Today’s 5.75% award wage increase is a necessary boost for the lowest paid workers but does not keep pace with inflation. The Fair Work Commission (FWC) has today explicitly said this increase “will consequently not cause or contribute to any ‘wage price spiral’”. Key Points: Award wage increase of 5.75% is less than inflation, which

Federal MPs, an Olympic champion and acclaimed authors are among dozens of high-profile names urging the Tasmanian government to end to native forest logging.

Despite a mainstream shift in the national conversation away from baseless claims of a “wage-price spiral”, some big business proponents and conservative economists appear unwilling to accept the economic evidence of a profit-price spiral.

New research reveals the growth of ‘gig’ employment in the NDIS and care sector is undermining minimum employment conditions for tens of thousands of workers, with thousands of workers likely earning below-award wages, missing out on superannuation and experiencing inferior WHS protections and gender pay equality outcomes.

The Australia Institute is calling on the Tasmanian Government to follow Victoria and end native forest logging from 2024.

Federal Budget 2023-24 has delayed solving Australia’s structural revenue problem, deferring any change to the Stage 3 tax cuts ($254b over 10 years) or fossil fuel tax credits ($9.4b in 2023-4) until at least May 2024, before the next federal election. The decision to delay revenue reforms leaves the Budget ill-equipped to meet the needs

New research shows fossil fuel subsidies over the forward estimates have increased to a record breaking $57.1b, up from the $55.3b forecast in 2022. As the federal budget approaches, future fossil fuel subsidies will cost 14 times the amount invested in the Australian Disaster Ready Fund, and more than the amount spent on the Australian

New research from the Australia Institute shows that eight in 10 Australians (80%) agree that the Federal Government should spend more money to directly build affordable housing in the Budget. The Australia Institute surveyed a nationally representative sample of 1,002 Australians about their attitudes toward the Federal Government’s response to the housing crisis. Key Findings:

A 7% National Minimum Wage rise for low paid workers would help tackle the rising cost of living for those on award wages while having a virtually undetectable impact on economy-wide prices, new research from leading economists at the Centre for Future Work has found. The data comes as the Fair Work Commission deliberates about

New national research shows a majority of voters feel positive about switching Australian homes away from gas and moving to full electrification, as cost of living and climate concerns continue to rise. The report, based on a nationally representative survey of Australian households undertaken by The Australia Institute and SEC Newgate, reveals very little opposition

New analysis reveals rural and regional communities will get the least from the Stage 3 income tax cuts, with experts warning the package will widen economic inequality between the city and the bush and reduce revenue for essential rural health, education and community programs. 5 of the bottom 10 ‘biggest losers’ from the Stage 3

Inequality has been on steroids in Australia over the last decade with new data revealing the bottom 90% of Australians receive just 7% of economic growth per person since 2009, while the top 10% of income earners reap 93% of the benefits. The data shows a radical reversal on the long term trend from the

A new research report has found that favourable tax and policy treatment of fuel-guzzling utes and SUVs is driving Australia’s transport emissions. Of the top 10 most popular new vehicles in Australia, five are big utes, compared to only 2/10 in the UK. The new research identifies a range of policy options to reduce Australia’s

Research released today by The Australia Institute estimates that NSW could have raised an additional $6.2 billion in coal royalties this financial year if it had adopted Queensland’s royalty system. While NSW households and business have been charged more for energy due to the war in Ukraine, the public has missed out on collecting additional

New research released on International Women’s Day reveals Australian women earn $1.01m less over their working lives than men, based on median income data. Women earn $136,000 less in superannuation over their working lives than men, based on median income data. Women earning the median wage will accumulate approximately $393,676 in super, $151,000 below what

Today’s announced changes to super tax concessions by the Prime Minister and Treasurer are a welcome step towards fairness and sustainability for Australia’s retirement income system. The changes come after more than 15 years research from the Australia Institute into the inequitable and unsustainable super tax breaks for multimillionaires, with our most recent research on

New empirical research reveals the main driver for inflation in Australia is excess corporate profits, not wages, and that inflation would have stayed within the RBA target band if corporates had not squeezed consumers through the pandemic via excess price hikes.

ABS wage price data released today reveals real wages fell by the largest amount on record in Australia last year. Economists are calling on the RBA to recognise the current inflation is not driven by workers wages, but instead by rising prices as Woolworths and Coles post surging profits today and yesterday. Real wages in

The Carmichael Centre at the Australia Institute’s Centre for Future Work is proud to announce the appointment of Prof. David Peetz, one of Australia’s most outstanding labour policy experts, as the new Laurie Carmichael Distinguished Research Fellow. Prof. Emeritus Peetz has recently retired from a long career at Griffith University, where he served as Professor

New analysis reveals residents born in Far West NSW are suffering substantially worse health outcomes than residents in Sydney. People in Far West NSW are dying earlier than they should, from avoidable causes, and while suicide rates have steadied in Sydney, they are on the rise in the most remote parts of the state. The

New research shows the cost to the federal budget of generous superannuation tax concessions is now on par with the cost of the entire aged pension, and greater than the total cost of the entire NDIS in 2022-2023. Economists say billions could be saved if rules governing tax concessions for a minority of ultra-wealthy accounts

Today’s IMF report on the Australian economy underscores the economic and budgetary risks of proceeding with the Stage 3 Tax Cuts for high income earners, according to economic experts. The IMF report, which directly refers to the Government’s ability to restructure the Stage 3 tax cuts in a way which “appropriately balance[s] costs on the

The ABS release of annual inflation data to the December quarter of 7.8% reveals many Australians will be paying more for housing with rapidly rising rents and a likely RBA rate increase at the February 7 meeting, according to the Australia Institute. “This increase is bad news for Australians struggling with the cost of living,

Research released today by The Australia Institute shows that a cotton industry in the Northern Territory would not bring significant employment or tax payments. The findings were submitted to the NT Government’s water policy consultation process, which closed yesterday. Key points: The cotton industry does not create significant employment in Australia. Cotton growing employs just

New research reveals Australian coal export revenue reached $112 billion in 2021-22, an increase on the previous year of $73b or 186%, as Federal Parliament reconvenes to legislate price caps on coal and gas companies making windfall profits, according to a new report From Russia With Love by leading public policy think-tank the Australia Institute.

More than 100 economists and tax experts have published an open letter calling on Prime Minister Anthony Albanese to reconsider the Stage 3 tax cuts for high income earners, labelling the tax cuts as economically unaffordable and unfair. The open letter appears as a full-page advert in the SMH & The Age today. High profile

The Australia Institute surveyed a nationally representative sample of 1,001 Australians about their views on wages and cost of living between 1-4 November. The majority of Australians report that their wages have not kept up with the cost of living over the past 12 months. “This research shows most Australians feel like they are falling

Industrial Relations Reform Sets Stage for Significant Acceleration of Wage Growth.

Stronger climate action and better resource sector governance are two ways in which Australia can partner with countries in our region to promote stability according to a research submission by the Australia Institute to the Inquiry into supporting democracy in our region. Key Points: Climate action has languished for the last decade and fossil fuel

New research shows Australian workers are on average working 6 weeks unpaid overtime per year, costing over $92 billion dollars in unpaid wages across the economy. The average worker is losing over $8,000 per year or $315 per fortnight due to what researchers have branded “time theft”. 23 November 2022 marks Go Home on Time