The Stutchbury Sessions

At the Centre for Independent Studies' annual Liberty and Society student conference, 38 students from Australia and New Zealand explored classical liberal philosophy, free markets and social cohesion through talks and debates led by leading scholars and former officials. Speakers traced the historical shift from Keynesian to pro-market ideas, discussed free speech and the rule of law, and challen...

In this Stutch Sessions episode Parnell Palm McGuinness, author of the CIS report Generation Trapped, explains how young Australians (18–34) split into six distinct 'tribes' all still aspire to homeownership, family, meaningful work and financial security, but feel blocked by high housing costs and limited agency. The conversation covers the political fallout from recent tax changes (capital gains...

Watch here: https://youtu.be/NpXfg20UPWg As Treasurer Jim Chalmers prepares to hand down his fifth federal budget on 12 May 2026, four of Australia's leading economists gather at the Centre for Independent Studies to ask: is this budget up to the challenge? Hosted by CIS Executive Director Michael Stutchbury, this roundtable brings together Robert Carling (CIS Senior Fellow, former Treasury and IM...

As much as anything, the Centre for Independent Studies’ first 50 years has been dedicated to restraining the growth in the size, reach and financing of government to provide room for private enterprise and individual choice.  Now, as in the mid-1970s, the size of government has been ratcheted up. And politicians are increasing taxes to pay for it.   This week, CIS senior fellow Robert Carling has...

Grim reality of the NDIS leviathan “It will start big and get bigger and grow to become the new leviathan of the Australian welfare state,” CIS scholar Andrew Baker further predicted of Labor’s National Disability Insurance Scheme in his  2012 policy monograph. Even the Productivity Commission failed to pick the looming NDIS fiscal disaster from the worthy goal of providing support to permanently...

The hard lesson of Australia’s protectionist past is that propping up uncompetitive and high cost industries invariably poses a burden on other sectors, including on the mining, gas and farm exporters that actually support our prosperity.   👉 Join CIS: 🔹 Become a member: https://www.cis.org.au/membership-2-step-1/ 🔹 Make a donation: https://www.cis.org.au/support/donate/today/ 🔹 Learn more: ht...

Donald Trump’s threats to destroy the ‘whole civilisation’ of Iran this week jarringly contrasted with the out-of-this world American achievement of sending a four-member crew as far from Earth as any humans had gone.  👉 Join CIS: 🔹 Become a member: https://www.cis.org.au/membership-2-step-1/ 🔹 Make a donation: https://www.cis.org.au/support/donate/today/ 🔹 Learn more: https://www.cis.org.au/ 

Australia’s new economic decline is colliding with the breakdown of the liberal rules-based orders for global trade and security. The post-pandemic and oil shock push for more sovereign capability and supply-chain self-reliance will eat into national income just as living standards are under pressure. Resolving this tension will require more, not less, of the pro-market —or neo-liberal — policy ag...

I was in Canberra this week, in part to hear International Energy Agency head Fatih Birol warn that today’s oil price shock will rival the twin Middle East energy shocks of the 1970s.  The 1973 and 1979 shocks promoted using smaller and more fuel-efficient vehicles. And it prompted a wave of nuclear energy development in Japan, Europe and North America. Today’s oil price shock will have comparable...

RBA governor Michele Bullock has jacked up her cash rate by 25 basis points for the second month in a row because of two words that can strike fear into the heart of central bankers: “inflation expectations”.  What does this mean for you?  👉 Join CIS: 🔹 Become a member: https://www.cis.org.au/membership-2-step-1/ 🔹 Make a donation: https://www.cis.org.au/support/donate/today/ 🔹 Learn more: htt...

The criticisms and characterization of the 50% capital gains tax discount over many years have been full of misunderstandings, myths and distortions in the conventional narrative on how capital gains tax works, how it compares with the capital gains tax that it replaced in 1999, and the economic consequences of making the capital gains tax burden heavier. The myths and distortions are biasing the...

Shortly before 7pm on Sunday, a Hanukah celebration on Sydney’s Bondi Beach was attacked by two alleged gunmen, believed to be a father and son. At the time of recording, 16 people aged between 10 and 87 are confirmed dead, including one of the alleged attackers, and at least 42 others are being treated in hospital for their injuries. In this episode of  The Stutchbury Sessions , Michael Stutchbur...

