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This paper discusses the history of cash refunds of excess franking credits, and the impact abolition would have on taxpayers, markets and revenue.
Socialism brings poverty and oppression. The ignorance of so many as to why only a market economy is capable of bringing prosperity and political freedom is a major problem. Too many believe a socialist utopia can be achieved if only the right people took the...
This resource argues that there is evidence of growing complacency and reform fatigue, including backsliding on fiscal policy in Australia.
This paper proposes steps to move the Federal budget back to surplus in the short term.
The new Abbott government should address its self-identified budget emergency by cutting wasteful spending now. Reducing government will also help prepare Australia for its future...
The federal government, with the support of the opposition, has sought to strengthen Australia’s anti-dumping and countervailing system against cheap foreign imports. If this leads to a sustained increase in anti-dumping actions, it will mark the end of a downward trend in Australia’s use of...
High growth in health spending is the area of public expenditure that will unsustainably increase the size of government in coming decades.
This report, part of the Centre for Independent Studies' TARGET30 campaign, outlines some practical policies that can help cut Medicare down to...
In 2010–11, Australia’s welfare state, which includes health, education and income support payments, accounted for approximately $316 billion in government expenditure and 65% of total government expenditure.
By way of comparison, Australia’s three levels of government received $358 billion in tax revenue in 2010–11,...
This report introduces a campaign for reducing government spending to 30% of GDP.
Key points:The size of government in Australia (federal, state and local) has been steadily expanding over the last 40 years, reaching into areas far beyond the core government...
Since the Labor Government replaced WorkChoices with the Fair Work Act , many business leaders have complained that the new legislation has made the labour market inflexible and unworkable. Conversely, some union leaders have voiced their disappointment that the Fair Work Act did not go...