In case it isn’t clear, Mr Perrottet, the people of New South Wales are crying out for freedom and you - now wielding the keys to the kingdom - have the keys to the cage.
They are the heart of Australian cities, towns and neighbourhoods but brutal COVID-19 restrictions have left community sporting organisations gutted.
Read MoreAppearing to grasp the interplay between demand, supply and price, the IMF has suggested legislation to effectively remove a large chunk of the market - and it isn’t wealthy investors. It’s an iconic genie move - a deliberate misinterpretation of the issue at hand with a solution that misses the point.
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Across Australia’s east coast, the political split is blatant with all three incumbent governments in support of hidden speed cameras. It poses the question: Why is a party’s position perfectly aligned with whether or not it is in power?
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Soaring Aussie house prices have caused the average stamp duty bill to skyrocket. The huge “admin fee” lands on the buyer - but has generated nearly $60 billion in additional revenue for state governments.
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For years we’ve been told that the driver of upward economic mobility and the antidote to sticky wages is a higher minimum wage. When we consider the impact high price floors have on demand, we can see a too-high minimum wage comes at the cost of jobs.
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How much would you pay to access ABC content? Nearly all Aussie households subscribe to at least one streaming service. Is it time for the ABC to adopt a similar 'user-pays' model?
Read MoreSmall businesses will suffer if governments mandate a ‘vaccinated only’ policy, in which customers are prevented from visiting venues without first proving they have been double-jabbed against Covid-19. It’s a cost cashed-up chains may absorb but—when forced on ma and pa joints with ever-shrinking margins—will be yet another nail in the coffin for struggling small businesses.
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Are the increasingly-desperate attempts by major banks to hobble cryptocurrencies symptomatic of the death throes of the banking behemoths?
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Getting kids to play outside is a tough ask for any parent in the digital age, where screen time is king. Now, the Victorian Government has emerged as the latest obstacle in their fight (literally).
A twenty-five year career in anything is an achievement. In Federal Politics a very rare one. The Labor Party’s Joel Fitzgibbon, member for the seat of Hunter since 1996 deserves congratulations for more than just his resilience and perseverance.
Read MoreBy Xin Yuan Quek | The Spectator
Australians are fighting for survival because of bad policies, it’s hardly the time to introduce more of them.
Read MoreThe OECD has long railed against what they consider to be the “problem” of international tax competition. The Brussels-based bureaucracy has argued that tax competition puts downward pressure on tax rates, as countries compete to attract mobile labour and capital investment. Their latest response is to argue for a global tax minimum of 15% for all developed countries, which would force some countries (such as Ireland & Hungary) to increase their company tax rates, and would prevent other countries from cutting taxes “too much”. This is a bad idea.
Read MoreLast week the Business Council of Australia (BCA) released a report about the need for higher productivity in Australia, which included a series of suggestions. They are certainly right that Australia needs to refocus our economic discussion on the crucial issue of productivity (instead of the fool’s gold of “stimulus”), but unfortunately they fail to address the key drivers of productivity.
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Another week of lockdowns blithely announced by public servants who have no comprehension of how business works. One imagines McDonalds and Starbucks are rubbing their hands together knowing that another tranche of small hole-in-the-wall coffee shops will be wiped out
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By Dr. John Humphreys
The NSW budget echoes the mistakes of the federal and Victorian budgets with reckless spending and unnecessary deficits for years into the future.
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By Xin Yuan Quek | The Spectator
Superannuation looks beautiful on paper, but actually limits workers’ freedom to choose how they want to use their money. Some workers may accrue savings in their super, but others may be struggling to pay their bills in the present time
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By Xin Yuan Quek | The Daily Telegraph
The Biden administration is considering a scheme that would levy a carbon tariff on Australia. A carbon tax or tariff would kill jobs. We should instead embrace science and innovation to safeguard our economy while protecting the climate.
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By Emilie Dye | The Spectator
Income tax is easy to calculate. But filing your taxes and sending your dues the ATO is only the beginning. Australians are taxed not only on their earnings but also when they spend and when they save. Sometimes we even pay tax on taxes.
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By Emilie Dye | Townhall
No one likes to think about people being unable to pay rent and losing their homes. But as I learned in high school reading Henry Hazlitt, “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” And the eviction moratorium, which the CDC extended this week for the second time, completely ignores landlords.
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