August 2022
Childcare Review & Strike Require Systemic Solutions: Research Report
As early childhood educators prepare to strike and with Government poised to release terms of reference for a Productivity Commission review into the struggling system, new research has recommended Australia look at successful overseas policy options to deliver affordable, quality Early Childhood Education & Care. New research has recommended the terms of reference for the
July 2022
Origin Doubles Revenue While Public Back a Windfall Profits Tax: Poll
Key Points: New research shows 2/3 Australians support a windfall profits tax, with only 12% opposed (attached) Western Australians (71%) are the most likely to support the introduction of a windfall profits tax followed by Queensland residents (69%). Origin revenue has more than doubled on the strength of commodity prices, cash distribution from Australia Pacific
Profits Causing Inflation in Australia, Not Wages: European Central Bank & ABS Data Reveal
New research shows that only a trivial portion of Australia’s inflation has come from wages this year, while rising prices continue to drive not just inflation, but profits to record highs. Key findings: Wages made no contribution to Australian inflation in 2019-2020, or 2020-2021, measured using the ABS’s broadest indicator of inflation, the GDP Deflator
June 2022
Exit Poll: Overwhelming Majority of Australians Want Wage Growth in Line with Cost of Living
As the Fair Work Commission prepares to announce this year’s increase in the national minimum wage, new polling data shows that the vast majority of Australians support lifting wages to keep up with rising inflation. The Australia Institute conducted a special exit poll, surveying a nationally representative sample of 1,424 Australians on the evening of
May 2022
Joseph E. Stiglitz Australian Speaking Tour: July 2022 ‘The Role of Government in the Modern Economy’
Nobel Laureate, former World Bank Chief Economist, and best-selling author Professor Joseph E. Stiglitz will visit Australia in July 2022 to discuss the need to expand the role of governments, unions, and civil society. The tour, hosted by the Australia Institute, will see Professor Stiglitz speak at a wide range of events for the general
Salmon Inquiry Report: Comprehensive Marine Plan Now
The long-awaited Legislative Council Fin Fish Farming in Tasmania Inquiry report tabled in Parliament today, highlights the many problems faced by the industry. The Australia Institute Tasmania commends the Committee’s call for an overarching Marine Plan for Tasmania through a comprehensive stakeholder consultation, informed by assessment of environmental, social and recreational values, with a transparent
Unemployment: More People Gave Up Looking for Work Than Got a Job
Key Points: Unemployment falls 0.1% to 3.9% 4,000 jobs created in last quarter, but unemployment fell by 11,000 7,000 people gave up looking for work this quarter, shown by the participation rate falling to 66.3% (from 66.4%) “Today’s ABS statistics reveal that more people gave up looking for work than found a job in the
WPI: Worst Real Wage Decline This Century
“The latest wages data show that real wages in the past 12 months fell 2.5%. This horror result for workers shows that not only are wages not putting pressure on inflation but that workers are not seeing the benefits of lower unemployment,” said Greg Jericho, employment & fiscal policy director at the Australia Institute’s Centre
5% Pay Rise Would Still See Big Business More Profitable Next Year
Research released today reveals that companies like Woolworths and the Commonwealth Bank are under no pressure to pass on a 5% increase in the minimum wage as a 5% increase in their prices. The research finds that boosting workers’ wages by 5% would lead to an increase in prices across the economy of less than
One in Five Worked with COVID Symptoms; Sick Leave Entitlements Must Be Strengthened
Almost one in five Australians (and a higher proportion of young workers) acknowledge working with potential COVID symptoms over the course of the pandemic, according to new opinion research released today by the Australia Institute’s Centre for Future Work. The research confirms the public health dangers of Australia’s patchwork system of sick leave and related
Wages Will Continue to Lag Without Targeted Wage-Boosting Measures: New Report
A comprehensive review of Australian wage trends indicates that wage growth is likely to remain stuck at historically weak levels despite the dramatic disruptions experienced by the Australian labour market through the COVID-19 pandemic. The report finds that targeted policies to deliberately lift wages are needed to break free of the low-wage trajectory that has
Inflation Good for Budget but Bad for Voters
Surging inflation is driving record increases in government tax revenue while simultaneously pushing down workers’ real wages, according to new Australia Institute analysis of Treasury forecasts released today. As the figure below shows, Treasury forecasts of Commonwealth spending are well above the spending forecasts made pre-covid and, more significantly, well above the levels forecast in
Pandemic Workforce Crisis Requires TAFE Investment in Early Childhood Education to Boost Economy: Report
A new report has found pandemic workforce shortages should be tackled through investment in Early Childhood Education and Care (ECEC) to boost employment, unlock productivity and support life-long development outcomes for children.
