New research released today by the Australia Institute shows that the mining industry is dominated by foreign corporate interests that are spending hundreds of millions of dollars influencing our political process. The report finds that: Total revenue of mining lobby groups over the last 10 years is $524,150,431, with the Minerals Council of Australia accounting

New polling released today asked Australians about the federal government’s handling of the global financial crisis (GFC). 1,408 residents were asked about Australia’s economy during the GFC, in particular the government stimulus spending. Australians have strong positive views about the government’s GFC response overall. Almost two thirds (62%) of Australians agree the GFC would have

The Palaszczuk Government risks a voter backlash as it breaks a clear election promise which ruled out subsidising the Adani coal project, according to a new report from The Australia Institute. First, the Queensland government is ultimately responsible for a $1bn subsidised loan from the Northern Australia Infrastructure Facility (NAIF). Secondly, the Queensland government has

New research released by The Australia Institute today looks at the economic and employment effects of the Ord River irrigation schemes. Expansion of Ord irrigation is part of the Federal Government’s vision for developing northern Australia, but faces opposition from indigenous groups, the Northern Territory government and is dogged by decades of economic failure. The

A high profile community campaign on fish farming has put economic and employment issues in the spotlight. New polling release today asked residents of Lyons about the industry’s performance on modernising in order to protect jobs into the future. “It is clear from these results that even those who back the industry believe that fish

A new report released today from The Australia Institute’s Senior Research Fellow, David Richardson shows that, according to ATO data, the equivalent of 21.6 per cent of Australia’s national income was run through a trust. The latest ATO figures show there are 823,448 trusts with assets of $3.1 trillion, and total business income of $349.2

New analysis shows that the socio-economic status of Canberra parents, not Canberra schools, explain the above average performance of ACT children in national testing. The Australia Institute released a report today that exposes the systemic failure of the ACT’s primary education system and offers recommendations on how to rejuvenate the sector. The Australia Institute report,

The Australia Institute has released new research showing that the development of Adani and other Galilee basin mines would reduce NSW coal royalties by over $10 billion to 2035. [Full report in PDF below] The Institute’s calculations are based on analysis by well-known coal analysts Wood Mackenzie, commissioned by the Port of Newcastle, the world’s

The combined SA and Federal bank levies are less than one-third of IMF ‘safe maximum’ A new report from The Australia Institute’s Senior Economist, Matt Grudnoff, reviews the economic impact of the South Australian government’s proposed bank levy. The research finds that the banks are not only very capable of paying the 0.0036% levy on

Ahead of a National Manufacturing Summit, a new report outlines the industry’s dogged resilience in difficult times, its importance to the Australian economy, and its more hopeful future prospects.

Today’s State budget has reflected our strengthening economy, built on the back of our clean and green image. The boom, fuelled by growth in tourism and the property market, has increased revenue, delivering a surplus of $54 million dollars. The Australia Institute Tasmania have warned that if investment is not made in vital long-term prosperity

African white elephant, a report released today by Jubilee Australia and The Australia Institute examines the proposal for Australia’s export credit agency to fund a coal mine in South Africa. The tax payer-backed Export Finance and Insurance Corporation, known as Efic, is considering a loan to develop the Boikarabelo coal project in Limpopo Province, South

New analysis of tax data shows that limiting the deduction for managing tax affairs to $3,000 is likely to impact only very high income earners. The majority of Australians make no claim for managing their tax affairs, and even amongst those in the top 3% of income earners, most claims do not exceed the $3,000

Latest data from the ABS shows wages growth stuck at 1.9% with no signs of any pick up. Wages growth has now been stuck at roughly this level for the last 3 years.  The ABS has now confirmed that wages growth is running at a slower rate than inflation (Consumer Price Index). According to the

New research from The Australia Institute has found that the Prime Minister’s electorate reaps the greatest benefit from the capital gains tax discount, by a large margin. The CGT discount is expected to cost the budget $9.6 billion dollars this year (2016-17) $44 billion over the next four years. Historical data also shows that, in

