About
Articles
Monographs
Working Papers
Reviews
Archive
Contact
 
 

An Independent Commission of Budget Integrity

The Business Council of Australia has included a report by Stephen Bartos making the case for an independent Commission of Budget Integrity in its pre-Budget submission to the government. Bartos references a similar proposal by Robert Carling and I on the subject, as well as earlier work by Nic Gruen, which drew on a 1996 proposal by Larry Ball when Larry was visiting the RBNZ.

The report does something we did not do, which is to cost the proposal. Bartos puts a 30-40 member commission with two executives and a board at $10m a year. To put this in perspective, it is less than the extra $15m the ABS wants to increase the frequency of the CPI from a quarterly to monthly release.

posted on 14 February 2011 by skirchner in Economics, Fiscal Policy

(0) Comments | Permalink | Main

| More

Next entry: Sealand, HavenCo, and the Rule of Law

Previous entry: Atlas Shrugged Movie Trailer

Follow insteconomics on Twitter