The John Hyde Archives
Historic archive of articles and newspaper columns written by former Australian politician John Hyde OAM.
Business
Entrepreneurs
Economics Regulation Cronyism Business
- Entrepreneurs are first forwards looking decision makers, but often become crony business managers once estabilished.
Of Bread and Eggs
- Regulation governing the production of eggs & bread in QLD is destroying the profitability of both products.
Labour's style
Politics Industrial Relations Economics Business
- Bob Hawke ceded authority to those whom should not have authority.
- He expected big business to follow the government's lead on when and where to invest.
- His government is a corporatist consensus of government, big capital and big union.
The Opposition Industrial Relations Policy
- Few unionists understand that they are the prime cause of unemployment.
- An opportunity should be given to both employees/employers to be able to opt out of an award.
Youth Employment
- Employers will choose employees that can provide the most for each dollar spent on them.
- Sen Chaney was concerned about income inequality and alienation.
Japan's Ministry (MITI)
Economics Business Industrial Relations
- Japanese Government assisted in economic growth by restraining itself from interfering with the economy.
- Japan's industrial policies are the best because the government interference is the least.
Foreign Investment
- When Governments meddle with commerce, it is to grant an unequal privilege over established vested interests.
Privatising
- Privatisation brings a greater portion of total capital stock under public control.
- Managers can no longer expect the public to underwrite inefficiency.
Asian Shipping
- Australia's shipping industry is to be handmaiden to trade and the industry's over-tonnage will burden either the ship owners or shippers.
The Real IR Debate
Protectionism Industrial Relations Business Individual Rights
- Being able to opt out of a wage award allows the parties to come to an agreement rather than having something forced upon them.
Recovery Alone Was Not Enough
Industrial Relations Business Individual Rights
- To reduced unemployment, we need to free labour and capital from government and the unions.
EPAC And Gruen On Trade
Protectionism Regulation Business
- Professor Gruen says that selling below full cost in not regarded as an unfair trading practices within Australia. It smacks of double standards when it is labelled as unfair when done by foreigners.
Howard's Economic Statement
- Australia's chronic condition is how uncompetitive our industries are. The supply side of the Australian economy must become more flexible.
The Evatt Foundation Conference
Regulation Subsidies Politics Business Competition
- Public sector monopolies give politicians opportunities to subsidise favoured voters.
- The public benefits the most from competition not private ownership.
The Federal Budget
- The government should adopt the same rigorous prudential standards as businesses
What's at stake at Robe River
- The main issue is whether Robe will be allowed to increase productivity and to invest in further developing costlier ore bodies or will the unions force it out of business.
Commerce and Government Don't Mix
Business Politics Regulation Cronyism
- Government operates differently in that only it can legally force people to do it's bidding.
- Market imperfections are most often caused by government interference on behalf of vested interests.
Not Lazy (Published in the Weekend Australian as Monopolies corner the market in frustration)
Protectionism Monopoly Regulation Business
- Australians are more often frustrated with government regulations than lazy.
- Monopolies are the reason for Australia's lost competiveness than laziness.
Criticism of Howard
- Running the country is different from running a corporation and politicians that do not make the distinction are dangerous.
- John Howard represents a policy change that certain businessmen resent.
Corporate Taxation
- Australian investment is poor due to rules discouraging investment. The tax system should be changed to remove the penalties from investment.
Interest Rates Are Not Doing the Job
Interest Rates Economics Business
- When there is not a need to rely on interest rates to kill demand, the inflow of foreign investment will fall.
Business Ethics
- We tend to think the bankruptcy causes unemployment and loss of assets, by bailing out bankrupt companies, we subvert the ethics of the free market in redistributing over-valued assets under new management.
The Small Business Lobby
- The corporatist style of government has failed, and the best thing of small business owners is to have a level playing field.
Sharabhron Ardeshiran v Robe River Iron Associates
- The legislation enshrines anti-business prejudice even though it was intended to address prejudice.
What Do We Want from Privatisation?
Protectionism Regulation Subsidies Business
- The reason why Government privatise public companies is to make them more efficient. The reason why they don't is that they fear the wrath of employees and the subsidised consumers.
Risk
Currencies & Commodities Business
- Although new technologies bring risks, they also confer benefits and the two cannot be separated. Nuclear power generation is the cheapest form of power generation and would elevate the pressure on coal and oil supplies.
US Trade Deficit
- With a deficit, the best thing that our government can do is to get out of the way of entrepreneurs that can take advantage of chances to produce goods and services.
Why Privatise
- Only when public companies are sold that taxes are paid in meaningful amounts.
Technology in Government Committee
- Appropriate technology is technology that produces at the least cost to the common environment. Technology should to produce a more productive and profitable Australia.
How to Create an Oil Crisis
Economics Business Currencies & Commodities
- If you stop oil companies from making profits, they will stop delivering fuel to our vehicles, the situation would be made worse.
How They Will Govern
- There is a trend of deregulation and privatisation where the skills of a producer are rewarded over that of a lobbyist. This is Australia's only hope.
Democratic Imperatives
- Free enterprise values will only adopted by Australian politics if the public wants the values implemented.
OECD Approach to Unemployment
Industrial Relations Business Politics
- Unemployment levels are kept artificially higher than which an employer can hire a potential employee.
Entrepreneurs
Economics Protectionism Business
- The switching of commercial to political entrepreneurship, established interests have encourage governments to protect their interests as well as causing the economies to stagnate.
Sources of Inflation
- When one sector has the capacity to expand its prices faster than an average determined by money supply, the other sectors are squeezed.
MITI
- The lesson from the Japanese Ministry of International Trade and Development (MITI) is that where government interference is the least, the industries have done the best.
MIM Annual Report
Business Competition Regulation Taxation
- The mining industry is loaded with infrastructure costs which are not asked of other competing sectors of the Australian economy. In order for MIM share price to increase, there will be a need to reduce high levels of industry protection and reducing state taxes.
About
John Hyde OAM 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 OAM is the author of Dry: In Defence of Economic Freedom.