Author Archives: Henry Ergas

About Henry Ergas

Henry Ergas AO is a columnist for The Australian. From 2009 to 2015 he was Senior Economic Adviser to Deloitte Australia and from 2009 to 2017 was Professor of Infrastructure Economics at the University of Wollongong’s SMART Infrastructure Facility. He joined SMART and Deloitte after working as a consultant economist at NECG, CRA International and Concept Economics. Prior to that, he was an economist at the OECD in Paris from the late 1970s until the early 1990s. At the OECD, he headed the Secretary-General’s Task Force on Structural Adjustment (1984-1987), which concentrated on improving the efficiency of government policies in a wide range of areas, and was subsequently Counsellor for Structural Policy in the Economics Department. He has taught at a range of universities, undertaken a number of government inquiries and served as a Lay Member of the New Zealand High Court. In 2016, he was made an Officer in the Order of Australia.

Even the innocent are lost to this virtual lynch mob

Today in The Australian Eric Schneiderman, the attorney-general of New York who resigned on Monday just hours after being accused of sexual misconduct, apparently suffers from Portnoy’s Complaint, which Philip Roth defined, on the first page of his novel by … Continue reading

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Karl Marx: flawed visionary sowed seeds of clarity and chaos

Today in The Australian Karl Marx, who was born on May 5, 1818, has not had much luck with centenaries. When his first centenary was celebrated in 1918, the international socialist movement he had fought so tirelessly to create had … Continue reading

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Financial system will be rebooted only to fail again

Today in The Australian If there is a lesson to be drawn from the trail of horrors uncovered by the banking and financial ser­vices royal commission, it is the folly of forcing ever greater financial risk on to people who … Continue reading

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We love a big Australia — but not so fast

Today in The Australian It is true that Melbourne, with just half London’s population, covers six times London’s area, as Shaping a Nation, the research paper on migration released earlier this week by the Treasury and the Department of Home … Continue reading

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Kevin Rudd’s 2020 summit symphony fell flat

Today in The Australian Listening, on the eve of its 10th anniversary, to recordings of the Rudd government’s 2020 Summit, it was hard not to be reminded of Rossini’s quip about Wagner. “One cannot judge Wagner’s ­Lohengrin from a first … Continue reading

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Trump’s tariffs, China’s attitude spell trouble for world trade

Today in The Australian For all his bellicose rhetoric, ­Donald Trump’s trade policy is not a major departure from the traditional American stance. But with China mounting an aggressive response, the world trading system is under greater threat than it … Continue reading

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Labor could make all super earnings taxable but that would require political honesty

Today in The Australian After a week of taxation claim and counterclaim, 10 propositions are essentially uncontested. First, Labor’s elimination of the full reimbursement of imputation credits will replace a system where dividends received by Australian residents are taxed at … Continue reading

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Shorten’s squeeze on nest eggs benefits nobody

Today in The Australian When imputation credits were made fully reimbursable, Labor wasn’t merely supportive — it was positively gushing. Calling attention to the benefits full reimbursement would provide to a “low-income person who earns a little investment income”, Peter … Continue reading

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CFMEU thugs emboldened by Bill Shorten’s embrace

Today in The Australian Bill Shorten has a plan for dealing with union thuggery: he will make it legal. Addressing members of the Construction Forestry Mining and Energy Union last October at Queensland’s Oaky North coalmine, where CFMEU protesters allegedly … Continue reading

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Forget Putin, we need to fear Russia’s weaknesses

Today in The Australian Like Casablanca’s Captain Renault, who was “shocked, shocked” to discover gambling was taking place at Rick’s nightclub, the Democrats on the US House of Representatives’ intelligence committee have barely been able to contain their outrage at … Continue reading

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