The newly released report from the Victorian government’s Gas Taskforce is not surprising, given a recent article by its chair, writes Matt Grudnoff.

The idea that more flexible workplaces promise advantages to all is not new. For decades, Australians have been told that with the aid of new technologies, we can “work smarter, not harder” to achieve a better work-life balance and greater productivity. Goodbye to rigid nine-to-five office-based regimes. Employees will be able to negotiate working arrangements that

Social policy and conservative debt management policy do not always go well together and a good example is the question of what to do with outstanding student debt. Why would private interests want to buy it? It only increases by the CPI and would perform poorly as a financial investment. A term account with a

At the moment the Abbott government’s position on foreign investment is being put to the test. GrainCorp is subject to a takeover bid by American company Archer Daniels Midland (ADM).  This bid has received approval from the Australian Competition and Consumer Commission (ACCC) and we now await the decision of Treasurer, Joe Hockey.

Do you think cars are better than planes? What about apples? Are apples better than sandwiches? It is hard to answer some questions because they don’t make much sense. Take our political debate about climate change, for example.

Peter Reith, Paul Howes and Innes Willox think lifting the ban on fracking in Victoria will stop gas prices from rising. Sorry guys, but you’re wrong. To think that more gas is going to stop the price going up misunderstands why the gas price is rising.

While capitalism was built on the notion that new companies and industries would destroy old ones, the modern version of capitalism is far more clubby, far more polite and far less innovative. Innovative branding and marketing strategies are okay, but it seems the emergence of whole new industries would be going a bit too far.

Tax is the price we pay to live in a civilised society. It is what funds our health system, our education system and our public transport infrastructure. Tony Abbott has just asked the head of the Business Council of Australia to advise him on how much we should spend on those things. Not surprisingly, the

The issues of coal seam gas and free trade are combining to create a perfect storm for the National Party, and in turn, the Coalition government. Tony Abbott obviously saw the clouds on the horizon before the election and responded by declaring that a Liberal would hold the Trade portfolio for the first time since

Just as those in the world of Harry Potter refused to utter Lord Voldemort’s name for fear of their lives, the gas industry appears equally frightened of using the words ‘coal seam gas’ for fear it might hurt its profits. But just as calling Voldemort ‘He-Who-Must-Not-Be-Named’ didn’t make him disappear, calling coal seam gas (CSG)

If something sounds too good to be true, it probably is. Last week, Port Waratah Coal Services (PWCS) chief executive Hennie du Plooy said in the Newcastle Herald that the proposed Terminal 4 project (T4) would “inject $770million a year into the regional economy during construction and another $418million a year” when operating. I don’t

Despite decades of debate, many economists can’t agree with each other about fundamental issues. We can’t agree what causes unemployment, we can’t agree what fixes it and we can’t agree whether we should run deficits when the economy slows down. Careers could be made on the length of some unresolved disputes with colleagues. Lawyers, on

If you believe the recent media reports about the composition of the Senate from July 1 next year, you’d think we were facing three years of the Clive Palmer’s Palmer United Party (PUP) “bloc” holding the Abbott government to ransom. But there are two important reasons to view such reports with scepticism…

While the Coalition is yet to turn around a boat carrying asylum seekers, it has already made a stunning turnaround on the issue of government debt. Having raged against the ALP’s high-taxing, high-spending ways for the past six years Joe Hockey now wants us to be a bit more sophisticated in our approach to public finance. After spending years

Earlier this month the Greens lost more than 500,000 of the 1.6 million voters who supported them in 2010. Earlier this week Greens leader Christine Milne lost six of her most senior staff, including her chief of staff who cited fundamental strategy differences as the reason for his departure. Senator Milne, on the other hand,

If you can create a “crisis”, offer a snake oil solution, and make a lot of money out of both, then you are onto a good thing. All the better if you can blame someone else for causing it in the first place. That’s exactly what the coal seam gas industry is doing, in partnership

Winston Churchill once said, “never let a good crisis go to waste”. The gas industry clearly agrees with him. It has taken a problem of its own making and turned it into a reason why Australians should ignore all their concerns about coal seam gas and let the industry drill wherever it likes. And if

The carbon price has become the ultimate political symbol. But has this helped or harmed the cause for those who support it? For many progressives this symbol was so potent that they ran a “say yes” campaign for it even before they knew what it would entail. Regardless of the emission reduction targets or the generosity

A common response from progressive Australians to electoral defeat is to threaten to move to New Zealand.  Just what moving to a country with a weaker economy, worse weather and a conservative government is supposed to achieve is typically left unsaid.  There is no doubt that if he sticks to his word there will be

Australia has listened, it has voted and it has decided. Australia wants political arrangements ‘other’ than what the major parties intended. It’s not what Sophie Mirabella expected before being ‘outgunned’ by the independent forces of Cathy McGowan and Tony Windsor. It’s not what ALP faceless man, Don Farrell, expected when he gave up his number

Small reforms to Senate preference voting could deliver a better and more stable system for everyone. A simple solution would be to ensure that parties which polled below a threshold, say 2 per cent, could disburse but not receive preferential votes. Such an approach would ensure no votes were “wasted” but at the same time

The export gas multinationals are no friend of Australian manufacturing. There is only one reason that the gas prices are set to at least double over the next few years – gas export companies will force Australian consumers to compete with the Asian market for gas. That’s the true cost of opening up coal seam

When Ford announced it would close its Melbourne plant at a cost of about 1200 jobs, the nation went into shock. But where is that shock now as Tony Abbott promises to shed at least 12,000 more public-sector jobs than Labor? What’s worse is that he’s making this pledge in the middle of an election

If tax is the price we pay to live in a civilised society it seems that neither of the major parties have high hopes for the communities they say they want to build in northern Australia. Prime Minister Kevin Rudd is suggesting that companies based in the Northern Territory should face a reduced company tax

The word productivity will be used countless times in this election campaign but the issue of our investment in science will be lucky to get its 24-hour news cycle in the sun. And while business groups are often critical of governments for being focused on the short term, they are not calling for increased funding

With polls showing we may be on track for another minority government, suddenly we seem surrounded by cries of “not another hung parliament”. And segments of the media and business are again raising exaggerated fears about the “risk and uncertainty” or “instability and short-termism” that will accompany such an outcome. But the fact is that

When politicians lie, make things up or simply get important things wrong, we take for granted that it is the role of their political opponents to highlight such errors. Our politicians are so focused on each other’s words that a mere slip of the tongue can become a news story for days. This isn’t so for

Australian universities have been reaping the benefits from taking international students for years. But is that the way it will always be? What if the countries those students come from turn the tables on the cash strapped western universities and ask them to bid for the work?

Prime Minister Kevin Rudd’s announcement that the carbon price is now a quarter of what was forecast is good news; the question is, for whom? Rather than crippling, the impact of the carbon price is barely even irritating for most polluters. Compared with the impact of the high exchange rate since 2007, the carbon price

Australia used to have very high protection rates for its manufacturing industries. Historically tariff quotas on motor vehicles meant that Australian car prices were double the prices for equivalents overseas. Many other manufactured goods were sold at multiples of the prices in overseas markets. Australia like many other countries imposed very high tariffs on most