This report argues that in Australia’s low tariff-rate environment, the costs of the tariffs arise primarily from the complexity of the tariff system, rather than from distortions to the economy. These costs are in addition to the tariff itself and increase costs of businesses, and eventually, prices to consumers.

In Australia, national and foreign cultural heritage is protected by our laws. Australian cultural property objects are significant to the nation’s identity. It is important all cultural heritage items are imported and exported legally.

This report identifies where supply chain disruptions could occur in Australia, and looks at targeted policy options to protect local supply chains.

The COVID-19 pandemic has exposed how dependent Australia has become on selling basic minerals and agricultural commodities, and how reliant Australian consumers are on imported knowledge intensive goods. This paper examines the response to these revelations in Victoria.

China has recently overtaken the U.S to become the world largest importer of crude oil. In light of this fact, this paper formally compares contributions of demand shocks from China, the U.S and the rest of the world. It finds that China's influence on the real price of oil has increased over the past two...