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Carbon tax obviously the better option

Australian Financial Review, 27/02/2010, 62

Extract: The failure of Copenhagen to produce a successor to the Kyoto treaty has undermined the justification for a quantity-type approach to emissions reduction, such as an emissions trading scheme, and instead pointed towards a price-type approach, such as a carbon tax. Unlike the ETS, a carbon tax is simple and direct and is unable to show the volatility which has troubled the European carbon trading market. Another important benefit is that a carbon tax could be made part of an international approach, using harmonised price-type instruments such as those already developed by the World Trade Organisation in fiscal and trade policies. David Byers is chief executive of the Committee for Economic Development of Australia.

Click here to read the whole article on CEDA online magazine Australian Chief Executive. 

Fraser warns of jobless recovery

Australian Financial Review, 27/02/2010, 5

Extract: Queensland Treasurer Andrew Fraser yesterday warned that the state may undergo a jobless recovery this year before unemployment starts to fall. Speaking to a Committee for Economic Development of Australia lunch, Mr Fraser said the state government would not back down from its $15 billion privatisation program.

Reporting on the event QLD Economic & Political Overview, QLD 26/02/2010

We're not alone on climate

Advertiser (Adelaide), 24/02/2010, 63

Extract: Louise Hand, speaking at a Committee for Economic Development of Australia lunch in Adelaide yesterday, said more than 30 countries already had an emissions trading scheme in place, and 69 countries, as part of the Copenhagen Accord, had submitted targets for greenhouse gas reductions by 2020.

Reporting on the event Post-Copenhagen: Where to from here, SA 23/02/2010

Take a broader view: RBA

Australian Financial Review, 19/02/2010, 28

Extract: The Reserve Bank of Australia says economists should examine a broad range of inflation measures each quarter when the Australian Bureau of Statistics inflation figures are next released. RBA Assistant governor Phil Lowe told a Committee for Economic Development of Australia conference in Sydney yesterday that the central bank looked at many measures of underlying inflation rather than the two that many market economists relied upon. NAB Capital says the next clues on RBA concerns will come today when Glenn Stevens delivers his semi-annual address to Parliament. Deutsche Bank says the RBA's job requires "a lot more judgement than just averaging numbers."

Reporting on the event Economic and Political Overview 2010, NSW 18/02/2010

Boom times back as China keeps on growing: Reserve

The Age, 19/02/2010, 4

Extract: Dr Lowe told the Committee for Economic Development of Australia the global financial crisis has left its with a "twospeed world": slow growth in Europe, the US and Japan, but rapid growth in developing Asia, especially China.

Reporting on the event Economic and Political Overview 2010, NSW 18/02/2010

Economy to ride on Asia's back, says the Reserve

Sydney Morning Herald, 19/02/2010, 6

Extract: The Australian economy finds itself in a much better position than the other advanced economies," Mr Lowe said at a Committee for Economic Development of Australia conference.

Reporting on the event Economic and Political Overview 2010, NSW 18/02/2010

Private party

Courier Mail, 4/02/2010, 34

Extract: UQ academic John Quiggin, a critic of the State Government's arguments for its asset sales program, didn't quite regrow the luxurious beard he once sported or pull out the placards at yesterday's CEDA seminar at Brisbane's Hilton Hotel.

Reporting on the event Privatisation of Public Assets: The Debate QLD Has To Have, QLD 3/02/2010