Category Archives: Wasteful Spending

The public cost of supporting those who game the welfare system

This is how the welfare system works: it is as if someone has moved into your house, uses your kitchen, bathroom and one bedroom, but doesn’t contribute to the groceries or help to pay the rent. There may be reasons … Continue reading

Posted in Australian Story, Wasteful Spending | 81 Comments

Where I agree with Richard Denniss …

Richard Denniss – chief economist at The Australia Institute – has a column at the AFR.  This time he has some comments I agree with – getting soft in the old age. There are 750,000 unemployed people in Australia, up … Continue reading

Posted in Economics and economy, Oppressive government, Taxation, Wasteful Spending | 50 Comments

David Leyonhjelm: Alternative Budget 2017-18

There is an old joke about a tourist in Ireland who asks a local for directions to Dublin. The Irishman replies: ‘Well sir, if I were you, I wouldn’t start from here’. Treasurer Morrison could find some insight from that … Continue reading

Posted in Guest Post, Wasteful Spending | 59 Comments

Pots, kettles and plain packaging surveys

The Labor party were having a bit of fun in estimates this week: Taxpayers contributed $640,000 to a book edited, written and published by Bjorn Lomborg and his Copenhagen Consensus Centre which was ridiculed in Senate Estimates on Thursday as … Continue reading

Posted in Budget, Hypocrisy of progressives, Plain Packaging, Wakefield data, Wakefield Study, Wasteful Spending | 6 Comments

David Leyonhjelm on growth and productivity

Op ed in The Fin last Friday. When the new Reserve Bank Governor testified before a parliamentary committee recently, some Labor politicians who love big-spending saw an opportunity. They quizzed him on the global failure of low interest rates to … Continue reading

Posted in Budget, Economics and economy, Finance, Guest Post, Wasteful Spending | 17 Comments

Government spending creates government jobs

The federal department that is meant to help Australian business is pouring almost half its budget into its own administration, leaving taxpayers with a $150 million annual bill before a cent has been spent on expanding local ­employment opportunities. Source.

Posted in Australian Story, Budget, Wasteful Spending | 22 Comments

David Leyonhjelm on the Government’s balance sheet

The Commonwealth Government was $70 billion in the black at the end of the Howard era. It is now $265 billion in the red, equivalent to $11,000 for every single Australian. And as each new budget brings a deficit, we … Continue reading

Posted in Budget, Economics and economy, Guest Post, Rafe, Wasteful Spending | 49 Comments

HECS for PECS?

Jason Murphy has an argument over at News.com that we hear from time to time: WHEN Australia’s Olympic team entered the stadium in Rio in Saturday’s Opening Ceremony, it was a moment of intense national pride. But for me that … Continue reading

Posted in Australian Story, Budget, Wasteful Spending | 41 Comments