In this episode of  The Stutchbury Sessions: Michael Stutchbury examines Senator Andrew Bragg’s provocative event at CIS on the future of housing policy — a speech that openly challenged the Liberal Party’s long-standing comfort with rising house prices and called for an unapologetic YIMBY agenda to win back younger voters.  👉 Join CIS: 🔹 Become a member: https://www.cis.org.au/membership-2-step...

 In this episode of The Stutchbury Sessions: Are the Liberals sabotaging their path back to government by walking away from net zero? Or are they facing reality about Australia’s costly clean-energy transition? In this episode, we dissect whether the Coalition’s internal divisions on climate and energy policy are overshadowing Labor’s failure to retain Australia’s traditional cheap energy advantag...

Is the 2020s an echo of the 1970s for classical liberalism? In this episode of The Stutchbury Sessions , Michael Stutchbury recaps the CIS Consilium, exploring how free enterprise, free trade, and limited government are under assault from both the left and the populist right. Featuring insights from Andrew Neil on the plight of mainstream conservatism and Dave Rubin on the liberal side of MAGA, St...

Subscribe to The Stutchbury Sessions on  Apple ,  Spotify ,  Amazon ,  iHeartRadio ,  PlayerFM  or listen in your  browser .   Where is the line between risk and regulation? In this episode of The Stutchbury Sessions , Fred Roeder from the Consumer Choice Center dives into how consumers should stand against overregulation and embrace technological innovation for a more prosperous and free future....

Subscribe to The Stutchbury Sessions on  Apple ,  Spotify ,  Amazon ,  iHeartRadio ,  PlayerFM  or listen in your  browser .   In this episode of The Stutchbury Sessions, host Michael Stutchbury reflects on his recent conversation with Sir Frank Lowy — the 95-year-old founder of the Westfield shopping centre empire and one of Australia’s most successful 20th-century immigrants. Speaking from his S...

Australia’s “renewables honeymoon” is ending and the energy bill is coming due. In this episode of The Stutchbury Sessions, we unpack the myth that government planning can fix every problem, from the $52 billion NDIS blowout to Labor’s net zero ambitions. Drawing on Friedrich Hayek’s timeless warning against the “conceit of planners,” Michael Stutchbury explores how Australia’s big-spending polici...

Iron, Ideas, and Abundance: Supply Side Mistakes and Lessons  This week on The Stutchbury Sessions, Michael reflects on his recent visit to Western Australia, the engine room of the nation’s prosperity.  From the billion tonnes of iron ore dug out of the Pilbara to the decades-long export ban that once kept Australia poor, this episode revisits how lifting restrictions unlocked one of the greatest...

Why are Australians voting for bigger government? In this episode of The Stutchbury Sessions, we explore the paradox of a wealthy nation choosing more handouts, higher spending, and larger public debt. From cost-of-living subsidies to universal childcare, Australians are increasingly embracing policies that expand the welfare state, even as they fuel deficits and weaken productivity. Drawing on CI...

Feed your intelligence with policy research and commentary designed to enhance our liberal democracy. Join Michael Stutchbury and guests every Thursday for your 10 minute briefing.  In Australia, a growing sense of polarisation is erupting, evident in the recent 'March for Australia' rallies, where tens of thousands voiced concerns over mass migration's impact on housing, infrastructure, and wages...

In this inaugural edition, CIS Executive Director and former Editor-in-Chief of the Australian Financial Review, Michael Stutchbury, outlines how Australia once enjoyed extraordinary prosperity, built on bipartisan reforms of the 1980s and 1990s that liberalized markets, cut tariffs, and opened the economy to global competition. Yet, since prosperity peaked in 2011–12, signs of decline have mounte...

Join Michael Stutchbury, former Editor-in-Chief of the Australian Financial Review, in his brand-new show The Stutchbury Sessions. Don’t navigate Australia’s economic turbulence alone. Get ready for razor-sharp analysis backed by data and logic. Don’t miss an episode. Policies evolve, and opportunities vanish, so here’s your chance to stay ahead of the pack. Subscribe to The Stutchbury Sessions on...