Bruce's recent articles

28 May 2025
The drought is back – we need a new way to help farmers survive tough times
Australia in 2025 is living up to Dorothy McKellar’s poetic vision of a country stricken by “drought and flooding rains”.
19 July 2020
A pilot Revenue-Contingent Loan for the JobKeeper Transition
Several months ago we argued the case for the use of revenue-contingent loans (RCLs) as part of the transition from JobKeeper. An RCL is a debt for business, with the defining characteristic being that repayments occur when the firm is able to do so comfortably in the future. The concept is closely related to the Higher Education Contribution Scheme (HECS) pioneered in Australia in the 1980s.