Monthly Archives: April 2011

A great big (banana) tax

Banana prices are a ridicu­lous $14–15 per kg. for only one rea­son; the out­ra­geous ban on imports that reg­u­lar­ly deliv­ers mas­sive sub­si­dies direct­ly from con­sumers’ pock­ets to this tiny group of grow­ers. Aus­tralian Banana Grow­ers Coun­cil chief exec­u­tive Jonathan Eccles told The Aus­tralian that grow­ers were get­ting up to $10/kg whole­sale. That, he said, was […]

An eminent economist

After a dis­tin­guished career that has seen sig­nif­i­cant con­tri­bu­tions to pub­lic pol­i­cy for­mu­la­tion through more than three decades, Gar­naut finds him­self, at 64, more piv­otal than ever. As he grap­ples with his respon­si­bil­i­ty it is worth observ­ing he lacks one qual­i­ty also miss­ing in every oth­er econ­o­mist: infal­li­bil­i­ty” Extract from “A bril­liant career, but cer­tain­ly […]

PC to consider protection for retailers

Retail­er Ger­ry Har­vey had to eat crow ear­li­er this year when his angry cus­tomers (and scorn­ful com­peti­tors) trashed his cam­paign to elim­i­nate the GST con­ces­sion on imports pur­chased on-line. Now, if you read only the report in today’s Aus­tralian news­pa­per, it seems that the Pro­duc­tiv­i­ty Com­mis­sion may be giv­ing com­fort to Harvey’s attack on house­hold […]