Norweigian oil rig. Black Inc. Books

Book Review: Trillion Dollar Baby

Paul Cleary makes a good case as to why Australia should follow Norway as an example of how to tax miners in Trillion Dollar Baby.
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Interactive: profiles of the cabinet and shadow cabinet

We asked our experts to appraise the political and policy performances of the federal cabinet and shadow cabinet.
Malcolm Turnbull (right) will replace Tony Abbott (left) as Australia’s prime minister after a partyroom spill. AAP

Turnbull defeats Abbott, set to become prime minister: experts respond

The Conversation’s experts react to Malcolm Turnbull’s defeat of Tony Abbott in a ballot for the Liberal Party leadership.
Shadow Assistant Treasurer Andrew Leigh has said the GST is as inefficient but less equitable than income tax. AAP Image/Mick Tsikas

FactCheck: is the GST as efficient but less equitable than income tax?

The Shadow Assistant Treasurer, Andrew Leigh, has said the the Government’s latest tax discussion paper says the GST is as inefficient as income tax, adding he thinks it’s less equitable. Is that right?
Prime Minister Tony Abbott says an inquiry into iron ore competition “could make sense”. Alan Porritt/AAP

Competition the wrong test for iron ore inquiry

While it’s easy for the large miners to argue increased iron ore production is business as usual, the overall cost to the sector warrants a closer inspection.
Fortescue Metals Group founder Andrew Forrest has suggested iron ore miners cap production, but it might have been unnecessary had he supported a well-designed mining tax. Julian Smith/AAP

Why Twiggy Forrest should have got behind a super profits tax

Had the mining industry engaged differently on the proposed mining super profits tax, it would be in a better position today.
Selling reform to voters has proven challenging for the Prime Minister, but there are alternative options. Nikki Short/AAP

Governments paying price for ‘do it now or die’ approach to reform

The move to challenge the leadership of Prime Minister Tony Abbott, coming soon after the shock Queensland election outcome, has in some quarters been blamed on a lack of appetite for reform on the part…
Rio Tinto’s West Angelas mine, a joint venture with Japanese interests, is facing a new record low iron ore price. Alan Porritt/AAP

Iron ore race to the bottom not in the interests of Australians

The world’s biggest iron ore producer, Vale, has announced its intention to expand production despite a falling price. This follows similar announcements by Rio Tinto and BHP. This expansion in production…
Queensland Premier Campbell Newman has the support of his federal government colleagues to privatise assets, but the electorate remains unconvinced. Dan Peled/AAP

Making the case for selling off Queensland’s power assets

Queensland’s Campbell Newman-led coalition will seek a mandate to privatise the electricity sector, along with two ports and water pipelines, in next year’s state election, despite it being rejected by…
Communications Minister Malcolm Turnbull is revisiting well-trodden telecommunications competition issues. Gary Schafer/AAP

Turnbull leaves door open to break up NBN Co

Communications Minister Malcolm Turnbull has not ruled out a proposal by the expert panel reviewing the telecommunications industry to break up and sell off parts of NBN Co. However Mr Turnbull, responding…
Joe Hockey greets Sydney Institute executive director Gerard Henderson ahead of a speech arguing the merits of the budget. Dan Himbrechts/AAP

Hockey’s fairness lecture won’t help him fix the budget

One month on, the job of selling Australia’s budget continues. Treasurer Joe Hockey argues criticism of the budget has been unfair and misguided, akin to class warfare. He has countered the critics by…
The states have signed on to a capital recycling deal but finding projects to apply it to could prove challenging. Alan Porritt/AAP

Capital recycling plan good in theory, difficult in practice

The provision of new infrastructure is a high priority for the Abbott government. It is a worthy cause. New infrastructure will ensure we remain competitive in the international market. Reducing logistics…
Tony Abbott wants to be known as the ‘infrastructure prime minister’. David Crosling/AAP

Infrastructure spending to blame for budget shortfalls

The “massive infrastructure gap” prime minister Tony Abbott has set out to fix does not exist, according to new analysis of state and territory budgets by the Grattan Institute. The analysis found states…
Sydney’s Cross City Tunnel has gone into voluntary administration twice since it was opened, and the government has become embroiled in legal action to recover costs. AAP/Dan Himbrechts

Political costs trash public‑private infrastructure benefits

Last week’s Productivity Commission draft report on public infrastructure made a number of useful recommendations about getting projects assessed and delivered on time. But the report does not go far beyond…
Treasurer Joe Hockey admits the government’s ‘open for business’ promise must be followed up with action. Alan Porritt/AAP

Abbott’s ‘open for business’ honeymoon is over

From a three-and-a-half year high last month, business confidence data for October shows the post-election honeymoon is over, with business conditions continuing to underperform in non-mining sectors…
Rudd needs to rebuild a relationship with the business community. AAP

What can Rudd do to win back business?

The relationship between the former Gillard government and business reached a very low point when last March, a peak business body complained that the business community was being treated with “a complete…
The Business Council of Australia’s call for long-term thinking is moving in the right direction, but wants both expensive spending programs and lower taxes.

Business lobby yearns for a long‑term view, but offers a contradictory wish list

There is much to consider when thinking about our future as a nation. We are a small, resource-rich, open economy facing a volatile global environment. We are particularly vulnerable to the impact of climate…
Federal treasurer Wayne Swan welcomed the report. AAP Image/Alan Porritt

Broaden GST and cut industry subsidies: OECD

Australia’s robust economy makes it the “Iron Man” of the developed world but the government should hike the GST rate and apply it more broadly, according to a new OECD report released today. “Tax reforms…

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