Articles & Opinions
May 2011
Inconsistency a constant when it pays to advertise
While we might not ever be able to agree on whether advertising works or not, or why it is that companies who say it doesn’t are so determined to spend a fortune doing it, it is easy to answer a slightly different question: do politicians think advertising works? Based on the way they conduct election
Help us conduct more ‘research that matters’; and reflections on the federal budget
Help us conduct more ‘research that matters’ with an End of Financial Year donation Richard’s reflections on the federal budget Recent publications Recent media Help us conduct more ‘research that matters’ with an End of Financial Year donation The Treasurer has just done the books for Australia and many of you will be preparing to
Recent media
Why the obsession with a budget surplus?, The Drum, 9 May ‘Green jobs’ won’t save the debate, Climate Spectator, 6 May Retailers battered by online shopping, ABC Radio National Breakfast, 9 May Dick Smith’s foreign food fightback, A Current Affair, 12 May Go back to Between the Lines
Recent publications
Surplus fetish: The political economy of the surplus, deficit and debt, D Richardson, 9 May The industries that cried wolf, R Denniss, 18 April The price of disloyalty: Why competition has failed to lower ATM fees, J Fear, 17 February Complementary or contradictory? An analysis of the design of climate policies in Australia, R Denniss
Richard’s reflections on the federal budget
Once upon a time the justification for delivering the federal budget speech at 7.30pm was so that the stock market and money market would have time to absorb the information before the next day’s trading began. But these days, with many Australian shares listed on international stock exchanges and the Australian dollar traded just as
Help us conduct more ‘research that matters’ with an End of Financial Year donation
The Treasurer has just done the books for Australia and many of you will be preparing to do your own as the end of the financial year approaches. Don’t forget that all donations of $2 and above to The Australia Institute are tax-deductible. Independent ideas can only come from independent funding. While you will be
Green jobs’ won’t save the debate
There has been a lot of talk about the need to ‘reframe’ the debate about climate change among the Australian environment groups who have tasked themselves with persuading our politicians to reduce Australia’s greenhouse gas emissions. Unfortunately, their attempts to reframe the debate have been as unsuccessful as their attempts to persuade our politicians. The
Australia a low-tax country; the industries that cried wolf; high stakes in gambling reform
Australia: a low-tax country The industries that cried wolf High stakes in gambling reform Recent publications Recent media Australia: a low-tax country The federal budget will be handed down in a fortnight’s time and the Treasurer Wayne Swan has taken to the airwaves to warn us it will be lean and “unpopular”. Predictably, the Government
Recent media
The high price of ATM promiscuity, ABC The National Interest, 8 April Hiding $50b: down periscope, The Canberra Times, 29 April Revealed: banks escape tough rules, The Age, 27 April Go back to Between the Lines
Recent publications
The industries that cried wolf, R Denniss, 18 April The price of disloyalty: Why competition has failed to lower ATM fees, J Fear, 17 February Complementary or contradictory? An analysis of the design of climate policies in Australia, R Denniss and A Macintosh, 9 February Go back to Between the Lines
High stakes in gambling reform
No doubt inspired by the success of the mining sector in its fight against the Government’s Resource Super Profits Tax , ClubsAustralia recently tried to flex its muscles by launching a $20 million campaign against the Government’s proposed gambling reforms instigated by Independent MP Andrew Wilkie . The blokey ‘It’s un-Australian’ ad warned punters that
The industries that cried wolf
As a child, the story of the boy who cried wolf would have kept many of us from telling fibs or raising a false alarm. Yet, in the adult world of business it seems Aesop’s fable doesn’t carry much weight, or at least when it comes to discussing the impact of putting a price on
Australia: a low-tax country
The federal budget will be handed down in a fortnight’s time and the Treasurer Wayne Swan has taken to the airwaves to warn us it will be lean and “unpopular”. The recent natural disasters have cut $9 billion from economic output and tax collections are down this financial year by $4.5 billion. But, the Treasurer
April 2011
Hiding $50b: down periscope!
The Defence establishment must find it pretty hard not to chuckle when they hear people talking about climate change policy. Climate change has been described as a fundamental challenge to democratic decision making. The problem, we are told, is that while the costs are up front the benefits are both uncertain and will arise in
High risks in carbon gamble
The only thing that big business in Australia wants more than certainty is the certainty that they will get their own way. When they aren’t certain about that, it’s amazing how much uncertainty they are willing to tolerate. It seems it’s better to have a chance of a win than be certain of a loss.
