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The annual Ross Parish Essay Competition is now accepting submissions. First Prize is $1,500!! [click here] for more information
NEW Issue Analysis 99
Government Intervention in Mortgage Finance:
The Case Against ‘AussieMac’
Stephen Kirchner
It has been suggested that the federal government should sponsor an institution, dubbed ‘AussieMac’, to acquire RMBS to promote the continued functioning of these markets. This paper argues that the AussieMac proposal is unlikely to deliver significant benefits for Australian home buyers and that government intervention in the market for mortgage-backed securities is an inefficient way of promoting housing affordability.  [read more]
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NEW Issue Analysis 98
The Bipolar Pacific
Helen Hughes and Gaurav Sodhi
Australians have become accustomed to bad news from the Pacific islands but there appear to be two Pacifics. One group of islands has managed to grow, including the Cook Islands, French Polynesia, Guam, New Caledonia, Samoa and Tonga. A second group of islands, including Fiji, Papua New Guinea, Solomon Islands and Vanuatu, have stagnated at best. [read more]

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siricoThe 10th Acton Lecture on Religion and Freedom
On Monday July 21, Father Robert Sirico presented the Acton Lecture on the topic: Must Religion be a Threat to Liberty?
[click here] to read the transcript of the lecture.
[click here] to watch the video version of the lecture.

   
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8 September
An ‘AussieMac’ won’t help home buyers says Stephen Kirchner in the Australian Financial Review
 
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