"So yes, when the government says that, it's just nonsense. And we have an inflation problem. It's almost, I think it's 3.5%, which was the latest figure, or 3.6 was the headline one. But when you take out the volatile items, which is always worth doing because there's always things coming in and out in terms of subsidies, it's almost 4%, which is the highest in the Western world actually."
The Institute of Public Affairs (IPA) is an independent Australian think tank dedicated to promoting economic and political freedom through research, publications, and public discourse. As a non-profit organization, the IPA has been a prominent voice in shaping public policy debates since its establishment in 1943.
The IPA's primary focus areas encompass government and politics, energy, culture and society, world affairs, and finance and economy. Through its team of researchers and analysts, the institute examines critical issues from the lens of free market principles, limited government, evidence-based policymaking, and the rule of law.
The IPA's coverage is multifaceted, ranging from analyzing government announcements and legal policies to citing data and offering opinion editorials. Its research outputs include a diverse array of publications, such as research papers, opinion pieces, and the long-running IPA Review magazine, which has garnered recognition for its quality.
While the IPA maintains an independent stance, it is funded through individual memberships, subscriptions, and contributions from philanthropic and corporate donors who align with its principles.
The institute's work is disseminated primarily through its private company website and print publications, reaching policymakers, academics, businesses, and engaged citizens interested in shaping Australia's economic and political landscape.