The fact is that, unless the intellectual case for market reforms and free trade is made rigorously and repeatedly, there will be a tendency towards massive state intervention via higher taxation in the marketplace. And that, inevitably, will retard our economic recovery.
Implementing structural productivity-enhancing reforms will demand leadership and skill of the highest order. Why not end our over-reliance on incentive-sapping income tax? Why not modernise the enterprise bargaining system to drive wages through productivity gains? Why not cut the regulatory burden that confines big projects in costly red tape? And why not implement road pricing to deal with urban congestion?
CIS has long championed pro-entrepreneurial policies, which will define our new Pandemic to Prosperity Project. That is why CIS will continue to lead the way advancing sound evidence-based reform that our leadership can implement to ensure a more prosperous Australia in the post-crisis era.