Australian banks are aggressively encouraging customers to take on more debt regardless of their ability to pay it back, a new survey by The Australia Institute has found. The survey results, published in Money and Power: The case for better regulation in banking, reveal the extraordinary extent to which Australian banks promote consumer debt through

Australian families could be more than $2,100 better off if the government introduced a carbon tax, according to a new proposal by The Australia Institute.

A proposal by Victoria’s Premier John Brumby to shut down one quarter of Hazelwood power station, Australia’s dirtiest power station, shows that effective action to reduce greenhouse gas emissions is actually cheaper than the symbolic action favoured by the Rudd and Gillard Governments, according to The Australia Institute’s Executive Director Dr Richard Denniss.

The government’s climate change announcement is a shameful attempt to cover-up a lack of leadership and policy, according to The Australia Institute. Rather than ‘moving forward’, the government is delaying what the scientists and economists tell us is inevitable – the need to put a price on carbon.

Prime Minister Gillard’s vision of a sustainable Australia must incorporate an infrastructure strategy for our major cities, not just regional Australia, according to The Australia Institute.

The recommendations of the Cooper Review into Australia’s Superannuation System could boost super payouts by as much as $100,000, according to analysis by The Australia Institute. This is even higher than the government’s estimate of an additional $40,000 in extra retirement income for an average wage earner.

Thousands of Australians, including carers and the recently bereaved, are missing out on assistance worth $623 million because the government does not actively promote awareness of such entitlements.

A group of leading Australian academic, policy and business economists has issued a statement supporting the replacement of royalties on mineral outputs by a resource rent tax.

Another mining boom will be a mixed blessing for Australia unless the government heeds the lessons from the previous boom and sets up a resources fund, according to The Australia Institute.

The retirement savings of millions of Australians could be boosted by up to $100,000 if the Government adopts the Cooper Review’s MySuper proposal, according to an analysis by The Australia Institute.

The market power enjoyed by Australia’s big four banks is allowing them to increase profits when official interest rates rise. This is the case even when banks pass on only the official rate rise to their mortgage customers.

Australia’s banks are exploiting official interest rate rises to gouge ever increasing profits from customers, according to The Australia Institute. A new Institute study, A licence to print money: bank profits in Australia, reveals that since deregulation in 1983 banks have increased their share of the lending market from 50 to 90 per cent. In

Low income households already bearing the brunt of Telstra’s market power would be worse off if price caps were removed, according to The Australia Institute’s submission to an Australian Competition and Consumer Commission’s review. The ACCC is considering whether competition in telecommunications is sufficient to grant Telstra’s call for price controls to be dropped. The

Greater transparency and public engagement about the potential opportunities and risks presented by nanotechnology is required, according to a new report by The Australia Institute. While still an emerging field, nanoscale sciences and technologies (nanoST) are already present in our daily lives, with more than 1000 consumer products identified as containing nanomaterials.

Australian workers are ‘donating’ more than their annual leave entitlement back to their employers in the form of unpaid overtime, a new survey by The Australia Institute has found.

The slight jump in the official unemployment rate to 5.8 per cent is just the tip of the iceberg, with the true figure likely to be around 12 per cent when the ‘hidden unemployed’ are taken into account.

Australian households are throwing out $5.2 billion worth of food each year, which exceeds the amount they spend on digital equipment such as flat screen TVs, according to new research by The Australia Institute. “To put this into context, the $5.2 billion worth of food that Australians throw out each year is enough money to

Each year, Australians work more than two billion hours of unpaid overtime, a new survey by The Australia Institute has found. Around half of all employees work more hours than they are paid for and international comparisons show that Australians work the longest hours in the developed world. In recognition of the extent of unpaid

Despite Australia avoiding a recession, thanks largely to the Government’s stimulus packages, there remains a real risk of entrenching an underclass of unemployed.

In August, women’s unemployment increased by 0.2 percentage points while men’s fell by 0.2 percentage points. The female underutilisation rate increased by 1.0 percentage points to 15.5 per cent while men’s actually fell 0.6 percentage points to 11.9 per cent

Women account for up to 80 percent of Australia’s hidden unemployed, new research into the current economic downturn by The Australia Institute reveals. The report finds that not only are child-care responsibilities the most common reason why women struggle to rejoin the workforce, but those same responsibilities are a major reason that women are excluded

The Rudd Government is at odds with a majority of Australians in prioritising the needs of business in its climate-change policy, according to a new paper by The Australia Institute.

Seven in 10 Australians support a Commonwealth takeover of public hospitals, according to polling released by The Australia Institute today. There is also widespread public support for the federal government to take full responsibility for environmental protection (including water), infrastructure, public schools and even gambling.

Australia is at risk of failing its Pacific neighbours on climate change if the Rudd Government doesn’t move beyond rhetoric to concrete action on mitigation, adaptation and, ultimately, migration, according to a new report by The Australia Institute. The report, ‘A fair-weather friend? Australia’s relationship with a climate-changed Pacific’, finds that despite Labor’s strong commitments

The announcement today that Robert Hill will head the Australian Carbon Trust is a triumph of politics over policy. It speaks more about the government’s desire to wedge the opposition than to actually address the flaw in the CPRS, which will make it impossible for ordinary people to reduce Australia’s carbon emissions. Under the CPRS,

Discusses how the July 2009 tax cuts are highly skewed towards the rich. High-income earners get $41 per week and low-income earners get nothing at all.

The national survey of 2000 adults found that the notion of paying blood donors does not have widespread community support. Seventy-one per cent (71%) of respondents did not think that donors should be paid for their time when they donate blood.

The underestimated revenue in the years from 2003-04 to 2008-09 is now running at $83.4 billion. Around half of that has been returned as tax cuts which disproportionately help people earning double or more than average weekly earnings (AWE). The research reveals that as a result of the past and proposed income tax cuts a

The nation’s big four banks are reaping profits amounting to three cents in every dollar spent in Australia. Westpac’s announcement today that its half year profit was $2,175 million brings the total half year profit reported by the big four, Westpac, ANZ, Commonwealth Bank and National Australia Bank, to $8,269 million, or 1.5 per cent