The John Hyde Archives
Historic archive of articles and newspaper columns written by former Australian politician John Hyde.
1983
The NFF and the Balderstone Report
Protectionism Industrial Relations Regulations Trade
- The report states that Australia's comparatively efficient agriculture is burdened with unnecessary regulation.
- It is in Australia's interest that the agricultural industry propers while remaining efficient.
- Australian agriculture suffers a considerable burden placed upon it by protected industries and trade unions and is under the mercy of international prices.
Australia Writ Small
Protectionism Trade Regulation
- Both Australia and New Zealand have high import barriers.
- Min price arrangements and export incentives are poor means of re-allocation of the nation's (New Zealand) resources.
- Both nations have adequate natural advantages that are blunted by government intervention.
Closer Economic Relations
- To prevent trade is to penalise both buyers and sellers.
- The Closer Economic Relations (CER) with New Zealand will benefit Australia more as New Zealand has to adjust its trade barriers as compared to Australia.
When is a Wage Freeze not a Freeze?
Industrial Relations Economics
- Wages must increase less than prices.
- High wages decrease demand
The 1983 Budget
- How much of the damage done by the previous budget can be undone.
- Displaying fiscal responsibility will enable the govt to be re-elected.
Unknown
Budget Fiscal Policy Monetary Policy
- A budget deficit is an unsatisfactory way to increase money supply.
- The prime role of a deficit is to conceal politicians' expenditures so that they can appear to be better managers than they actually are.
Unknown
- Political restructuring is essential and part of the process.
- In a commercial setting, people "vote" using their dollars. It is then wrong that their votes are confiscated by limiting their choices to certain anointed candidates in a political setting.
- If Australia is unable to accept steady restructuring of our industries in accordance to market demands, then bloody restructuring becomes necessary when we become impoverished.
Double Dipping and the ACTU
- A double dipper is a person who cashes in their superannuation and draws the old age pension.
- Inequitable to have two benefits and most beneficiaries are relatively well to do.
Foreign Investment
- Investors are only interested in Australian investments that perform better than elsewhere.
- No investment can take place without the foreign buyer and Australian seller gaining something.
- As long as there are investments that Australians are unwilling to finance, foreign investments will provide jobs and additional incomes.
The opposition and the Mini Budget
- If Labour does a better job of managing the economy, then the Liberal party will be in opposition for a long time.
Grimes Summit Speech
- High taxation, universal welfare approach is not the best way of coping with poverty and cannot be financed long-term.
- Expectations of a pension discourages saving and investment.
Labels - an easy way to discredit but they count
- A more relevant classification of politics should be whether you believe that choice should be exercised by individuals or to be exercised on their behalf.
- Vested interests are only wrong when governments pander to them.
About
John Hyde is a former Australian politician. He was elected as the member for the Division of Moore in Western Australia for the Liberal Party.
John Hyde is the author of Dry: In Defence of Economic Freedom.