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Person

David Hetherington

Report

What price stability? Market design in the Australian banking sector


Few subjects in the public debate are more emotive than banking. Bankers’ actions, pay and profits have been ferociously dissected in the wake of the Global Financial Crisis (GFC). In Australia, we were fortunate that our banking system and broader economy survived the crisis in good health. But banks’ behaviour here continues to attract scrutiny...
Report

After the party: how Australia spent its mining boom windfall


In the first decade of the century, Australia struck it lucky. A voracious global appetite for commodities meant that we could sell unimaginable quantities of our mineral resources at unimaginable prices. The result was a windfall to our public coffers of at least $180 billion over the six years from 2002 to 2008. To borrow...
Report

Towards a fair go: design challenges for an NDIS


Examining the barriers to the provision of adequate care and support to people with disabilities in Australia, this paper proposes a high-level outline for a National Disability Insurance Scheme and improved coverage within existing accident insurance programs. The paper identifies four explanations for the current inadequate levels of care and support: 1) partial failure of...
Discussion paper

Memo to a progressive Prime Minister: Leadership for the long-term


The reforms of the 1980s and 90s have worked their way through our economy and our society. We have enjoyed their benefits, but the jump in living standards they enabled has now faded from memory. This has been replaced by a dangerous complacency which holds that future reform to sustain living standards is no longer...

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