November 2020

The best way to help Australian manufacturing? Stop exporting gas

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on the Guardian Australia, 12 November 2020] While it might seem heretical to suggest we stop exporting gas, it’s important to remember that we only started exporting gas from Australia’s east coast in 2015. But since that fateful day, the wholesale price of gas has risen from around $3 to $4 per

SA Budget: Rush to Surplus Risks State’s Economic Recovery

Following the release of today’s State Budget, The Australia Institute has suggested that efforts to return to an early surplus will harm South Australia’s economic performance and undermine the state’s employment recovery from COVID-19. Key findings: According to the State Government, the budget will return to surplus in 2023-24. Previous recessions have shown that unemployment

Working from home, once a novelty, is now wearing thin

by Alison Pennington [Originally published in The Age, 05 November 2020] Lockdowns in Victoria have made job polarisations starker than in other states. Entire layers of workers, previously interacting in the flows of the daily commute, the morning coffee, dropping kids off at school, were suddenly pulled apart and isolated from each other. Connected only

October 2020

Austerity Would Damage Queensland’s Economic and Social Recovery

by Dan Nahum and Jim Stanford in Medium

by Dan Nahum & Jim Stanford[Originally published via Medium, 26 Oct 2020] Like governments around the world, the COVID-19 pandemic and resulting recession knocked a huge hole in Queensland’s state budget. Big losses in revenues from the recession, combined with extra costs of fighting the pandemic, turned a planned $234 million operating surplus for this

Facts Matter: Fake News Harms Our Democracy

A full-page advertisement will be published in The Courier-Mail on Monday 26 October 2020 featuring Australia Institute research exposing the Queensland Resources Council’s (QRC) false jobs claims. The QRC has a long history of using questionable economic modelling, known as input-output modelling, to exaggerate the number of jobs its members create. In fact, the Australian

The Most Secretive Budget Ever

featuring Ebony Bennett and Rod Campbell

In this episode we explain what ‘not for publication’ (or ‘nfp’) means and why it appears so often in the Budget papers, with Australia Institute research director Rod Campbell.www.tai.org.auHost: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennettGuests:Rod Campbell // @R_o_d_CProducer: Jennifer MaceyTheme music is by Jonathan McFeat from Pulse and Thrum

After the virus: Debt warranted

by Richard Denniss in The Saturday Paper

This week’s budget marks a remarkable turning point in Australia’s economic and political debate. Fears of budget deficits and public debt have been replaced by fears of pandemic and mass unemployment. And I’m not talking about a skittish public – these are the fears of Scott Morrison and Josh Frydenberg. Theirs has been a productive

Australia Institute 2020 Budget Wrap

The Economy Income tax cuts as stimulus by Matt Grudnoff The fiscal cliff by David Richardson It’s a Man’s Man’s Man’s World by Alia Armistead Creating jobs by stimulating business by David Richardson Research & Development by David Richardson Spending on infrastructure by David Richardson Climate & Energy Climate change, what climate change? by Richie

Coalition’s Tax Cuts Favour Men Over Women

New analysis from The Australia Institute has found that the Government’s income tax changes announced in the Budget will disproportionately advantage men over women, both now and into the future. Men will receive three in every five dollars of tax benefit in this financial year and then seven in every 10 dollars of the benefit

This Morrison government decision could set women back generations

by Ebony Bennett in The Canberra Times

by Ebony Bennett [Originally published in the Canberra Times, 03 October 2020] Pioneering feminist Susan Ryan sadly passed away this week, not long after United States Supreme Court Justice Ruth Bader Ginsburg. While Ruth Bader Ginsburg pursued American women’s equality and freedom through the courts, Susan Ryan pursued it through the parliament, running on a

Thank you, Victoria – Australia as a whole is healthier and wealthier because of you

by Richard Denniss in The Guardian

Richard Denniss [Originally published on the Guardian Australia, 01 October 2020] Thank you, Victorians. Your determination to crush the second wave of Covid-19 has delivered me, and the rest of Australia, enormous health, social and economic benefits. Your resolve, your patience and your sacrifice, means that the rest of Australia has been able to open

480,000 Jobs Rely on QLD Public Service, Cuts Would Deepen the State’s Recession

With state budget deficits a potential issue in the coming Queensland election, new research from the Centre for Future Work shows that cutting public sector jobs and wages would directly undermine the delivery of essential public services at a challenging time in Queensland’s history. Moreover, misplaced fiscal austerity would also hurt the state’s economic recovery

Queenslanders to lend Adani $271 million in royalty deal

The Australia Institute has criticised the Queensland Government’s deal to subsidise the Adani coal project via a royalty deferral deal. The long-running negotiations between Adani and the Queensland Government will allow the coal mine to ‘dig now, pay later’ at a secret, but certainly discounted, interest rate. Key points: The royalty deal has been reported

September 2020

Income Tax Cuts Panned: National TV Ad Campaign, 40 Experts Target Government’s Economic Plan

A national advertising campaign opposing the early introduction of the Government’s income tax cuts will begin airing on SKY and commercial television this week. The campaign is being supported by more than 40 prominent Australians, including: Bernie Fraser, former governor of the Reserve Bank Stephen Grenville, former deputy governor of the Reserve Bank John Hewson

Morrison’s tax cuts are not temporary or targeted – they are ideological and inequitable

by Richard Denniss in The Guardian

by Richard Denniss[Originally published by the Guardian Australia, 16 September 2020] At the beginning of the Covid-19 pandemic the Morrison government was adamant that – because the economy would “snap back” once the virus passed – their stimulus spending would be temporary and targeted. Well, you don’t hear much about “snap back” anymore and there is absolutely

Why bringing income tax cuts forward is a bad idea during Australia’s first recession in 30 years

featuring Ebony Bennett and Matt Grudnoff

The government has indicated it might bring forward income tax cuts in next month’s budget, but as our senior economist Matt Grudnoff explains in this episode, income tax cuts for high income earners won’t be effective at stimuluating the economic.The Australia Institute // @theausinstituteHost: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennettGuests: Matt

Tasmanian Tax Reform Needs to be on the Agenda Now

The Australia Institute today released a report commissioned from economist Saul Eslake exploring tax reform possibilities for Tasmania as it emerges from the COVID-19 pandemic and recession. The report proposes reforms in three areas of Tasmania’s state taxation system: Replacing stamp duties on the transfer of land (conveyance duty) with a broadly-based land tax, levied

General Enquiries

02 6130 0530

mail@australiainstitute.org.au

Media Enquiries

Jake Wishart Senior Media Adviser

0413 208 134

jake@australiainstitute.org.au

RSS Feed

All news