
Slashing payroll tax in remote areas and allowing foreign airlines to service poorly connected regional centres are among key reforms suggested at this year’s first Bush Summit.

Rather than new justifications to raise and spend money, however well-intentioned, the challenge must be to rein in the size of government and remove it as an obstacle to decision-making by private enterprise.

The oil giant’s chief executive Mike Wirth warns against rushing away from fossil fuels, arguing the world faces serious consequences if it abandons existing energy systems too quickly.

The report finds Australia has a more than $110 billion red-tape burden, which is holding back investment and major projects critical to Australia’s economic success.

Politicians no longer want to do the hard policy work of growing the economic pie through productivity-boosting reforms to generate prosperity.

Here’s a wicked political dilemma: When faced with the choice, do you tell a hard truth and risk losing votes, or mouth a popular mantra and lose your soul?