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New Agenda for Prosperity
The Melbourne Institute and The Australian were pleased to host their fifth joint Economic and Social Outlook Conference on Thursday 27 and Friday 29 March 2008.
DAY ONE, THURSDAY 27 MARCH 2008
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8.45 - 9.30am |
Session 1: Plenary, Copland Theatre, Economics and Commerce Building |
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Official Opening |
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Chair: Professor Stephen Sedgwick, Director, Melbourne Institute
Professor Glyn Davis AC, Vice-Chancellor, The University of Melbourne |
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Keynote Address |
Chair |
Professor Glyn Davis AC, Vice-Chancellor, The University of Melbourne |
Speaker |
The Hon Kevin Rudd MP, Prime Minister
Title: Towards A Productivity Revolution: A New Agenda Of Micro-Economic Reform For Australia (Speech) |
9.30 - 10.45am |
Session 2: Plenary |
Copland Theatre, Economics and Commerce Building |
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The Challenges of Growth
Will the
China
boom continue? As the Reserve Bank lifts interest rates rise and
Canberra
hands out tax cuts, can
Australia
’s long growth cycle continue in the face of inflationary pressures at home and a possible
US
credit-crunch recession abroad? W
hat has to be done to reinvigorate productivity growth?
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Chair |
Professor Stephen Sedgwick, Director, Melbourne Institute
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Speakers |
Mr Philip Glyde, Executive Director, Australian Bureau of Agricultural and Resource Economics
Title:
The challenges of growth: Will the boom continue? (Presentation)
Mr Chris Richardson, Director, Access Economics
Title:
Budgeting for the ’burbs (Presentation)
Mr Gary Banks AO , Chairman, Productivity Commission
Title: Riding the Third Wave: some challenges in national reform (Presentation) [paper] |
10.45 - 11.15am |
Morning Tea |
11.15 - 12.35pm |
Session 3: Plenary |
Copland Theatre, Economics and Commerce Building |
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Is Australia Advancing Fairly?
Australia has never been richer. But has the boom bypassed substantial areas of society?
How should policy better promote opportunity on the disadvantaged edges of widespread prosperity? |
Chair |
Ms Melinda Cilento, Deputy Chief Executive, Business Council of Australia |
Speakers |
Mr Tony Nicholson, Executive Director, Brotherhood of St Laurence
Title: Sustaining Prosperity and Advancing Fairness (Presentation) [paper]
Professor Peter Saunders, Social Research Director, Social Foundations, The Centre for Independent Studies
Title: What Future for the Marginalised Minority? (Presentation)
Professor Mark Wooden, Deputy Director and Director, HILDA Survey, Melbourne Institute
Title: Advance Australia Fair: What Does HILDA Say? (Presentation)
Hon Dr Geoff Gallop, Professor and Director, Graduate School of Government, The University of Sydney
Title: "Is Australia Advancing Fairly?" (Paper) |
12.45 - 2.15pm |
Lunch |
Grand Buffet Hall, Union House |
Chair |
Mr Michael Stutchbury, Deputy to the Editor-in-Chief (Business), The Australian |
Speaker |
The Hon Wayne Swan MP, Treasurer
Title: Modern Federalism and Our National Future (Speech) |
2.30 - 4.00pm |
Session 4: Concurrent |
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Session 4A: Is there a Housing Crisis?
Is the rising cost of home ownership a real crisis - or are Australians paying the price of borrowing too heavily? Is the housing problem concentrated among lower-income first home owners or renters? How should policy respond?
Wood Theatre, Economics and Commerce Building |
Chair |
Professor Julian Disney, Chair, National Affordable Housing Summit |
Speakers |
Associate Professor Judith Yates, Associate Professor, Department of Economics, The University of Sydney
Title: Australia's Housing Affordability Crisis (Presentation)
Mr Anthony Richards, Head, Economic Analysis Department, Reserve Bank of Australia
Title: Some Observations on the Cost of Housing in Australia (Presentation)
Mr Bill Evans, General Manager, Economics, Westpac Banking Corporation [Presentation]
Dr Frank Gelber, Chief Economist and Director, Economics and Property, BIS Shrapnel
Title: Is therre a Housing Crisis? (Presentation) |
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Session 4B: From Welfare to Work
Unemployment has fallen to generational lows just as labour force participation has risen to record highs. What more can be done to shrink the pools of the long-term unemployed, disability pensioners and jobless families?
