Media Releases
September 2012
Opposition engages in class warfare by attacking super rebates for low income earners
Media release 14 September 2012 Press reports today suggest the Coalition has plans to scrap the superannuation rebate for low income earners. A recent publication by The Australia Institute ‘Can the taxpayer afford ‘self-funded retirement’?’ has drawn attention to the super rorts benefiting high income earners in Australia. ‘When in government the Coalition turned superannuation
August 2012
Survey results – Perception versus reality: Forestry in Tasmania
In July 2012 The Australia Institute conducted an online survey of 542 Tasmanians regarding their perceptions of the forestry industry and its contribution to the state’s economy.
James Price Point LNG project will cost jobs and drive up cost of living for local communities: new analysis
According to the Western Australian government’s own economic assessment, the Browse LNG precinct proposed for James Price Point is likely to have a significant adverse impact on the state’s budget, will employ few local workers and harm the region’s reputation as a tourist destination, a new analysis by The Australia Institute has found. Mr Matt
July 2012
June 2012
Social media not the panacea for loneliness: new study
The risk of loneliness increases for those in the community raising children, either as a single parent or as part of a couple, a new study from The Australia Institute has found. All the lonely people: Loneliness in Australia 2001-2009 reveals that three in ten Australians experienced loneliness in that period and that the number
Two speed economy has gender impact
Media release Today’s increase in the unemployment rate to 5.1 per cent in May hides important gender differences in the unemployment experience, according to The Australia Institute. With the male unemployment rate remaining the same at 4.8 per cent, female unemployment has seen an increase of 0.3 percentage points to 5.5 per cent. “Today’s figures
May 2012
Arrow’s own analysis of planned Gladstone LNG plant shows 1,600 jobs could be lost
Media release Arrow’s own analysis of planned Gladstone LNG plant shows 1,600 jobs could be lost. A Liquefied Natural Gas (LNG) plant proposed for Gladstone will have serious negative consequences, including large job losses, across the local and State economy, according to an analysis of the project’s own Economic Impact Assessment (EIA). Arrow Energy concedes
Big Four banks earn $12 million per day by delaying interest rate cut
Every day that the Big Four banks delay passing on the Reserve Bank’s interest rate cut of half a per cent represents a transfer of around $12 million from home buyers with variable loans to the banks, according to The Australia Institute. An analysis of the ANZ’s new financial report shows that the bank has
April 2012
Note to Joe: Australians support a rise in the Newstart Allowance
The Gillard Government and Opposition are out of step with community attitudes towards welfare payments with a new survey showing that Australians support an $84 increase to the Newstart Allowance. Most Australians believe that the current Newstart Allowance is far too low to meet the most basic costs of living the survey reveals. When asked
March 2012
QLD mining boom to destroy 20,000 non-mining jobs
Media release QLD mining boom to destroy 20,000 non-mining jobs Queensland’s massive mining boom is likely to destroy one non-mining job for every two mining jobs it creates, costing around 20,000 jobs, according to a new analysis by The Australia Institute. Job creator or job destroyer? An analysis of the mining boom in Queensland by
Mining boom causing tourism gloom for Cairns
The mining boom continues to drive international tourists away from Cairns and Far North Queensland on the back of the high Australian dollar, according to a new analysis by The Australia Institute, a Canberra-based think tank. The analysis shows that in Far North Queensland international tourism numbers have slumped from 868,303 to 648,959 over the
Queensland’s two-speed economy – who wins, who loses from the mining boom?
