Established | 1943 |
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Focus | The free market of ideas, the free flow of capital, a limited and efficient government, evidence-based public policy, the rule of law, and representative democracy. |
Chairman | Rod Kemp |
Executive Director | John Roskam |
Budget |
FYE June 2012 Income: A$4,002,427 Expenses: A$3,689,095 |
Location | Level 2, 410 Collins Street Melbourne Victoria 3000 Australia |
Coordinates | 37°49′01″S 144°57′38″E / 37.8170°S 144.9606°ECoordinates: 37°49′01″S 144°57′38″E / 37.8170°S 144.9606°E |
Website | www.ipa.org.au |
The Institute of Public Affairs (IPA) is a public policy think tank based in Melbourne, Australia. It advocates free market economic policies such as privatisation and deregulation of state-owned enterprises, trade liberalisation and deregulated workplaces, climate change skepticism, the abolition of the minimum wage, the repeal of parts of the Racial Discrimination Act 1975, In its own words, the Institute believes in "the free market of ideas, the free flow of capital, a limited and efficient government, the rule of law, and representative democracy."
The IPA was founded in 1943, partly in response to the collapse of Australia's main conservative party, the United Australia Party. The IPA was one of a number of groups which came together to form the Liberal Party of Australia, and became an important fund raising body for the Liberal Party in Victoria. The IPA returned to prominence as a thinktank in the 1990s, following a merger with the Australian Institute of Public Policy, headed by John Hyde who became Executive Director.
In 2013 the IPA celebrated its 70th anniversary. Notable in attendance at the celebrations were:
The IPA funded by its membership which include both private individuals and businesses. Among these businesses are ExxonMobil,Telstra, WMC Resources, BHP Billiton, Phillip Morris, Murray Irrigation Limited, and Visy Industries.