The Australia Institute

TAI was launched to develop and conduct independent research and policy analysis and actively participate in public debates. In addition, TAI undertakes research and analysis commissioned by governments, businesses, unions, and community organizations. The institute's aim is to help create a vision of a more just, sustainable, and peaceful Australian society and develop and promote that vision in a pragmatic and effective way. Members of the institute are concerned about the impact on Australian society of the priority given to a narrow definition of economic efficiency over community-based, environmental, and ethical considerations in public and private decision-making. 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. The institute reasserts the place of ethics in public and private decision-making.