A full-time worker on average earnings has lost around $8,000 in living standards over the past three years.

Analysis of AGL’s annual report reveals that AGL charge households 3 times for its gas than it does to businesses.

The latest figures on Australian wealth reveal that inequality is being driven by capital gains that overwhelmingly go to the wealthiest and are mostly untaxed.

The rate rises over the past 2 years have seen banks taken billion from households and business in increased interest payments.

At worst at worst, the increase in wheat prices should have caused a 0.75% increase in the price of bread. Instead they soared.

In the September quarter, household living standards fell as rate rises continued to hurt. And then in November the RBA decided to hurt them again.

The three months to June saw one the biggest ever falls in the government’s measure of well-being.

Australia’s population is set to age, but that does not mean we need to go without – we just need to be honest about paying for it.

Yes the mining sector has booming profits, but they are not the only businesses whose profits are growing faster than the wages of their workers

New research shows the cost to the federal budget of generous superannuation tax concessions is now on par with the cost of the entire aged pension, and greater than the total cost of the entire NDIS in 2022-2023. Economists say billions could be saved if rules governing tax concessions for a minority of ultra-wealthy accounts

Right now the gas industry is booming, but the Petroleum Resource Rent Tax is not.

The latest GDP figures show more than ever before workers are getting less than their fair share

On Friday 16 February the Australian Financial Review published an opinion piece on company tax and argued that The Australia Institute ‘undermined a policy that woud have created jobs, profits and a bigger economy’. Generally this is a good article which sets out how The Australia Institute undermined the Government’s plan to cut company taxes,

Social policy and conservative debt management policy do not always go well together and a good example is the question of what to do with outstanding student debt. Why would private interests want to buy it? It only increases by the CPI and would perform poorly as a financial investment. A term account with a

At the moment the Abbott government’s position on foreign investment is being put to the test. GrainCorp is subject to a takeover bid by American company Archer Daniels Midland (ADM).  This bid has received approval from the Australian Competition and Consumer Commission (ACCC) and we now await the decision of Treasurer, Joe Hockey.

Australia used to have very high protection rates for its manufacturing industries. Historically tariff quotas on motor vehicles meant that Australian car prices were double the prices for equivalents overseas. Many other manufactured goods were sold at multiples of the prices in overseas markets. Australia like many other countries imposed very high tariffs on most

A lot of the debate in Australia reflects concern about our future and how budgetary pressures are likely to evolve. The backdrop of the discussion is a profile of the predicted population in 40 years, what that means for expenditure and how we should be preparing for that outcome. The intergenerational reports have provided a

The Chicken Littles are at it again – scaring us about the level of government debt and the deficits that bring about debt. Gina Rinehart has claimed that the present level of government debt ‘is simply unsustainable’ and that ‘Australia had to take action to avoid following Europe into economic misery’. Ms Rinehart should know

The Opposition has proposed a paid parental leave scheme that offers to replace a woman’s wage if she takes time off following the birth of her child. Tony Abbott expects to raise $3.5 billion with a 1.5 percentage point increase in the company tax rate. But the Australian taxation system is a complicated beast and

QUEENSLAND Premier Campbell Newman has stared down former federal treasurer Peter Costello and he deserves some credit for that. A stocktake of Australia’s electricity now, compared with two decades ago, confirms that the privatisation and corporatisation of the sector has been a massive failure. An analysis of the sector since Victoria privatised power in the