During the COVID-19 pandemic, the Australian government allowed eligible individuals to withdraw up to $20,000 (around half median annual wage income), across two tranches, from their retirement accounts, ordinarily inaccessible until retirement. This paper examines the consequences for people's retirement savings.

Australian taxpayers display reference-dependent preferences when filing their tax returns - they bunch at positive and salient thresholds. In this paper, the authors develop a model of taxpayer behaviour to show that bunching heterogeneity reflects both differences in preferences and the rate at which the marginal cost of reducing one's tax liability increases.

This paper outlines four policy areas that could provide tremendous potential for Australia to improve its economic development.

This discussion paper proposes a straightforward and achievable tax reform—a standard deduction—that would lift billions of dollars worth of dead weight off taxpayers' shoulders every year.

Many Australians receive very little protection from income risk due to unemployment. A significant portion of people live paycheck-to-paycheck. This discussion paper outlines a new proposal to better support Australians experiencing unemployment.