Media Releases

December 2008

Choice of Fund fails to engage consumers

The Choice of Fund Policy has failed to resolve widespread consumer disengagement with superannuation. As few as four per cent of workers switch super funds each year and around half of this is ‘passive’ choice due to job change or fund closure. Choice of Fund has also been largely unsuccessful in lowering the number of

November 2008

October 2008

Electricity sector neglects renewables research

The electricity industry generates around 45 per cent of Australia’s carbon emissions so it is surprising to see so little R&D in this industry. The electricity industry should be at the forefront of exploring lower emissions and renewable technologies, but the figures suggest the industry is not serious about doing so.

Put customers before profit

Australian banks should pass on the full cut in the interest rate to their customers. The Reserve Bank is trying to stimulate the economy, not the profits of Australia’s big banks.

September 2008

August 2008

May 2008

March 2008

February 2008

Creating more jobs from the stimulus package

As many as 20,000 full-time jobs could be created for just $1 billion according to a submission by The Australia Institute to the Senate inquiry into the Government’s proposed stimulus package. For $42 billion the government is only expecting to sustain 90,000 jobs over two years, which is $233,000 per job per year. At just

January 2008

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glenn.connley@australiainstitute.org.au

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