Gary Banks


Whatever happened to ‘evidence based policy making’?

Few within government would deny that evidence-based policy-making is important to achieving good outcomes. Australia’s history provides ample support for that. But it is also apparent that practice over the past decade has fallen short of the ideals espoused.
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The productivity challenge and 'the PCs'

Professor Banks’ lecture discusses a wide range of productivity challenges in Australia, as well as the potential role of productivity commissions in helping to address them.

Advancing the reform agenda: selected speeches

In the decade and a half since the Productivity Commission was formally established, it has completed 110 inquiries and other commissioned studies and made some 1500 policy recommendations to governments. All of these recommendations were made because the Commission judged that their implementation would enhance...

Explaining the housing market puzzle

• In August 2003, the Treasurer asked the Productivity Commission to conduct a public inquiry into the affordability of housing for first home buyers. • The backdrop: – since 1996, house prices had more than doubled; 80% up in real terms (half of which in...

Public inquiries and public policy: some reflections

Public policy can be hard, both technically (what to do?) and politically (how to get it done?). Australian governments have often made use of public inquiries or reviews to assist them in these respects. The results, however, have been mixed. Based on theory and evidence...
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