Articles & Opinions
August 2010
Major parties pay the price for lack of courage on big issues
The most boring election campaign in living memory has delivered the most interesting election result since World War II. While the major parties, and many of the commentators, are struggling to figure out what it all means, the result is actually quite simple to interpret. Australia’s voters do not think that either the ALP or
Money and Power
Despite the prosaic origins of our constitution, many of us still treasure the right to vote. We might feel we have little influence over government decision-making, but at least we get a chance to pronounce judgement every three years. Except that we don’t – not like we used to. Because in this election, the voice
We don’t need stronger banks, we need stronger regulation
Don’t you just love the banks? They just give and give and give. In fact, they are so generous that, according to a recent survey by The Australia Institute, more than half of Australians who do not have a job received unsolicited offers of credit cards last year. Offering money to people in their time
For true democracy, rules of the game must change
The problem with modern elections is that they are designed to actively prevent community debate about the big issues. It is not an accident, it is not the media’s fault (well not entirely), and it is not the fault of new technology and the 24- hour news cycle. It is simply the consequence of two
Money and Power: How much is too much for corporate Australia?
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at corporate behaviour, the influence of the resources sector on the climate change and RSPT debates, and corporate donations to political parties.
July 2010
For the love of profits: Australia’s skills shortage
Big business loves rapid population growth for the simple reason that they profit from having more potential customers. Governments seem to love rapid population growth because they benefit from having more taxpayers. But neither big business nor government wants to invest in the essential infrastructure that all those extra customers and taxpayers require. While the
Banking on hasty growth
In a big Australia, there are more people, more profits. But it’s a lazy way to grow. This opinion piece by Richard Denniss, first published in The Age, argues that population growth should impose obligations on governments to invest in new schools, new hospitals and new public transport.
Green jobs, dog-whistling and political donations
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at the nature of green jobs and their creation; the return of dog whistling in political speech; donations to political parties.
June 2010
NL 62, June 2010
This edition of the Institute’s newsletter looks at the mining super profits tax, a charter of human rights, Australians missing out on government assistance, the war in Afghanistan, free trade agreements and the PBS, the Institute’s Measuring what Matters project, and peak oil.
Missing out
“Welfare cheat” stories have become a staple for tabloid current affairs programs in Australia. We regularly hear about the scourge of dole bludgers and those in the community who are claiming benefits but appear to be healthy. In fact, the recent Budget announced a crackdown on the disability support pension by overhauling the impairment test.
May 2010
Why we need a Resource Super Profits Tax
The Minerals Council of Australia’s advertising campaign against the Resource Super Profits Tax (RSPT) highlights its $80 billion tax payments over the last decade. Eighty billion dollars in the abstract does not really mean much. It has to be related to the mining industry’s profits and compared with other industries. Using the national accounts as
The Australia Institute’s ‘Budget in Reply’
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at the Budget with regard to climate-change policy, child care and superannuation.
Populate or perish
Should Australia increase its population to 36 million? In this era of evidence-based policy, it seems strange that for all the government inquiries that have been held there is yet to be a major scientific, social and economic analysis of the impact of rapid population growth in Australia. While it might be hard to agree
Handicap banks to level out the field
The big banks now dominate the Australian financial system in the same way that the Melbourne Storm dominated the rugby league. They take the profits they made last year and they use them to fend off new competitors next year. They take the profits they earn in one part of their business and cross subsidise
April 2010
Time for a carbon tax; more money for you; measuring what matters
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at a carbon tax; reforming the financial services industry and measuring what matters.
Time for a breath of fresh air
Back before the CPRS took the wind out of the community it was common sense to believe that early action was cheaper than delayed action. And back before anyone had heard of ’emission intensive trade exposed industries’ it was patriotic to believe that Australia should lead the world, not lag it. If we are to
March 2010
Private health insurance; too much government debt?; measuring what matters; superannuation
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at subsidising Lycra at the expense of knee surgery””private health insurance premiums rise again; is Barnaby right? Is there too much government debt?; measuring what matters; shaking up the super industry.
NL 61, March 2010
This edition of the Institute’s newsletter looks at bank profits, loyalty cards, the government’s My School website, barriers to women’s employment, population policy and the role of carers.
Redressing the balance for members
A lot of people in the superannuation industry are very worried at the moment. This is not because they see another market crash on the horizon; things are generally back on track in that sense. They’re worried because things are about to get much better for millions of ordinary working Australians at the expense of
A licence to print money: bank profits in Australia
Banking is an essential part of the Australian economy – almost an essential service. So why should it be “extremely profitable” to use the former RBA’s Governor’s words? Why do bankers have to be exceedingly privileged? What does that mean to those of us who need to use the banking system? And what can we
Insulation; Telstra’s profits; banking on getting them while they’re young
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at insulation: the wrong kind of price signal; Telstra profits at the expense of low-income earners; and, banks and financial literacy programs.
Dick Smith talks population – Wednesday, 10 March
The Australia Institute and Sustainable Population Australia will host a speech by Dick Smith on Wednesday, 10 March. Dick will discuss ‘Population: the elephant in the room we have ignored for too long’. 5.30 for 6pm start Molonglo Room Canberra Club 45 West Row Canberra City More details are provided in the attached flyer.
February 2010
Taking from the Banks to Give to the Worthy
Originally printed in The Age. Nearly 800 years after celebrated rogue Robin Hood and his entourage of bandits launched raids from their Sherwood Forest hide-out – redistributing wealth from a greedy and corrupt aristocracy to the starving peasantry – he has been recruited to a new campaign. This month, 350 prominent economists, including Nobel Prize-winner
Dealing with the Senate’s climate impasse
The Greens and government should at least be able to agree that some carbon price is better than none, writes Richard Denniss.
Measuring what matters
Is Australia getting better or worse? The economy is growing but our greenhouse gas emissions are rising. More money is being spent on health and education but are we healthier and wiser because of it? The Australia Institute wants to develop a new series of indicators of Australia’s social, environmental and genuine economic wellbeing. We
Wayne Swan fiddling as climate burns a budget black hole
According to the spin doctors, governments should never let a crisis go to waste. And of course the best crises are the ones you invent yourself. Done well, they ensure others spend a lot of time worrying about the wrong things. Of course the latest intergenerational report, like its predecessors, is full of doom and
January 2010
The great big pay disparity
The Commission’s final report reveals little inclination to seriously address excessive executive remuneration. While its recommendations aimed at reassuring shareholders have been watered down, there is a distinct lack of recommendations aimed at addressing the equity issue which the report so starkly highlights.
Rudd should never have tied carbon cuts to Copenhagen
AH, Copenhagen. Never before have so many gathered for so long to achieve so little. In the past year, the government has consistently linked the need to pass the CPRS with the need to get a binding agreement at Copenhagen. Rather than focusing on the real dangers of climate change and the benefits of early
December 2009
NL 60, December 2009
This edition of the Institute’s newsletter looks at the CPRS, indigenous affairs, food waste, the Disability Discrimination Act, homelessness, congestion charging, superannuation, unpaid overtime and national Go Home On Time Day, and emerging issues for Australia’s youth.
Cooper Review; welfare paternalism; banks and bananas; Christmas leftovers
Between the lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition looks at the Cooper Review into superannuation; the ‘quarantining’ of income support; the Carbon Pollution Reduction Scheme; bank profits and food waste.
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