November 2019
Hydrogen Haste: Australia Institute Research Reveals Highly Inflated Figures
New Research from The Australia Institute’s Climate & Energy Program has identified serious concerns with hydrogen demand projections, regularly cited by State and Federal Governments, energy experts and industry figures, which overstate potential export demand by a factor of up to 11. Due to this supposedly high demand, COAG Ministers will be asked to support
Geelong’s Industrial Transition: Cars to Wind Turbines
New research presented in Geelong today looks at how Denmark leads the way in industrial transition and opportunities for Australia. Danish wind energy company Vestas is operating at the old Ford car factory site in Geelong, Victoria. This represents not just a change of industry but an opportunity to improve the way Australian regions manage
‘Go Home on Time Day’ 2019: Australian Employers Pocketing $81 Billion Worth of Unpaid Overtime, Report Reveals
New research from The Australia Institute’s Centre for Future Work estimates that Australian workers are currently working an average of 4.6 hours of unpaid overtime each week, which translates to 6 weeks of full time work without pay, per employee, per year – with an annual worth of $81.5 billion for Australian employers.
Majority of Tasmanians want Medevac Law to Stay: Polling
A majority (62.8%) of Tasmanians want Medevac to stay compared to just 27% of people who want it abolished, according to a new poll from the Australia Institute. Parliament is considering whether to keep or abolish the Medevac law. The Australia Institute commissioned uComms to survey 1,136 residents across Tasmania during the night of 22nd
Poll: Land Tax Aggregation Supported by 4 in 5 South Australians
New research from The Australia Institute has found strong support amongst South Australians for land tax aggregation, funding for affordable housing and measures that would require politicians to reveal personal interests before voting on land tax legislation. Key findings; – 4 out of 5 South Australians (81%) support property portfolio aggregation for taxation purposes –
Chronic Unemployment a Consequence of Deliberate Economic Policies
There is a contradiction between Australian macroeconomic policy—which deliberately maintains unemployment at 5% or higher—and a culture that blames unemployed people for their own unemployment and hardships.
Equinor Knocked Back Again: NOPSEMA Cites ‘Oil Spill Risk’ and Other Issues
The offshore oil and gas regulator NOPSEMA has once again taken issue with the environmental plan submitted by Equinor as part of their attempts to drill for oil in the Great Australian Bight. Citing a lack of information relating to ‘consultation, source control, oil spill risk, and matters protected under Part 3 of the Environment Protection
South Australia Short-Changed as Norway Makes Bank from the Bight
If Norwegian company Equinor is given permission to drill for oil in the Great Australian Bight, it will likely pay the Norwegian Government more than it will pay in Australian Government taxes and up to 27 times more than they will pay to the South Australian Government, a new report from The Australia Institute has
October 2019
Voters still back a Takanya/Tarkine national park over logging
A Ucomms poll commissioned by the Australia Institute of 1,136 residents across Tasmania on the evening of 22nd October, found almost two thirds of Tasmanians want to see takayna/Tarkine protected rather than logged. Despite state government plans to log old growth and rainforest in takanya/Tarkine, support for preserving the forests in a national park remains
University-to-Job Pathways Key to Boosting Graduate Employment Outcomes
New research shows active strategies to directly link university degrees to a job are needed, to better support university graduates as they negotiate a rapidly changing labour market. The report, by the Australia Institute’s Centre for Future Work, shows that employment outcomes for university graduates have deteriorated significantly since the Global Financial Crisis, with only
Nuclear Power Uninsurable and Uneconomic in Australia
New research has revealed that financial services in Australia will not insure against nuclear accidents, and if developers of nuclear power stations were forced to insure against nuclear accidents, nuclear power would be completely uneconomic. The Australia Institute’s submission to the Inquiry into the prerequisites for nuclear energy in Australia, shows that establishing a nuclear
Newstart ‘not transitional, $75 boost insufficient’: Australia Institute report
The Australia Institute’s submission to the Senate inquiry into the adequacy of Newstart has shown that, currently, the unemployment benefit is neither sufficient nor transitional, as the Government claims. The single rate of Newstart would need to be increased by more than $180 a week to reach the Henderson poverty line and the average length
Dam Shame: the New Dams Politicians Won’t Talk About
Research released by The Australia Institute today contradicts claims by federal and state government ministers that new dams are not being built in Australia. The report, Dam shame: The hidden new dams in Australia, shows that 20 to 30 large new dams have been recently constructed, funded at least in part by the taxpayer. At least
Aggregating Land Tax Good Policy but Cuts Go Too Far: Australia Institute
The Australia Institute’s submission to the State Government’s review of the draft Land Tax (Miscellaneous) Amendments Bill 2019 supports the idea of aggregating land portfolios for taxation purposes but raises concerns about the lost revenue that will result from deep cuts to the state’s top rate of land tax. “The proposed changes to land tax
September 2019
New Analysis: Monetary Policy Spent
Monetary policy in Australia is no longer effective and the task of stimulating the economy should be taken up by a more active fiscal policy, shows new research by The Australia Institute. The report, Monetary Policy is Spent: It’s Fiscal Policy or Bust by David Richardson senior research fellow at The Australia Institute, shows that
Adani yet to contact regulators on rail-royalty deal
