“Much-needed” super changes should pass
The federal government’s stalled changes to superannuation rules would make the nation’s super system fairer, at a time when so many Australians are doing it tough.
The sad phenomenon of Australia’s unfunded excellence
In Australia, prize-winning artists, writers and musicians pay more tax than some multinational fossil fuel companies with turnover in the hundreds of millions of dollars.
It’s time to reduce the cost of university
Today’s students are finishing their degrees with much larger debts that take longer to pay off, and some young people are now paying close to $50,000 for a three-year bachelor’s degree.
Okay, it’s not ALL Greg’s fault
Just some things.
The work with Bri Lee | Summer Book Club
Bri Lee, one of Australia’s most exciting young writers, joins us to discuss her debut novel, The Work, and the politics of power and privilege.
More evidence that inflation is under control – but where is the RBA?
Inflation is under control and the economy is barely staying out of recession. But the Reserve Bank has decided to take more than 2 months off before deciding if a rate cut is needed.
$10,000 fine manifestly inadequate for Santos oil spill
A $10,000 fine issued to Santos for a large oil spill off the coast of Western Australia is little more than a slap on the wrist for the multi-billion-dollar gas company. But it’s a slap in the face for anyone concerned with protecting Australia’s natural environment.
December 2024
There’s nothing naughty about being poor. Why Christmas is a horrible time for kids living in poverty
The busiest shopping weekend of the year is upon us, where shopping malls become a desperate frenzy of overindulgence and waste. But spare a thought for those who can’t afford even the trimmest of trimmings this Christmas.
Housing bubble or housing trouble? Australians wary of increasing property prices in future
The Australia Institute surveyed 1,009 Australians between 13 and 15 November 2024 about their attitudes to future property prices. The margin of error is ±3%. Key findings: About as many Australians want property prices to decrease in the future (36%) as want them to increase (33%). One in five (18%) want them to stay the
Mapping how extreme heat exacerbates inequality
Extreme heat is the number one cause of weather-related illness and death in all parts of Australia, except Tasmania. Older, poorer, and sicker people are more vulnerable to the effects of extreme heat. Our new report identifies the locations around Australia in which the greatest number of vulnerable people will be affected by extreme heat. Targeting these areas for support will ensure the greatest number of vulnerable people are helped during periods of extreme heat.
Secret research undermines democracy
This month, the Australian economic debate was hijacked by a report from the world’s most powerful consulting firm: McKinsey & Co. The consulting firm apparently found that declining living standards represent a “national emergency” – and the care economy, regulations and Australia’s corporate tax rate are to blame for low productivity growth. The only problem?
In worrying about productivity growth, the RBA has strayed beyond its remit
It’s official: the Reserve Bank of Australia will have its board split in two, and two new appointees will join the reconfigured monetary policy board, whose job it is to make decisions on interest rates. The move was recommended by an independent review panel in 2023. The new members of the monetary policy board, one
Rate cut already overdue: RBA should meet in January
The Australia Institute is calling on the Reserve Bank of Australia to meet in January, before its next scheduled meeting on February 17-18, 2025.
Coal royalties are a tiny part of the NSW Budget
The people of Australia collectively own all the resources under the ground. This means that the coal in NSW is the property of the Australian people too. Because of this, mining companies have to pay the NSW Government a “royalty” if they want to dig up and sell coal. Royalties are not taxes. They are
Coal royalties a tiny part of NSW Budget
Coal royalties do little to fund schools, hospitals, teachers or nurses, despite frequent claims to the contrary from politicians and the mining industry, new research from The Australia Institute has found.
Gardening for a healthier life and a healthier planet
Australians are hungry to grow their own food and the reasons are simple: growing your own food is healthier and better for the planet. Whether it’s herb pots on a windowsill or a rambling backyard veggie patch, Australians say that growing some of their own food makes them feel better, eat better and tread lighter on the planet.
It’s all Greg’s fault
We answer your burning questions about the economy in the final episode of 2024.
Let’s celebrate the new normal of unemployment below 4%
Those arguing that Australia cannot sustain unemployment below 4.5% without rising prices and wages have been found to be completely wrong. And it is time they admitted it.
.Jobseeker payments are too low
No-one in Australia should have to live on $56 a day. The current Jobseeker payment is inadequate by every metric, and the majority of families that rely on it live below the poverty line.
Corporate profits increase inflation
The prices of many goods and services have increased dramatically across Australia since 2021. This has resulted in hardship for many households—along with $100 billion in increased profits for major companies. These corporate profits have been a key factor driving inflation.
Australia is a low-tax country
Australia is one of the lowest-taxing countries in the developed world. Australia raises very little tax revenue compared to similar countries.
Fixing Australia’s housing crisis with Alan Kohler
Houses should be a place to live, not a ladder to wealth.
Australia’s traffic fine system is unfair – is it time to implement proportional fines?
How is Australia’s system unfair? If you get caught speeding in Australia, you will be fined with a flat-rate traffic fine. Exceeding the speed limit by 12km/h in New South Wales earns you a $361 fine, whether you are on government benefits or a billionaire. This is not a fair system. What about the principle:
RBA fails households and fails the nation – again
The Reserve Bank of Australia had a great opportunity to give Australians – and the nation’s sluggish economy – something both desperately needed before Christmas. But, once again, the RBA has failed. By leaving interest rates on hold at 4.35%, the Reserve Bank has failed to do what is right for Australians. It has failed
Australians urged to support Minister to keep her promise on “no more extinctions”
The Australia Institute has launched a petition encouraging Australians to support Environment Minister Tanya Plibersek to keep her promise of no more animal extinctions under her watch.
Left behind: South Australian public servants go backwards while the SA economy surges forward
South Australian public servants are 10% worse off now than they were five years ago, despite the state’s booming economy, according to new research by The Australia Institute.
Another hold likely. So, what was the point of the RBA review?
Will the RBA cut interest rates tomorrow? Probably not. It’s Groundhog Day and they’re locked into repeatedly making to same mistake over and over again. A mistake that the recent RBA review criticised them for making just before the pandemic.
Salmon spin and pollution all a bit fishy
Salmon companies are ripping off Tasmania and trying to pass it off as yet another ‘jobs vs environment’ fight. This is the kind of fight that Tasmanian politicians love to have, and like performing seals, the Tasmanian government and opposition have lined up to bark and do their tricks. But the fight over salmon farming
Never used, never worn: the billion-dollar Christmas waste
More than a quarter (27%) of Australians will this year get a Christmas present they’ll never use or wear.
The economy is people
Immigration and public spending are barely keeping Australia out of a recession.
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