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Victoria's electric vehicle tax and the theory of the second-best

Written by John Quiggin, Professor, School of Economics, The University of Queensland

Alexandru Nika/Shutterstock

One of the central ideas in tax policy is the principle of the second-best.

Economic theory gives us a good idea of what an ideal tax system would look like, given our objectives. But in real life, things fall short.

It might be thought that piecemeal reform, moving some taxes closer to the ideal, would be a step in the...

Could a ‘grey swan’ event bring down the AI revolution? Here are 3 risks we should be preparing for
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Traditions of Rural Bali at Villa Sabana
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Owners are officially no longer responsible for tourism accidents on their land – but they never really were
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Traits of Successful Entrepreneurs
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Lessons in AI: How LoanOptions.ai Shows What Smart Adoption Really Looks Like

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Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

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Thryv wins national accolade at 2025 Australian Service Excellence Awards

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pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

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Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

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