The rapid expansion in the mining industry over the past decade has done more harm than good to Geelong’s economy. Mining has created virtually no jobs in Geelong and has induced a high exchange rate that is crippling Geelong’s manufacturing industry with more than 1 in 8 manufacturing jobs lost over the past six years.

The Australia Institute (TAI) has been researching the economic impacts of mining activity in Australia. This document provides a brief summary of key facts and links to TAI research papers, policy briefs and submissions currently available online. Key facts Mining ‘crowds out’ other industries: The expansion of mining causes a contraction in non-mining industries, particularly

Resources and Energy Minister Chris Hartcher claims there will be “catastrophic consequences” if NSW does not develop more coal seam gas. He seems to believe that by doing so there will be more gas for local industry and that this will prevent soaring prices. This couldn’t be further from the truth. The reason that gas

It’s very difficult to determine what the right rate of population growth should be, but it’s very easy to determine the wrong one. If there are no spare seats on the trains, no spare beds in the hospitals and no room on the roads then we aren’t ready for the anticipated net migration of 1

Conservative politicians usually work hard to ensure they are seen as “tough on law and order”. Respect for the law is obviously essential in a democracy and there is usually no shortage of politicians lining up to call for more police and tougher sentences to discourage or punish those who transgress. But this enthusiasm for

Traditional retailers are happy to pay a premium for high visibility locations and the same is true online. In the online marketplace, high visibility means featuring prominently in search engine results. Google is by far the most used search engine in the world with more than 85 per cent of global search engine revenue. It’s

‘Mums and dads’ seem to be replacing ‘working families’ as the focus of political concern in Australia. The biggest problem with last week’s hoax media release about Whitehaven Coal, many argued, was its impact on ”mum and dad investors”. The language of mum and dad investors is as widely used as it is meaningless. Gina

The native forest and forest product industries contribute a miniscule amount to the Australian economy (in the order of 0.15% to 0.20% of GDP). Despite this, it has dominated the minds and energies of many politicians and environmental policy makers for decades. Among other things, it helped spark the emergence of the environmental movement in

The Climate Change Authority’s final report on the renewable energy target, which was released yesterday, contains a number of controversial conclusions and recommendations. A standout amongst these is the recommendation that the federal government explore whether making native forest wood waste eligible to participate in the large-scale RET (LRET) would increase the rate of harvesting

The Australia Institute in numbers A year ago there was no carbon price, Richard had just finished debating Lord Monckton at the National Press Club and The Australia Institute had never produced an infographic. Things move fast in modern politics and think tanks have to work hard and fast to keep up. This year has

The Australia Institute works with a wide range of NGOs, community organisations and social enterprises on collaborative research projects, infographics and events. The Institute can help your organisation with: Polling – to help you better understand the extent of the policy problem you’re trying to fix Infographics – to help you explain the extent of

Next year is an election year and we are currently finalising our plans to ensure that progressive ideas are as prominent as possible in a campaign that may otherwise focus on scare campaigns about boats and debt. In addition to our new capacity to quickly generate and distribute factual infographics we also hope to enter

A year ago there was no carbon price, Richard had just finished debating Lord Monckton at the National Press Club and The Australia Institute had never produced an infographic. Things move fast in modern politics and think tanks have to work hard and fast to keep up. This year has been another extremely productive year

This edition of The Australia Institute’s newsletter features: All I want for Christmas …. David Baker The clash between coal and conservation Paola Cassoni Beating around the bush Matt Grudnoff Income and wealth distribution in Australia David Richardson 10th Henry Parkes Oration Prof George Williams And homelessness marches on …. Alison Laird The one early

 The high price of stress, Australian Financial Review, 15 November Go Home On Time Day, Radio Australia, 21 November Dig a little deeper for full mining story, Newcastle Herald, 28 November Where the buck stops in politics, Australian Financial Review, 27 November How not to make policy: Tasmanian forest deal, Crikey, 29 November Rethinking nation’s

