In his new discussion paper for the Centre for Policy Development, Fred Argy demolishes eight myths underpinning what currently passes for "fiscal conservatism" in Australia. The view that neither taxes nor public debt levels should ever increase is lazy and timid policy, not good governance, writes Argy.

Australians are addicted to debt but we can't afford to keep borrowing at current levels forever. 'Deeper in Debt' is CPD fellow Steve Keen's analysis of Australia's looming crisis in housing affordability and private debt.

CPD fellow John Quiggin examines the role of government as the ultimate risk manager. He argues that risk will be the defining concept of the 21st century, the way that globalisation was for the 1990s.

The best way to take the pressure off hospitals is to ensure that most people don't need to go there in the first place. In this new paper Jennifer Doggett explains how we can reorient Australia's health system towards primary and preventative care.

Calling on all Australian politicians to re-think the way they develop public policy, Reclaiming our Common Wealth argues that the short-term thinking of the election cycle is damaging Australia's long-term interests. We need a new approach to policy development based on consistent principles, underpinned by enduring values.