Theatre 2, Economics and Commerce Building |
Chair |
Professor Guay Lim, Professorial Research Fellow, Melbourne Institute |
Speakers |
Mr Michael Horn, Senior Manager, Research and Policy, Brotherhood of St Laurence
Title: Rethinking Employment Assistance to Strengthen Social and Economic Participation (Presentation) [Paper]
Professor Robert Gregory AO, Professor of Economics, Economics Program, Research School of Social Sciences, The Australian National University
Title:
Stumbling through the Mist of the Australian Labor Market and Welfare System (Presentation)
Dr Hielke Buddelmeyer, Research Fellow, Melbourne Institute
Title: Some observations on labour market transitions and welfare-to-work (Presentation)
Mr Andrew Johnson, Executive Director, Australian Council of Social Services
Title: From Work First to Work Capacity:A new Participation Agenda for people of workforce age (Presentation) |
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Session 4C: Education Revolution
The Rudd government has proclaimed its commitment to an education revolution. What kind of revolution is required to make education more relevant and effective from pre-schools and schools to skills training and universities?
Copland Theatre, Economics and Commerce Theatre |
Chair |
Professor Stephen Sedgwick, Director, Melbourne Institute |
Speakers |
Professor Collette Tayler, Chair of Early Childhood Education and Care, Melbourne Graduate School of Education, The University of Melbourne
Title: Why is Early Childhood Education and Care a new direction for Australia? (Presentation) [Paper]
Professor Geoff Masters, Chief Executive Officer, Australian Council for Educational Research
Title: Four Imperatives for a Revolution in School Education (Presentation)
The Hon Tony Smith MP, Shadow Minister for Education, Apprenticeships and Training
Smith's speech on educational reform (Speech)
Professor Richard Larkins AO, Vice-Chancellor and President, Monash University
Title: What Kind of 'Revolution' in School Education? (Presentation)
Mr Eric Sidoti, Director, The Whitlam Institute |
4.00 - 4.30pm |
Afternoon Tea |
4.30 - 6.00pm |
Session 5: Plenary |
Copland Theatre, Economics and Commerce Building |
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After the Apology
The Rudd Government says it is now focussed on ‘practical’ measures to combat indigenous disadvantage. What does this mean for the Howard Government’s ‘intervention’ in the
Northern Territory
? What are the results so far? Can the model be applied elsewhere?
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Chair |
The Hon Fred Chaney AO, Chair, Desert Knowledge Australia |
Speakers |
The Hon Jenny Macklin MP, Minister for Families, Housing, Community Services and Indigenous Affairs
Macklin's indigenous welfare speech (Speech)
Professor Marcia Langton AM, Chair of Australian Indigenous Studies, The University of Melbourne
Title: Poverty in the midst of plenty: using the new federal approach to overcome Indigenous disadvantage in Australia (Presentation)
Professor Ian Anderson, Director, Onemda VicHealth Koori Health Unit and the Centre for Health and Society, The University of Melbourne
Title: The Health Component of "The Intervention": Key questions for Evaluation (Presentation)
Mr Galarrwuy Yunupingu AM, Senior Gumatj Elder |
7.00 for 7.30pm |
Gala Dinner
Ballroom, Park Hyatt Melbourne, 1 Parliament Place off Parliament Square, Melbourne |
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Chair: Mr Paul Kelly, Editor-at-Large, The Australian
Professor Ross Garnaut AO, Garnaut Climate Change Review and Professor of Economics, Research School of Pacific and Asian Studies, The Australian National University
Garnaut's speech on climate change (Speech) |
Day Two, Friday 28 March 2008 |
8.30 - 10.00am |
Session 6: Plenary |
Copland Theatre, Economics and Commerce Building |
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The Infrastructure Catch-Up
After the fiscal consolidation of the 1990s, infrastructure investment is undergoing a catch-up. But are the regulation, pricing and governance of basic infrastructure still hindering the economy’s supply lines? |
Chair |
Mr George Megalogenis, The Australian |
Speakers |
The Hon Anthony Albanese MP, Minister for Infrastructure, Transport, Regional Development and Local Government
Title: Our Infrastructure Catch-Up (Speech)
Dr Michael Keating, Chairman, Independent Pricing and Regulatory Tribunal
Title: Infrastructure: What is needed and how do we pay for it? (Presentation) [Paper]
Mr Rod Sims, Director, Port Jackson Partners Limited
Title: Releasing the infrastructure handbrake (Paper)
Mr Garry Bowditch, Executive Director, Infrastructure Partnerships Australia
Title: The Infrastructure Catch up (Presentation) |
10.00 - 10.30am |
Morning Tea, Basement, Economics and Commerce Building |
10.30 - 12.00pm |
Session 7: Concurrent |
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Session 7A: Making Hospitals Work
Short term injections of cash may relieve some of the symptoms of the ailing health system. But can changed funding arrangements end the buck passing and improve the health of Australians?
