Enterprise

Jan132017

Industry super is Australia's biggest closed shop

MRC Director of Policy and Research Andrew Bragg writes in The Australian Financial Review:

As The Australian Financial Review's Chanticleer column noted in December, declining union membership has not limited the growth or campaign capacity of the modern incarnation of the union movement.

The likes of Getup, Industry Super Australia (ISA) and a bunch of think tanks pursue reckless anti-business policy, naked rent seeking and hypocrisy.

Three examples have emerged …

Jan042017

Welfare for millionaires: unions defend the indefensible

MRC Director of Policy and Research Andrew Bragg writes in The Australian Financial Review:

Australian unions are campaigning to retain pensions for millionaires while opposing a pension boost for battlers.

When properly exposed, this overreach should further erode sagging union membership.

The broader consequences of the misinformed pension debate should elevate sensible players to fill the unions' void but also make it harder to fix long-term budget problems.

The …

Dec202016

MYEFO: interest payments on ballooning debt to hit $20bn a year

Original article by David Crowe in the Australian  

The annual interest bill on federal debt will soar beyond $20 billion by 2020 as the nation counts the cost of deeper deficits, wiping out opportunities to put more cash into hospitals, schools and transport.

The cost of servicing the gross debt, revealed in yesterday’s budget update, will be enough in a single year to build 10 regional hospitals or four mammoth projects such as the Badgerys Creek airport in …

Dec192016

MYEFO will show Australia becoming a banana republic unless we reform

Tony Shepherd writes in the Australian Financial Review

The era of the Lucky Country is coming to an end as Australia approaches $350 billion in Commonwealth debt this year. Debt which is funding recurrent expenditure. There is no hope of recovery without serious reform which needs to address the fundamental role of government in Australia.

With the release of the Mid-Year Economic and Fiscal Outlook (MYEFO) today, all Australians must now acknowledge we are living …

Dec192016

Tony Shepherd issues banana republic warning

Original article by Jacob Greber in the Australian Financial Review

The head of the former Abbott government's budget audit commission, Tony Shepherd, has warned Australia is becoming a "banana republic" and that Monday's budget update will confirm the nation is living beyond its means.

Until Australians recognise and understand the scale of the problem it will be difficult to achieve meaningful change, Mr Shepherd writes in an opinion piece for The Australian …

Dec182016

The MRC announces the Shepherd Review - Press Release

Press Release - 18 December 2016

Click here to download the official Press Release

 

MRC ANNOUNCES SHEPHERD REVIEW

18 December 2016 – The Menzies Research Centre (MRC) has commissioned an independent review of the nation’s economic challenges in an effort to address Australia’s current cycle of high debt, low growth and slowed investment.

A Review Panel, led by Tony Shepherd AO will develop a list of national challenges aimed at encouraging enterprise, initiative, innovation and a competitive …

Dec132016

The modern-day Blob sliming Australia’s jobs and growth (with video)

(scroll down for gallery and video) 

In the late 1950s, cinema audiences worldwide were terrified by a mythical monster from outer space known as The Blob, which was shown oozing its way to destruction and mayhem across small-town USA.

On the big screen, police and citizens couldn’t find a way to kill the blob. In fact, the best they could achieve was putting this snail-paced assassin into long-term hibernation somewhere in the Arctic circle.

On 13 December 2016, …

Dec062016

Business lobby outgunned by trade unions, left-wing think tanks: Menzies Research Centre (with audio)

Original article by ABC's Senior Business Correspondent Peter Ryan  

Australia's once influential business lobby is now "completely outgunned" by trade unions and left-of-centre think tanks, according to a growing force in conservative policy development and debate.

The Liberal Party-aligned Menzies Research Centre has reignited questions about a schism between business lobby groups, including the Business Council of Australia (BCA) which has been criticised …

Dec062016

Anti-business forces outgun the pro-business groups by 3-to-1

Original article by Tony Boyd in The Financial Review:

When Andrew Bragg was employed by the Menzies Research Centre to develop an enterprise policy agenda his first task was to work out what he was up against.

He started by adding up the amounts of money being spent each year by organisations with an "anti-business" agenda. He wanted to compare it to the amount spent by those in favour of business.

Bragg was not surprised to find that the left-leaning organisations …

Nov282016

Taking on the anti-growth brigade requires business to stand up and fight

MRC Director of Policy and Research Andrew Bragg writes in The Financial Review:

Despite a small domestic marketplace, Australia is the world's twelfth-largest economy. We rely upon open markets and the rule of law to trade our wares to the rest of the world: from iron ore to milk powder and financial services.

To succeed in global markets, our businesses must be efficient, nimble and competitive. Our country's fuel is strong enterprise policy.

Yet a sick culture has …

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