August 2018

To Federal ICAC or not to Federal ICAC?

in Medium

Richard Denniss and Senator Kristina Keneally catch up to discuss whether Australia needs a Federal ICAC on The Lucky Country podcast. Arguments for a national corruption watchdog have been percolating in the Australian political landscape for the last few years. Our polling shows that 85% of Australians believe there is corruption in federal politics at a time when

AGL – reported full year results on 9 August 2018

New analysis by The Australia Institute shows that based on AGL’s annual report, the company tax cut would be a $2.011 billion gift over the first decade of the cut to just this one company. Return to Revenue Watch $ million Profit 2017-18 2,251 Company tax 2017-18 664 Benefit from company tax cut based on

AMP – reported half year results on 8 August 2018

New analysis by The Australia Institute shows that based on AMP’s annual report, the company tax cut would be a $308.95 million gift over the first decade of the cut to just this one company. Return to Revenue Watch AMP $ million Profit 2017-18 340 Company tax 2017-18 102 Benefit from company tax cut based

July 2018

Deconstructing the case for coal

in Medium

There have been some exaggerated claims about future prospects for coal fired power plants lately — Australia Institute research shows these claims are based on misunderstandings, so lets get clear about coal. Commentators and politicians have recently called for renewed investment in coal-fired power generation, including calls for the government to build a new power station in the

Taxes or Wages: What’s the best way to address inequality?

in Medium

Richard Denniss, Waleed Aly and Scott Stephens ask the question: is taxation overvalued as a way of addressing inequality? Full interview on The Minefield. Australians are some of the richest people in the world, living at the richest point in world history — but we feel poorer than ever, even after 27 years of economic growth. So how

In defence of the role think-tanks play in public debate

in Medium

You may have read Miranda Devine’s recent Daily Telegraph piece, criticising The Australia Institute’s research and contribution to the company tax debate. Ben Oquist, Executive Director of The Australia Institute responded in a follow-up piece published in the Daily Telegraph on July 6 which we have reproduced below. Above: Executive Director of The Australia Institute, Ben

June 2018

Cutting through the Company Tax Cuts Guff

Below you will find all research papers on company tax cuts produced by The Australia Institute to date [updated 25.06.18] The big four banks get an extra $7.4 billion dollars: Australia’s big four banks are some of the most profitable banks in the world and are the big winners here, getting an extra $7.4 billion dollars in the first 10

Super-Powering Past Coal: Renewables Cheaper than Coal-as-Usual

in Medium

What does the new long-term energy forecast from Bloomberg New Energy mean for Australia? Dan Cass take a look. The new long-term energy forecast by Bloomberg New Energy roasts all those gloomy predictions made by former deputy PM Barnaby Joyce. The headline says it all, ‘Renewables can make Australia a cheap energy superpower again’. BNEF’s detailed forecasts for Australia

Tax cuts by electorate

by Matt Grudnoff

Read the full report: 2018 tax cuts by electorate. Table of electorates Rank Electorate Percentage  of average Party 1 Wentworth 192% LIB 2 North Sydney 180% LIB 3 Warringah 172% LIB 4 Sydney 167% ALP 5 Melbourne Ports 160% ALP 6 Higgins 159% LIB 7 Bradfield 158% LIB 8 Kooyong 156% LIB 9 Grayndler 154% ALP

May 2018

A Comprehensive and Realistic Strategy for More and Better Jobs

by Jim Stanford

The Australian Council of Trade Unions has released a major policy paper outlining an ambitious, multi-faceted program to address the chronic shortage of work, and the steady erosion of job quality, in Australia. The full paper, Jobs You Can Count On, is available on the ACTU’s website.  It contains specific proposals to stimulate much stronger job-creation, reduce unemployment and underemployment, improve job quality (including through repairs to Australia’s industrial relations system), and ensure that all communities (including traditionally marginalised populations like indigenous peoples, women, youth, and people with disability) have full access to the decent work opportunities that the plan would generate.

Request for audit: Supply measures projects – Murray Darling Basin Plan

by Maryanne Slattery and Rod Campbell

4 May 2018 Dear Auditor-General, Supply measure projects  We refer to the proposed amendment to the Murray-Darling Basin Plan. That amendment is based on 36 ‘supply measure’ projects. Supply measures aim to achieve the same environmental outcome as under the original Basin Plan, but using less water. The Commonwealth has committed $1.6 billion to implement these supply measures. The

Request to Audit: Allegations concerning the purchases of water for environmental flows in the Murray-Darling Basin

The Auditor-General has received correspondence from Senators Patrick, Griff, Hanson-Young and Bernardi, Ms Rebekha Sharkie MP and the Hon. Tony Burke MP dated 24 April 2018, requesting that the Auditor-General conduct an investigation to examine the purchases of water for environmental flows in the Murray-Darling Basin. This request is under consideration and the response will

April 2018

Why the rest of Australia should be thanking South Australians

in Medium

The company tax cuts represents a choice. $65 billion dollars to business means billions less investment in community services, nation-building infrastructure, R&D or jobs training. What we know is that the Government has had to put this legislation on hold when they could not find enough support to pass the legislation in the Senate. The

What’s really undermining the reliability of the national grid? Victoria’s brown coal plants.

in Medium

Victoria’s brown coal power plants are a liability for the National Electricity Market, and they’re just going to get worse. Victoria’s brown coal power plants are a liability for the National Electricity Market. Over the 2017–18 summer, The Australia Institute Climate & Energy Program’s Gas & Coal Watch found 16 major breakdowns at Victoria’s three brown

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