Copland Theatre, Economics and Commerce Building
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Chair |
Professor James Angus, Dean, Faculty of Medicine, Dentistry and Health Sciences, The University of Melbourne |
Speakers |
The Hon Nicola Roxon MP, Minister for Health and Ageing
Ms Mary Ann O'Loughlin, Director, The Allen Consulting Group
Title: Making hospitals work (while not stuffing up the rest (Presentation)
Dr Stephen Duckett, Executive Director, Reform and Development Division, Queensland Health
Title: Making (public) hospitals work (Presentation)
Professor Anthony Scott, Professorial Research Fellow, Melbourne Institute
Title: Making Hospitals Work: Chronic Problems and Untried Solutions (Presentation) |
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Session 7B: The Broadband Impasse
What is needed to turn the political football of broadband into the investment required to produce substantially faster internet speeds? Should the dominant telco be regulated more or less?
Wood Theatre, Economics and Commerce Building |
Chair |
Ms Jennifer Hewett, National Affairs Correspondent, The Australian |
Speakers |
Senator the Hon Stephen Conroy, Minister for Broadband, Communications and the Digital Economy
Mr Graeme Samuel AO, Chairman, Australian Competition and Consumer Commission
Mr Ravi Bhatia, Chief Executive Officer, Primus Telecom
Title: High Speed Broadband in Australia (Presentation)
Mr Donald McGauchie AO, Chairman, Telstra Corporation Ltd
Title: The Broadband Impasse (Presentation) |
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Session 7C: Tax Reform
Both the Hawke-Keating and Howard Governments delivered major tax reform. As the boom delivers big increases in revenue, what should be the Rudd Government’s tax reform agenda? Is fresh thinking required?
Theatre 2, Economics and Commerce Building |
Chair |
Mr Alan Wood, Economics Editor, The Australian |
Speakers |
The Hon Malcolm Turnbull MP, Shadow Treasurer
Malcolm Turnbull's full speech (Speech)
Professor John Freebairn, Professor of Economics, Department of Economics, The University of Melbourne
Title: Reforming State Taxes (Presentation) [Paper]
Professor Paul Kerin, Professorial Fellow, Melbourne Business School
Title: Why We Should Slash the Tax Burden (Presentation) [Paper]
Professor Neil Warren, Head of School, Australian School of Taxation (Atax), The University of New South Wales
Title: Tax Policy Future Shock: Arrivederci good tax design? (Presentation) [Paper]
Mr Tim Cox, Partner, PricewaterhouseCoopers |
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Session 7D: David Finch Lecture
Professor Richard N. Cooper
Understanding Global Imbalances
Large global imbalances are a natural consequence of globalisation of financial markets and significant demographic change (and high oil prices). We should not be surprised by or anzious about them, and should be wary of proposals for policy actions to eliminate them.
This particular session is free and open to the public. For more information about this particular session, please contact Anthea Barry on 03 8344 2603 or email [email protected] |
Chair |
Professor Margaret Abernethy, Dean, Faculty of Economics and Commerce, The University of Melbourne |
Introduction |
Mr Ian Renard, Chancellor, The University of Melbourne |
Speakers |
Professor Richard N. Cooper
Richard N. Cooper is Mauritis C. Boas Professor of International Economics at Harvard University. He is Vice-Chairman of the Global Development Network, and a member of the Trilateral Commission, the Council on Foreign Relations, the Executive Panel of the US Chief of Naval Operations, and the Brookings Panel on Economic Activity. He has served on several occasions in the US Government, and was chairman of the Federal Reserve Bank of Boxton from 1990-92. As a Marshall Scholar, he studied at the London School of Economics, and earned his PhD at Harvard University. |
12.00 - 1.30pm |
Lunch, Grand Buffet Hall, Union Building |
Chair |
Professor Peter McPhee, Provost, The University of Melbourne |
Speaker |
The Hon Dr Brendan Nelson MP, Leader of the Opposition (Speech) |
1.45 - 3.15pm |
Session 8: Concurrent |
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Session 8A: Innovation and Research
The Rudd government has firmly put reform of Australia’s innovation and research systems on its agenda. What does the government intend? What is needed?