Following media report that the Queensland Government and Adani are negotiating a discount on the royalties the company would pay to extract the state/s coal resources, The Australia Institute has calculated the potential cost of a ‘roylaty holiday’ to the taxpayer. The Courier Mail reported that the government and Adani working on this deal: Premier Annastacia Palaszczuk

Steel order of 56,000 tonnes would be less than 1% of Whyalla steelworks capacity. Today’s announcement that the Adani coal project would ‘throw a lifeline’ to South Australian steel producer Arrium is the latest piece of deception from a company renowned for breaking its big economic promises. Canberra-based think tank The Australia Institute, which has

New research from The Australia Institute with YourLifeChoices, published in the Retirement Affordability Index 2017, shows the housing affordability crisis is not just an issue for younger Australians. Economic measures usually put all retired Australians into a single group. This analysis breaks down Australian Bureau of Statistics (ABS) Household Expenditure Survey separately by: couples who

The Australia Institute has calculated that denying tax cuts to those companies with revenue over $10 million would exclude only 1.4 percent of companies. Despite making up only 1.4% of companies, the $10 million+ group account for 78 percent of company tax collections and would therefore take the lion’s share of the benefit from the Coalitions original

Analysis from The Australia Institute’s Centre for Future Work has shown that proposals for phasing in lower penalty rates for work on Sundays and holidays will not “protect” the workers affected by those cuts, and in some cases would make things worse. Simulations of various proposals from political and business leaders for deferring lower penalty

Polling of the marginal seat of Dickson, the seat held by Peter Dutton, shows strong opposition to two Coalition policies before the current parliamentary sitting – welfare cuts, and cutting the company tax rate. The survey, conducted by ReachTEL for Canberra-based think tank The Australia Institute, asked respondents if the government should cut, keep the

Voters in Braddon do not want to see workers paid less on Sundays and Holidays, polling from The Australia Institute has found. The polling of 754 respondents in the electorate of Braddon was undertaken on 2nd March   in the State electorate of Braddon through ReachTEL. Respondents were asked if they believed more jobs would be

New polling of Dawson, the seat held by George Christensen, conducted by ReachTEL, commissioned by The Australia Institute, shows support for Pauline Hanson’s One Nation party at level pegging with the LNP at 30% of the primary vote. Issue-based questions in the same poll revealed strong support in Dawson for an increase to the renewable

The Fair Work Commission’s decision to reduce penalty rates for Sundays and holidays in retail and hospitality jobs will reinforce wage stagnation and further widen income inequality, which is bad news for the economy as a whole, according to Dr. Jim Stanford, Director of the Centre for Future Work at the Australia Institute. “It’s painfully

As the mining boom ends, the mining clean-up boom is beginning. New research from The Australia Institute released today shows that there is minimal information available to the public on how the clean-up is progressing. The report, Dark side of the boom: What we do and don’t know about mines, closures and rehabilitation in New

New polling conducted by ReachTEL for The Australia Institute of the electorates represented by Malcolm Turnbull and Tony Abbott reveals strong opposition for cutting the tax rate, particularly for larger companies. Both electorates registered more support for increasing the company tax rate than cutting it. In the Prime Minister’s electorate of Wentworth 43% supported an

New research counters argument that Australia must ‘compete’ with other countries by lowering its company tax rates in order to encourage foreign investment. The report shows that 71 per cent of foreign investment applications come from countries with company tax rates lower than Australia’s rate. Recent foreign investment flows have increased rapidly from countries with

The Australia Institute have today published Taxing times: The impact of the GFC on tax revenue in Australia which models the sharp decline in Australian budget revenues against a scenario where pre-GFC tax ratios were maintained. This research shows that the main factor leading to the post-GFC deficits and the accumulation of government debt has

The Western Australian government’s state owned Forest Products Commission (FPC) is logging WA’s native forests at a financial loss to the state, as shown in a new report from The Australia Institute, titled Barking Up the Wrong Trees. “The people of Western Australia are losing jarrah and karri forests, and in the process making a

The Australian Bureau of Statistics has released a larger than expected fall in GDP, putting the economy into negative growth at -0.5%. GDP at the lowest rate since 2008 at the height of the Global Financial Crisis. The biggest single culprit to the fall in growth was reduced government capital expenditure. Government capital spending, which