Supermarkets too big to fail
Picking teams in Australian policy debates used to be as simple as picking sides in old movies; the good guys wore white, the bad guys wore black, and the audience knew where everybody stood. But life just isn’t that simple especially when we consider the milk price war that is raging at the moment. Am
March 2011
Hedging bets on nuclear safety; is the mining sector important; get the inside scoop on economics
Nuclear industry hedging its bets on safety Just how important is the mining sector to Australia? The hidden unemployed Do you or your colleagues need to know more about economics? New contact details for The Australia Institute Nuclear industry hedging its bets on safety As Japan faces the aftermath of the triple tragedies of earthquake,
Do you or your colleagues need to know more about economics?
New courses offered by The Australia Institute The Australia Institute offers tailored courses on understanding economic concepts and how they apply to your specific circumstances. Whether you’re involved in the creation of policy, advocacy or you just need to understand some economics to better do your job the Australia Institute can provide a course to
The hidden unemployed
The official (seasonally adjusted) unemployment rate now stands at 5 per cent and there is talk again that Australia has virtually attained full employment. However, other labour market data released in March shows that the official figures hide the real extent of unemployment in Australia. For example, while the number of unemployed at the moment
Just how important is the mining sector to Australia?
Just how important is the mining sector to Australia? Sure, we all know that Australia is in the midst of a mining boom but does it deserve to be considered the darling of the economy? New figures from the Australian Bureau of Statistics (ABS) show that in the year to February 2011 305,700 jobs were
Nuclear industry hedging its bets on safety
As Japan faces the aftermath of the triple tragedies of earthquake, tsunami and nuclear pollution the world is again forced to confront the consequences of the faith it has placed in nuclear energy. While the public is largely united in its desire to move away from nuclear energy the uranium industry remains upbeat in its
NL 65, March 2011
This edition of the Institute’s newsletter looks at the foundations of Australian attitudes to boat people, patenting human genes, the politics behind the carbon tax, what “Made in Australia” really means and the consequences of high ATM fees. It also examines gambling revenue and the consequences that gambling reform will have on state and territory
Let the shopping spree begin
Prime Minister Julia Gillard’s decision to give U.S. President Barack Obama an iPod of Australian music speaks volumes about the ongoing evolution of the strong relationship between Australia and the United States. While successive leaders have demonstrated their warm commitment to the international relationship, it is hard to imagine John Howard, or even Kevin Rudd,
February 2011
Good politics, good policy
Julia Gillard’s multi-party committee on climate change (MPCCC) has achieved what the Rudd government should have relied on its cabinet for – a good political outcome likely to deliver a good policy outcome on that wicked problem of climate change. While there is still plenty of room for negotiations to go off the rails, the
Convenient cash, kids in detention, Rudd’s ‘Tale of Two Cities’
Between the Lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at ATM fees, children in detention and the prime ministership of Kevin Rudd.
Owning an ATM is money in the bank
Each and every day millions of Australians pay financial institutions to access their own money. Some pay more while others pay less, depending on the way they do it. Sometimes, as with EFTPOS transactions, the price consumers pay for their own money is largely invisible, being factored into the prices of goods and services. In
January 2011
Rebuilding Australia’s retail industry
For the past two or three decades we have been told that globalisation and free trade will speed up the pace of capitalism and deliver innovation and efficiency to the benefit of all. Now we have a classic case study unfolding before our eyes: the changing structure of the Australian retail industry. Change of course
GST $1000 threshold: retailers’ share in more trouble than Harvey’s image
Henry Rosenbloom, founder and publisher of Scribe, argues that while there are good political arguments for maintaining the $1000 threshold for imposing GST on imported goods, there are no reasons of “principle” for doing so. If that’s the strongest argument that can be mounted in defence of the big retailers, then their market share is
What would life be like without government?
We start the year by considering what the role of government ought to be. Despite some spectacular failures of government policy in 2010 there is still a valuable and important place for bold ideas and the ambition to act collectively.
High profits not high taxes driving shoppers online
According to Australia’s big retailers the Australian tax system is making them uncompetitive against overseas online stores. Poor old Gerry Harvey says he will have to set up an online shop in China so that he too can ensure that Australians importing things worth less than $1,000 via the internet can avoid paying GST. But
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