Our two-speed economy has a two-tiered tax system, with capital-intensive mining companies paying among the lowest rates of corporate tax and the labour-intensive service sector paying among the highest. All companies face the same nominal 30 per cent tax on income but the existence of accelerated depreciation and other tax concessions deliver disproportionately for the

If you listen to the mining industry Australia is at risk of killing the goose that’s showering us with golden eggs. Australia, they claim, has become a high cost place to do business. Wages are up, the exchange rate is making it more expensive to build new projects and Australia’s low productivity is making everything

The case against cutting the corporate tax rate, D Richardson, December 2012 Tasmanian Forest Agreement 2012: Who is the winner?, A Macintosh, December 2012 The rise and rise of the big banks, D Richardson, December 2012 Carbon credits from Western Australia’s multiple use public native forests: A first pass assessment, A Macintosh, December 2012 An unhealthy obsession:

Economic growth is a very strange thing. In 1949 when our gross domestic product was about a tenth of what it is today, Australia set out to build 145 kilometres of tunnels, 16 major dams and nine power stations as part of the Snowy Hydro scheme. But 60 years later, when GDP is $1.3 trillion

The NSW Minerals Council is out spruiking the benefits of the mining industry in the Hunter region in a new economic study. Using the same old tricks to inflate their numbers and ignoring any economic downside they manage to spin the result into a rosy picture that reaches the epic proportions of claiming that the

The newly-inked Tasmanian Forest Agreement has been hailed by many as a historic breakthrough that provides Tasmania with an opportunity to end the divisive “forest wars” and remake the state’s ailing economy. In truth, it is a case study in how not to make policy. By handing over the responsibility for resolving the dispute to

Conservative politicians used to bemoan the way Australia’s youth mindlessly imported American culture, but you don’t hear so much of that these days. Maybe it’s because many conservative politicians have become so comfortable importing their political talking points from their US counterparts. Like Republicans in the US, many in the Coalition seem alarmed about debt,

Imagine if we could increase the number of car parking spots in the Canberra CBD by 20 per cent. Now imagine we could do so at no cost to government, business or individuals and with no disruption. Would you support it? I imagine you would. So, what’s the catch? The catch is that most street-side

According to Rene Hidding, Tasmania’s Liberal spokesman for forestry, it is “insulting” to Tasmanians to inform them about the tiny contribution the forestry and logging industries make to that state’s employment. Presumably he thinks it would be better to deceive the people? For all of the analysis about what the collapse of the state’s forest

Job ads and corporate websites are often littered with claims that particular companies are “employers of choice” or committed to the wellbeing of staff. But according to a recent survey by the Australia Institute, around one third of the workforce reports experiencing stress and anxiety as a result of their work. About 2.2 million workers

John Howard’s description of work/life balance as a ”barbecue stopper” was more accurate than he realised. Not only does it continue to stop conversation among the ”working families” of such interest to political strategists, but the length and unpredictability of working hours makes it increasingly difficult for friends and families to make plans and keep

Neoclassical economics has a clear definition of a competitive market, but it has been so debased by Australian politicians and business leaders that it now borders on meaningless. According to mainstream textbooks, a competitive market is one in which there are lots of buyers and sellers, none of whom have any market power. Buyers are

They’re not widely publicised, but co-operatives and mutuals give customers a different option to the major banks. You might not like the fact that the big banks dominate 90 per cent of the mortgage lending market or that the finance industry makes a fortune investing your compulsory super in other big companies that buy up

The faith of Australian policymakers and business leaders in communist China to keep delivering record growth is touching. Just as they assume the sun will rise tomorrow, so too do they believe those responsible for setting China’s exchange rate, making five-year plans and running their vast state-owned enterprises will keep doing a great job. When

Alan Jones tried to link the backlash against his insult of Prime Minister Julia Gillard’s late father to the issue of free speech but, in reality, it is the free market that is causing him grief. The problem for the dinosaur of radio is that national brands such as Woolworths and Mercedes-Benz increasingly want their