Everyone has heard how good the mining industry is for Queensland but is this actually the case for industries other than mining? There currently is a huge and unprecedented expansion of coal and coal seam gas mining under way across Queensland . There is no doubt that this will destroy existing jobs in tourism and
Cairns two speed economy
Everyone has heard how good the mining industry is for Queensland but is this actually the case for areas like Cairns and the Far North? The world’s largest coal mine is being developed 400km inland from Cairns, with a proposal to ship coal through the Whitsundays. There is no doubt that it will destroy existing
February 2012
Local communities should question alleged benefits of Santos NSW CSG projects
The alleged benefits to NSW communities from Santos’ plans to develop coal seam gas (CSG) reserves in the north west of the state should be questioned in the light of inconsistencies and flaws in the economic modelling used to support the project, according to The Australia Institute. Santos recently commissioned the Allen Consulting Group to
January 2012
Pokies reform not costly and would create jobs
Industry claims that poker machine reform will cost $5 billion can only be described as fanciful, with a new analysis by The Australia Institute showing that the cost is likely to be between $171 million and $342 million. The Institute’s Executive Director Dr Richard Denniss said the $5 billion estimate is an exaggeration based on
December 2011
Clive Palmer’s new QLD mine to hit Victorian and South Australian manufacturing
The China First mine proposed for Queensland is so large that even the economic impact statement prepared by the mine’s proponents finds that it will drive more than $1.2 billion worth of manufacturing offshore, cause 3,000 job losses and result in higher housing costs and a less equal distribution of income. Dr Richard Denniss, Executive
November 2011
Government’s surplus fetish reveals poor priorities
The announcement today of a $20 billion dollar hole in the budget is a storm in a teacup and only proves that the government’s pursuit of a surplus has more to do with politics than economics, according to The Australia Institute’s Executive Director Dr Richard Denniss. “Australia’s GDP is more than $1,400 billion per year,
History suggests undertakings to protect Foster’s brand might be worthless
The history of takeovers in Australia suggests that the undertakings SABMiller PLC gave to retain Foster’s iconic Australian identity are likely to be worthless, according to The Australia Institute. SABMiller PLC, the foreign buyer, has undertaken that: •Operations will remain in Australia •Production facilities will not be moved offshore •Foster’s iconic brand portfolio will be
Beware of bosses bearing gifts: National Go Home On Time Day 30 November 2011
Many workers who are given mobile phones and laptops by their employer feel obliged to work overtime, new research by The Australia Institute reveals. The research on the increasingly blurry boundary between work and life was conducted for this year’s national Go Home On Time Day, which will be held on Wednesday November 30. Now
October 2011
Sick Australians forgoing medication as out-of-pocket expenses mount
Australians are paying more than $1 billion each year in out-of-pocket expenses for GP visits, pharmaceuticals, pathology and diagnostic testing despite Medicare’s pledge to provide ‘fair and affordable’ health care, a new study by The Australia Institute reveals. The study also confirmed that many Australians are forgoing treatment, with almost a quarter of survey respondents
September 2011
Mining industry ads work, but fewer manufacturing workers do
Public perceptions of the size and significance of the mining industry to the Australian economy are radically different to the facts, a new survey by The Australia Institute reveals. When asked what percentage of workers they believe were employed in the mining industry, the average response was around 16 per cent, when according to the
August 2011
Search engine market power poses risk to online competition
Two thirds of Australians are in favour of the government taking action to ensure competition on the internet, new research by The Australia Institute reveals. Despite this, and the boom in online retail being fuelled by consumers’ desire for choice, a surprising number of people are less concerned about a lack of diversity online than
Direct Action will need more public servants than the Department of Climate Change
The Australia Institute today called on Opposition Treasury spokesman Joe Hockey to outline how many public servants they will require to administer their ‘direct action’ climate change plan, in light of his comments about disbanding the Department of Climate Change and Energy Efficiency. Mr Hockey has said that the Coalition is considering disbanding the Department
July 2011
Address by Dr Richard Denniss to the National Press Club
I’ll start with a confession. I would like to confirm that like my esteemed colleague I am not, and have never been, a climate scientist. I am an economist who has watched the way we develop policy for many years. And I am also a citizen, an employer, and a father who on a regular
Direct Action expensive and ineffective
The Coalition’s proposed Direct Action Plan to combat climate change is likely to cost $11 billion per year, require hundreds of new, highly-trained public servants to administer it and would still be unlikely to achieve any meaningful abatement, a new analysis by The Australia Institute reveals. The Direct Action Plan is a form of competitive
Lazy’ workers not to blame for productivity slump
The mining industry, not Australian workers, should be shouldering the blame for Australia’s flagging productivity growth, according to a new analysis by The Australia Institute. In a speech last night Dr Martin Parkinson, the new head of Treasury, quoted figures showing that Australia’s annual productivity growth slipped from 2.1 per cent in the 1990s to
May 2011
Aussie consumers put price first in retail battle of bricks versus clicks
The online retail boom is overwhelmingly being driven by people wanting to save money despite concerns it hurts local jobs, a new paper by The Australia Institute reveals. The rise and rise of online retail confirms many of the assumptions made about consumer attitudes and behaviour in relation to online shopping. 85 per cent of
Tobacco companies using brand recognition to gouge $500 million per year from customers
The threat by big tobacco companies to slash cigarette prices if the Government presses ahead with its plan to legislate for plain packaging is proof that smokers in Australia are being ripped off to the tune of $500 million per year, according to analysis conducted by The Australia Institute. “The tobacco companies are saying that
Surplus fetish costing taxpayers
The bipartisan obsession with returning the federal budget to surplus has provided a convenient distraction from the genuine debate which is needed in Australia about when we will invest in infrastructure and social welfare, according to a new paper by The Australia Institute released today. Surplus fetish: The political economy of the surplus, deficit and
Banking report lets the big four off the hook
The Senate Economics Committee report into the banking sector, released today, is a disappointing missed opportunity to initiate much-needed reform to rein in the power of Australia’s big four banks which exploit their market power at the expense of consumers and small businesses, according to The Australia Institute. Senior Research Fellow David Richardson said the
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