There is a strong political and economic case for the government to cut its support for private insurance and to restore Medicare to its original role. Lukas Coch/AAP

Health funding: something else for Turnbull to worry about

The Turnbull government must reconcile the political sensitivity of Medicare and the need for fiscal discipline.
Prime Minister Malcolm Turnbull, meeting with state leaders today, says if we were starting from scratch we’d tax differently. Lukas Coch/AAP

Australia doesn’t need eight different income tax rates

There’s no need to abandon the current tax collection system. Instead we should ensure the voting public understand where their taxes are going.
Medicare exists to ensure all Australians have fair and equal access to health care regardless of risk factors. Private health insurers don’t necessarily have the same objective. AAP/Mick Tsikas

Why bother trying to make private health insurers do what Medicare does?

A new survey, which is part of a widespread government consultation on private health insurance, has caused a stir by suggesting health insurers might be able to set premiums based on health risk factors…
“The problem is we have an over-reliance on personal income tax to support our revenue base. Our largest source of tax revenue is personal income tax.” AAP/Lukas Coch

Is Hockey right when he says we are over‑reliant on personal income tax?

Treasurer Joe Hockey is right when he says Australia’s taxation level is the second highest among OECD countries. But when it is compared to GDP, it’s a different story.
When Treasurer Joe Hockey presents the budget next week it will be worth reviewing the language he and Prime Minister Tony Abbott use about government spending. Lukas Coch/AAP

Busting the myth that Australia has ‘big government’

Despite the rhetoric that Australia needs to reign in government spending, we’re actually out of step with other developed economies.
Economist Ian Harper has delivered the final report in the most comprehensive review of competition law and policy in more than 20 years. Mark Graham/AAP

Harper makes case for competition overhaul: experts react

The removal of restrictions on retail trading hours, pharmacies and parallel imports, and a controversial “effects test” on existing misuse of market power rules are among the many recommendations contained…
Most hospitals in Norway and Sweden are government-owned. Ariadna De Raadt/Shutterstock

Creating a better health system: lessons from Norway and Sweden

Australia has a relatively strong health system by international standards, but it needs a makeover. To generate fresh ideas, The Conversation is profiling five international health systems that have important…
Rudd’s legal wrangles: political theatre, but beside the point when it comes to improving public programs. AAP Image/Dan Peled

Rudd humbled, but real lessons of insulation scheme go unlearned

It’s understandable that coverage of Kevin Rudd’s appearance before the royal commission into the home insulation program should focus on the image of a former Prime Minister humbled over a policy that…
The government seems indifferent to inequality. Lukas Coch/AAP

Hockey’s budget message: work longer, not smarter

Over the last few years our economic debate has focused on the budget deficit and government debt, displacing other aspects of economic policy. To Labor’s cost Wayne Swan made the deficit the centrepiece…
Investors who remember former floats of government entities might be excited by the prospect of a Medibank Private IPO. Dean Lewins/AAP

Medibank Private IPO: no sure thing for investors

The proposed sale of Medibank Private is not popular, but as I wrote last year, and as Finance Minister Mathias Cormann points out, it’s hard to find public policy grounds to justify ongoing public ownership…
The United States, which relies heavily on private health insurance, spends 18% of its GDP on health care, well above the OECD average of 9%. Shutterstock

Private insurance reliance means countries pay more for health care

Ahead of the May budget, health minister Peter Dutton has said he wants to start “a national conversation about modernising and strengthening Medicare”. A national conversation would be welcome, but is…
The Senate committee into the Commission of Audit heard from Treasury’s Nigel Ray as well as academics, unions and business organisations as part of an inquiry into the Commission’s scope and workings. AAP/Alan Porritt

Audit Commission should consider revenues, hearing told

The Abbott Government’s Commission of Audit should consider revenue raising measures as well as reviewing expenditure, a Senate inquiry has heard today. The Commission has been tasked with “[making] recommendations…
Prime Minister Tony Abbott and Industry Minister Ian Macfarlane have drawn a line in the sand on industry assistance…or have they? Alan Porritt/AAP

SPC Ardmona decision is fiscal policy disguised as industry policy

Announcing the decision to refuse assistance to SPC Ardmona, Industry Minister Ian Macfarlane said: “I think it is a clear delineation of where this government believes we need to go with industry policy…
Commissioners of the Abbott government’s Commission of Audit Robert Fisher, Tony Shepherd, Amanda Vanstone and Peter Boxall faced a Senate hearing yesterday, but little was revealed. AAP/Lukas Coch

Audit Commission’s secrecy and haste makes for bad policy

Treasurer Joe Hockey expected yesterday’s public hearing into the Commission of Audit would be a “show trial” and a “stunt”. And at face value he was right. Those who hoped Tony Shepherd or the other Commissioners…
A proposal to sell off Australia Post has caused controversy. AAP

Privatisation: economic nous beats partisan stoush

Australians returning from holidays to work this week were met with headlines reading: “ACCC calls for big asset sell-off”. Australian Competition and Consumer Commission chief Rod Sims had reportedly…
Countries relying on private health insurance, such as the United States, pay far more for health care. Kate Ter Haar

Six reasons why Australia needs a single national health insurer

We have come to see private health insurance as an essential part of the national health funding mix, but it’s actually quite a costly way to fund health care. A well-designed system with a single national…
Graeme Samuel retired from the ACCC in 2011, but says the watchdog is the only real oversight the government has over businesses like Australia Post, which he says should be privatised. AAP/Andrew Taylor

Don’t expect fast reform: Graeme Samuel

Australia’s reform agenda has stalled, according to former Australian Competition and Consumer Commission chief Graeme Samuel, and we won’t see any serious reform attempts for some time. The election of…
There’s no evidence to back up the claim the Australian Government has become too large. nicsuzor/Flickr

The Commission of Audit’s first job should be to kill itself off

A supposition behind the Commonwealth’s Commission of Audit is that government has become “too large”. The first paragraph of the Commission’s terms of reference sets the context, stating: During this…

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