Federal funding for private schools
In 2024, the Commonwealth Government will spend an estimated $29.1 billion on schools in Australia. More than half of this – $17.8 billion – will go to private schools.
Busting the myth that Australia collects too much income tax
New Australia Institute research reveals claims Australia is over-reliant on income tax are significantly overstated and founded on a narrow and misrepresentative definition of income tax.
What the HECS?
Annual inflation is on the way down, but rents remain high and many people’s higher education loans are growing, even after repayments, says Greg Jericho.
Smart, Grid-Interactive Buildings Can Help Solve Electricity Market Woes
New research shows that the country’s energy security can be supported with minimal intervention and investment, simply by changing the time of day that electricity is used and harnessing the power of buildings as thermal batteries.
People are starting with much larger HECS/HELP debts than in the past – and it is only going to get worse
Australians in their 20s have HECS/HELP debts more than $10,000 greater in real terms than did people 20 years ago
HECS/HELP indexation is sending those earning less than $65,000 backwards
Ending the indexation of HECS/HELP debts would deliver a truly interest free-loan for students
.Wages growth in enterprise agreements provides no reasons for worry about inflation
Wage growth in enterprise agreements is at a level completely compatible with long-term inflation targets
Investing in a renewable manufacturing industry is vital for Australia’s living standards (and climate)
Australia’s economy is less an advanced economy than it is a petrostate style simple economy. That needs to change
Government Environment Reform Backdown Set to Lock In New Fossil Fuels and Extinctions
More than 100 environment groups have signed an open letter calling for strong environmental law reforms as the Federal Government backs out of its already overdue ‘Nature Positive Plan’ to reform the Environment Protection and Biodiversity Conservation (EPBC) Act. The open letter, coordinated by the Australia Institute, will appear in the Sydney Morning Herald, The
Fire ants economic bite underestimated in government modelling: $2.5b per year in costs by 2035
New research by The Australia Institute finds the threat posed by fire ants has been significantly understated, identifying a compelling economic case for their eradication.
Million Dollar Salaries & Private School Resources Underwritten by Public Money
The Australia Institute is recommending that private schools have stricter reporting requirements, greater transparency in funding arrangements, and increased accountability when spending public money, in a submission to the NSW Government’s review into Section 83C of the Education Act.
The market expects rates to fall – but that may be optimistic
Greg Jericho discusses the decisions facing the Reserve Bank in coming months and a new report showing that rate rises hurt Australians more than anyone in the world.
Who’s hurting most from rising interest rates? It’s probably you.
Soaring house prices, high household debt and the pervasiveness of variable rate home loans mean that Australians bear the brunt of interest rate rises, says Greg Jericho.
NSW government dragging its feet on koala park for “sham” carbon credits
By waiting for a carbon credit scheme to be established before delivering its Great Koala National Park, the New South Wales Government is putting the species at risk, says Stephen Long.
Not seeing the koalas for the carbon credits
Rather than delivering on their election promise to create a Great Koala National Park, the New South Wales Government is sitting on its hands until it can earn carbon credits from forests.
The carbon con killing koalas
The NSW Labor Government took office promising to create a vast koala sanctuary on the state’s mid-north coast – the Great Koala National Park. Despite the threat of koala extinction in the state, more than a year later the Great Koala National Park is yet to be established.
Video: The Right to Disconnect is NOT Bad for Productivity
The Right to Disconnect legislation being passed recently has attracted criticism from Opposition leader Peter Dutton and business groups, who say it’s bad for productivity. They may need to learn some basic maths, because they couldn’t be more wrong. Centre for Future Work Director Dr Jim Stanford explains. Research indicates the average Australian worker performs
Carbon credits no excuse for NSW Government to stall on saving koalas
A new video report from the Australia Institute shines a light on the NSW Government’s revelation that it is delaying the protection of koala habitat in the state until a system is in place to exploit native forests for carbon offsets.
UNESCO alerted to impact of salmon farming on World Heritage Area
UNESCO has been urged to request the Australian Government undertake an urgent and comprehensive environmental assessment and report on the impact of salmon farming on the Tasmanian Wilderness World Heritage Area (TWWHA).
Australia’s “stupid” surplus obsession must end
A budget surplus doesn’t mean a government is good at running the economy – we should focus on the choices they make instead, says Greg Jericho.
The big budget con
The budget balance usually steals the headlines on budget night, but it’s not that important, says Greg Jericho.
Labor’s pledge to depoliticise the public service is undermined by the government only hearing what it wants to hear on climate change
While last year’s robodebt royal commission exposed a shocking lack of ethics among senior ranks of the Australian public service, the systemic condition still largely seems to be regarded as an aberration.
Don’t worry about a budget surplus, care about the choices in the budget
Budget, Julia Gillard rightly said, are about choices. And those choices are a lot more important than whether or not the budget is in surplus or deficit
“It’s a scare campaign”: award wage rise won’t trigger inflation spiral
With unions calling for a five per cent increase to award wages, business groups are crying wolf over the proposal’s impact on inflation and unemployment, says Greg Jericho.
March 2024
Why the Carbon Myth Industry is bad for farmers
Jigsaw Farms, long held up as a shining star of carbon neutral farming, is no longer carbon neutral, although only just.
Waiting for Godot (and wage-price spirals)
Despite claims by some business groups and commentators, a modest wage increase for workers isn’t going to send inflation skyrocketing, says Greg Jericho.
Wage growth in private-sector enterprise agreements falls in the last quarter of 2023
The latest figures reveal that wages in the private-sector are not growing out of control – indeed they appear to have peaked.
Government approves Santos Barossa pipeline and sea dumping
Environment Minister Tanya Plibersek’s Department has approved a major part of Santos’ controversial Barossa gas export project, the Darwin Pipeline Duplication Project.
The academic publishing rort
As much as $1 billion in taxpayer funding may be being funnelled into the pockets of for-profit academic publishers every year, writes Dr Kristen Scicluna.
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