The Australia Institute - research for future change

The Australia Institute is an independent public policy research centre funded by grants from philanthropic trusts, memberships and commissioned research.

Philosophy

The Institute was launched in 1994 to develop and conduct research and policy analysis and to participate forcefully in public debates. In addition, the Institute undertakes research and analysis commissioned and paid for by government, business, unions and community organisations. Those involved in the Institute have each, from different viewpoints, been concerned about the impact on Australian society of the priority given to a narrow definition of economic efficiency over community, environmental and ethical considerations in public and private decision making. A better balance is urgently needed.

Private markets, while effective at encouraging efficiency in many circumstances, frequently fail to reflect adequately the ethical, social and environmental priorities of the community. Governments must provide the appropriate institutional framework in which private markets operate so as to ensure that they contribute to justice, equity and sustainability as well as efficiency. Market outcomes are not value free and the Institute reasserts the place of ethics in making public and private decisions.

http://www.tai.org.au/