Copland Theatre, Economics and Commerce Building |
Chair |
Dr Mike Woods, Commissioner, Productivity Commission
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Speakers |
Senator the Hon Kim Carr, Minister for Innovation, Industry, Science and Research (speech)
Professor Alan Robson AM, Vice-Chancellor, The University of Western Australia
Mr Hutch Ranck, Managing Director, DuPont Australia and New Zealand
Title: Improving Australia’s Innovation Performance is Essential for Our Future Prosperity (Presentation)
Dr Rowan Gilmore, Chief Executive Officer, Australian Institute of Commercialisation
Title: Innovation and Research Trends in Research Commercialisation (Presentation)
Professor Peter Høj, Vice-Chancellor and President, The University of South Australia
Title: Innovation and Research Session (Presentation)
Mr Charles Laycock, Chief Executive Officer, Iatia Vision Sciences
Title: Innovation (Presentation) |
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Session 8B: Boosting Labour Supply
Has the economy reached ‘full employment’, or can policies on immigration, childcare, mature workers and training boost labour supply much more?
Wood Theatre, Economics and Commerce Building |
Chair |
Professor Judith Sloan, Commissioner, Australian Fair Pay Commission |
Speakers |
Mrs Heather Ridout, Chief Executive, Australian Industry Group
Innovation (Presentation)
Mr Jeff Lawrence, Secretary, Australian Council of Trade Unions
Associate Professor Guyonne Kalb, Principal Research Fellow, Melbourne Institute
Title: Encouraging Labour Supply at Different Stages of the Life Cycle (Presentation)
Dr Andrew Leigh, Fellow, Economics Program, Research School of Social Sciences, The Australian National University
Title: The Economics of Labour Shortages (Presentation) |
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Session 8C: Dealing with the Regulatory Burden
The new government has promised to stem the explosion of business regulation. Can this really be done? Are there big gains in just making regulation better?
Theatre 2, Economics and Commerce Building |
Chair |
Dr Gary Banks AO, Chairman, Productivity Commission |
Speakers |
The Hon Lindsay Tanner MP, Minister for Finance and Deregulation
(Speech)
Mr Henry Ergas, Regional Head Asia Pacific Region, CRA International
Title: Regulatory reform and Regulation Impact Statements: Challenges and future prospects (Presentation)
Dr Stephen King, Commissioner, Australian Competition and Consumer Commission
Dr Nicholas Gruen, Chief Executive Officer, Lateral Economics
Title: Regulation and the dilemmas of central planning (Presentation) |
3.15 - 3.30pm |
Afternoon Tea, Basement, Economics and Commerce Building |
3.30 - 5.00pm |
Session 9: Plenary |
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The Environmental Constraint |
Copland Theatre, Economics and Commerce Building |
Chair |
Mr Matthew Warren, Environmental Writer, The Australian |
Speakers |
Mr Peter Cosier, Director, Wentworth Group of Concerned Scientists
Title: The Economics of Nature (Presentation)
Dr Steve Hatfield-Dodds, CSIRO Sustainable Ecosystems
Title: Winning the war against error ... reflections on prosperity and climate change (Presentation)
Mr Alan Johnston, Assistant Commissioner, Environmental and Resource Economics, Productivity Commission
Title: Towards urban water reform: a discussion paper (Presentation)
Mr David Pearce, Director and Principal Policy Analyst, The Centre for International Economics
Title: Emissions trading: some hard questions (Presentation) |
Discussants |
Mr Mitchell Hooke, Chief Executive, Minerals Council of Australia
Professor Mike Young, Director, Research Chair, Water Economics and Management, The University of Adelaide
Title: A future-proofed Basin (Paper) |
5.00 - 5.15pm |
Closing Session |
Copland Theatre, Economics and Commerce Building |
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Mr Paul Kelly, Editor-at-Large, The Australian |
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