Welcome to Australia Institute's Ask an Economist -- with Matt Grudnoff, senior economist at the Australia Institute, and Richard Denniss, chief economist at the Australia Institute.
Our viewer questions this week:
1. Is there any evidence on a macro scale that tax cuts are stimulatory? And is there any evidence from anywhere in the world that economic stimulation through tax cuts increases tax revenue?
2. Anecdotally, increased protections for renters introduced during the Covid crisis - like freezes on rent increases & evictions - are causing landlords to sell up, reducing the number of rental properties available. Won't this hurt renters by reducing rental properties and pushing up rents?
3. The mining industry and its advocates are often claiming that mining is a really important industry regionally. They claim it makes up more than half of the income in some regions. Is this true? How important is the mining industry both to Australia and to the regions?
Don't forget to send in your questions! // Email a voice memo to mail@australiainstitute.org.au with 'Ask an Economist' in the subject line.
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