April 2022
Housing Affordability Crisis Requires Nordic Policy Solutions: Experts
The key driver of Australia’s acute housing affordability crisis is its over-reliance on just two housing options – private home ownership and private renting. New research from the Australia Institute’s Nordic Policy Centre shows that Nordic countries have a wider repertoire of policies, and Australia can learn from policies that are already in practice in
Free Undergraduate Education to Save Universities and Jobs: Report
The next federal government can save universities, make undergraduate education free for all Australians and employ tens of thousands of staff securely by lifting the public spend on higher education to just one per cent of GDP, according to a landmark new report. The Australia Institute’s Centre For Future Work report shows, if the federal
$7.4b Dam Announcement Doesn’t Hold Economic Water: Research
New research has found that the Federal Government’s announcement that it will spend $7.4b on dams does not deliver value for money and provides less employment and GDP growth than if the same amount were invested in other parts of the economy. The research reveals that if the $5.4b announced for the Hells Gate Dam
Australian Youth Job Guarantee Needed to Repair Pandemic Devastation: New Report
Australia should follow the European example and introduce a Youth Job Guarantee, according to a new report from the Australia Institute which reveals the true extent of youth employment devastation during the pandemic. Despite representing just 14 per cent of workers, the new report, ‘Youth unemployment and the pandemic’, shows young people (aged 15-24) bore 39
Universal Public Early Child Education in Australia Would Pay For Itself: Research Report
Making Early Child Education and Care (ECEC) universal in Australia would pay for itself by unlocking women’s labour supply, boosting GDP and growing government revenues by billions, according to new research from the Australia Institute’s Centre for Future Work. With cost of living shaping up as a key election issue, policy experts say boosted funding would
Federal Coal Closure Changes No Substitute for Real Roadmap
Statement in response to Federal Government announcement it seeks to delay coal fired power plant closures by introducing new rules that five years’ notice must be provided before closing power stations. “What we are seeing is another knee-jerk reaction from Minister Taylor because Australia’s Energy Minister was left out of key negotiations on Australia’s largest
SA Polls: Boothby, Sturt Contests Heat Up as Voters Back Protecting Great Australian Bight
Post-Budget surveys in the South Australian federal electorates of Boothby and Sturt have shown both seats could be in play at the upcoming election, with a mixed reaction to the Budget and a strong desire for protecting the Great Australian Bight recorded by voters. Key results, Boothby: 2PP: Labor Party 57%, Liberal Party 43%. Four
March 2022
Removing Designated Fathers Leave Threatens to Worsen Gender Inequality
“Australia has missed a great opportunity to improve its parental leave policies, invest in children’s early years, support parents and improve gender equality,” said Professor Andrew Scott at Deakin University and Convenor of The Australia Institute’s Nordic Policy Centre. “The Budget decision to abolish the designation of two weeks parental leave for fathers from Australia’s
Fuel Excise Cut ‘Bad Economic Policy’
The Federal Government Budget 2022 has cut the fuel excise by 22 cents for a six month period. “The fuel excise cut is bad economic management, bad economic policy, and bad policy full stop,” said Richie Merzian, climate & energy director at the Australia Institute. “For the last nine years this government has kept Australians
New Analysis: $75 Billion Tax Grab by Business Council of Australia
On the eve of the Budget and a Federal Election, the Business Council of Australia (BCA) has renewed its advocacy for a company tax cut for big business. New Australia Institute analysis finds that the BCA’s proposed tax cut would cost the Budget up to $75 billion dollars over the next decade. The BCA offers nothing
83 Percent of Beer Excise Cuts Would Flow to Men
Cutting the excise on beer from kegs is an ineffective and inequitable way to support the hospitality sector, reduce cost of living pressures, and reduce excessive drinking according to a new report released by The Australia Institute. “The overwhelming majority of beer drinkers in Australia are men, and the overwhelming majority of hospitality venues don’t
New Research: Australia’s Skills System Continues to Crumble After COVID
Australia’s vocational education and training (VET) system shows growing signs of erosion, fragmentation and dysfunction, according to new research from the Australia Institute’s Centre for Future Work. The research reveals a grim picture of a VET system starved of consistent funding or focus, fragmenting into scattered offerings of non-accredited and ‘micro-credential’ courses, mostly provided by
Stage 3 Tax Cuts Go to Wealthy Occupations, Low & Middle Income Earners Miss Out: Report
New economic research reveals that the Stage 3 tax cuts proposed by the Federal Government will give Bank CEOs, surgeons, and federal politicians a windfall tax cut of $9075, while low-income workers like aged care workers, disability careers and minimum wage employees get $0.
February 2022
Welcome Result to Economically and Ecologically Irresponsible NSW Floodplain Harvesting Farce
The Australia Institute welcomes today’s disallowance of floodplain harvesting regulations in the NSW Parliament. “This regulation would have given the green light to huge diversion of floodwater with terrible ecological, social and economic consequences,” said Rod Campbell, research director at the Australia Institute. “Diverting water beyond the limits in the Basin Plan has contributed to
SA Survey: Labor Hold Narrow Lead, State Not Adequately Prepared for Open Borders
New research from The Australia Institute shows the Labor Party holding a narrow 2PP lead, 51%-49%, one month out from the 2022 state election. The Australia Institute’s survey of a representative sample of 602 South Australians also found there is strong sentiment in the community that the state was not adequately prepared when borders were
A Rich Man’s World: Government’s Tax Plan Overwhelmingly Benefits High-Income Men
New research from the Australia Institute reveals that the largest part of the Federal Government’s tax plan will overwhelmingly benefit older, high-income men – despite the Government’s attempt to highlight how much young women have to gain. The Stage 3 tax cuts due to come into effect 2024-2025 will see men get twice as much
9 in 10 Taxpayers to Pay More Tax Under Current Government Plan to Scrap LMITO
An electorate analysis of the Federal Government’s current plan to scrap the LMITO (Low and Middle Income Tax Offset) after 2021-22, shows most taxpayers will be worse off when the legislated Stage 3 tax cuts to high income earners comes into effect in 2024-25. Key Findings: Scrapping the LMITO will see 90% of taxpayers pay
General Enquiries
Tanya Martin Office Manager
mail@australiainstitute.org.au
Media Enquiries
Jake Wishart Senior Media Adviser
jake@australiainstitute.org.au