Despite the Federal government’s historically corrective efforts to minimise income inequality, the desirability for the optimal equity-efficiency balance has not yet been achieved, leading to stifled economic growth. This article analyses Australia’s income inequality and the mechanics and value of a negative income tax.

Australia’s Safeguard Mechanism was implemented to correct climate change externality. However, from an economic lens, the Safeguard Mechanism (SGM) presents multiple inefficiencies in its mechanisms. This article explores why this may be the case and analyses the merit of an alternative Cap-and-trade policy.

Stage 3 income tax-cuts are currently being implemented to reduce the total tax paid by Australians and lower surging bracket creep. However, many decision makers have the view that this policy has wider implications to economic growth, through its ineffectiveness and significant costs to achieving efficiency and equity. This article analyses the implications of Stage 3 tax cuts to equitable distribution and efficiency of distribution. 

The Federal Government’s proposed legislations targeting vaping reforms have made headlines for all types of reasons. Perhaps the most notable of those have been pro-tobacco groups, who have submitted claims of rebound lobbying against the Federal decision. This article explores the implications of lobbying efforts in the vaping market to the Australian economy, using an economic interpretation.