Research released today by The Australia Institute shows that preparations have not begun on parts of the Adani royalty deal, which is due for completion on Monday 30 September. Key findings The Adani royalty deal allows Adani to defer royalty payments and pay them back at discount interest rates. Estimates for the value royalty-related subsidies to Adani range from
Poll: Boosting Surplus not a Priority
New research shows seven in ten Australians (72%) think that, if Australia is at risk of a recession, the Government should prioritise economic stimulus over the budget surplus. The Australia Institute surveyed a nationally representative sample of 1,464 Australians about their economic priorities. Key Findings: 72% of Australians say that, if Australia is at risk
Majority of Australians want Murray Darling policy to prioritise food security and family farms
New research released today by The Australia Institute shows that the vast majority of Australians prioritise production of food for Australian consumption, and support for family farms in the Murray Darling Basin. When respondents were asked to rank agriculture and water policy goals: Top water policy priorities for the Murray-Darling Basin include: Three quarters of
August 2019
Iceland Shows the Way to Parental Equality with Fathers Leave
New research presented in Sydney today looks at how Nordic countries have a long history of placing emphasis on policies providing both mothers and fathers with the opportunity to work and care. Visiting Icelandic academic Ásdís Aðalbjörg Arnalds is in Sydney today to present her new research on Icelandic paid parental leave – and in
Fire and Forestry: How Intact Forests Can Work As Buffer to Bushfires
“More than any other state, Tasmanians live in and on the edges of the bush,” said Leanne Minshull, Director of the Australia Institute Tasmania. “As the severity of fires increase, so does the impact on our homes, our communities and our economy, we need to look at this problem holistically to have any chance of
BCA Investment Allowance Proposal Welcomed
“The Business Council of Australia proposal for an Investment Allowance deserves support,” said Ben Oquist, Executive Director of the Australia Institute. “Given the weakness of the Australian economy, with interest rates heading towards zero and monetary policy effectively being exhausted, other measures to stimulate the economy deserve support. “The BCA proposal should be supported at
July 2019
Tasmanians missing out on revenue from fish farms
The Tasmanian government may have forgone millions of dollars in potential revenue from the rapid growth in the fish farming industry according to a new report from The Australia Institute. Key Findings: Annual lease and licence fees paid by the salmon industry to the State Government, represented 0.1% of the total farm-gate production of the
Qld Government and Opposition race to subsidise Adani
Research released today by The Australia Institute shows that coal mines in Queensland receive a discount on royalty payments of up to 17% relative to similar mines in NSW. This effective subsidy could be increased under a State Government deal with Adani currently being negotiated. “Mines like Adani’s effectively get 17% of their coal for
New Figures Show Bottom 40% Going Backwards
The release of ABS Household Income and Wealth figures confirm that the bottom 40% of Australians are going backwards. Wealth of the bottom 40% has decreased Not only has the average wealth of the bottom 40% fallen, the total wealth of the bottom 40% has also fallen. Meanwhile, the top 20% saw their total wealth increase
Canberra shows Australia: Progressive policies nationally popular and proven to work
Most Australians want 100% renewable energy, a stamp duty to land tax swap and pill testing at music festivals in their own state, new national polling from The Australia Institute shows. A new report from The Australia Institute, authored by Bill Browne, shows that most of the Australian Capital Territory’s innovative policies have majority support
SA Voters Reject Privatisation, Believe it Caused Energy Price Rises
New research from The Australia Institute has shown that South Australians consider the privatisation of their energy network to be the number one reason for the increasing cost of electricity. Price gouging from power companies was considered the second most likely cause of increasing energy costs, according to the survey. Key findings; – 40% of
June 2019
Income Tax Cuts: Largest Single Budget Measure Not to Face a Senate Inquiry
The income tax cut legislation to be introduced to Parliament this week is the largest single budgetary measure not to face a Senate Inquiry. The Australia Institute is today releasing a proposed Terms of Reference for a potential Senate Inquiry and new analysis on the fiscal risks associated with the Stage 3 tax cuts. “The
No compelling case for an income tax cut to reduce the impact of bracket creep: new analysis
New Australia Institute analysis of the long term impacts of bracket creep shows that taxpayers are being over compensated for bracket creep at all income levels. The government has used bracket creep as a key reason why it needs to implement its income tax cuts package as outlined in the 2019 Budget. Key Findings: The
SA Budget: More Tax Cuts for the Wealthy While Everybody Else Pays
The Marshall Government’s 2019-20 Budget, which doubles down on tax cuts for wealthy property investors while slugging regular South Australians with increased fees and charges, is a disappointing missed opportunity, independent think tank The Australia Institute says. “Increased fees and cuts to services are the price South Australians are being forced to pay because of
Men will get almost twice the benefit from later stages of unlegislated income tax cuts as women: new research
The final stage of the Morrison Government’s unlegislated income tax plan, stage 3(a) favours males by a ratio of almost two to one, according to a new distributional analysis from The Australia Institute’s senior economist Matt Grudnoff. The Morrison Government is yet to legislate the additional tax cuts announced in the 2019-20 Federal Budget,
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