the higher growth in the budget forecasts, income tax collections will be A$7 billion less for 2019-20. Joel Carrett/AAP

Why biased budget forecasts make poor politics

Wonky forecasts show it’s time for a new approach that adopts more conservative forecasts, and makes a genuine commitment to budget repair.
Victorian Treasurer Tim Pallas announced a raft of spend measures in the latest budget. Julian Smith/AAP

Victorian budget splash raises questions about privatisation

The Victorian budget brought with it an increase in privatisation, which follows on from other state budgets, but the evidence for efficiency in this type of system isn’t there.
Former Finance Minister Pravin Gordhan flanked by Deputy Minister Mcebisi Jonas and Director General Lungile Fuzile. GCIS

South Africa must look beyond individuals to solve the current crisis

The framing of the prevailing political protests in South Africa shows too much focus on the role of individuals. This is dangerous in hearkening back to the flawed Great Man Theory.
If we want to stop kicking the innovation football back and forth – we need to move industry policy to a more prominent place in the political agenda. www.shutterstock.com

Let’s stop kicking the innovation football around

The federal government spends over A$10 billion plus a year on industry policies but we have little idea how effective they have been. Programs are regularly dropped before we even know if they work. Think…

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