Richard Denniss

Dr Richard Denniss is chief economist at The Australia Institute, a Canberra think tank,

Scott Morrison.

Good debt, bad debt, and ugly politics

This week Scott Morrison killed off yet another of Tony Abbott's slogans. The budget emergency is now dead, and the Treasurer assures us that we now live in the era of 'good debt' and bad debt'.

I suspect when Treasurer Scott Morrison talks about the "taxed and the taxed nots'', he isn't thinking about rich, ...

Scott Morrison reverts to type

A retired bank CEO with $10 million in his super pays zero tax each year. Nada. Zip. He wouldn't even pay the Medicare levy.

Richard Denniss.

Disruptive power

The Productivity Commission is criticising the Trans Pacific Partnership, the head of the Australian Competition and Consumer Commission is criticising privatisation, and the electricity industry is worried that competition from renewables might deliver lower prices to consumers. What on earth is happening to the Neo-liberal 'agenda'?

Malcolm Turnbull faces a dilemma over how to boost the government's budget bottom line.

Turnbull must be careful what he wishes over budget deficit

The last thing an Australian economy with rising unemployment needs is for the government to reduce the budget deficit. Yet the first thing some people in the Coalition want Malcolm Turnbull to do is to reduce the budget deficit. If he oversees a slowing economy and rising unemployment he will be blamed. And if he oversees an increase in the budget deficit he will be blamed. Ouch.