The Liberal Party defies its own history on tax
For decades, the Liberal Party has prided itself on being the “party of lower taxes”.
ANU’s latest scandal shows us why transparency is so important, and where to start
Governance at Australia’s universities is in a dire state.
AUSFTA: A bad deal then. Even worse now.
Australian consumers paid a high price for John Howard’s determination to sign a ‘Free Trade Agreement’ with the US.
February 2025
Politics and property – how our leaders are among the privileged using legal loopholes to build their wealth
Not so long ago, former Liberal prime minister Malcolm Turnbull was branded “Mr Harbourside Mansion”, a moniker bestowed upon him by his own side of politics.
Ensuring workers’ safety in the climate crisis
As I watched the fires in Los Angeles unfold in January this year, my mind of course reflected on the 1999-2000 Black Summer bushfires in Australia. Both these seasons have wrought significant damage to humans and other animals, and to land, infrastructure and property. There has been a huge personal, collective and financial toll involved.
Productivity is often mistaken for wages. What does it really mean? How does it work?
Australia’s productivity growth has reverted to the same stagnant pattern as before the pandemic, according to the Productivity Commission’s latest quarterly report. Productivity is complex and often misunderstood in media and policy debates. So before we read too much into this latest data, here are six key things to understand about productivity. 1. It’s about quantities,
January 2025
The sad phenomenon of Australia’s unfunded excellence
In Australia, prize-winning artists, writers and musicians pay more tax than some multinational fossil fuel companies with turnover in the hundreds of millions of dollars.
December 2024
There’s nothing naughty about being poor. Why Christmas is a horrible time for kids living in poverty
The busiest shopping weekend of the year is upon us, where shopping malls become a desperate frenzy of overindulgence and waste. But spare a thought for those who can’t afford even the trimmest of trimmings this Christmas.
Secret research undermines democracy
This month, the Australian economic debate was hijacked by a report from the world’s most powerful consulting firm: McKinsey & Co. The consulting firm apparently found that declining living standards represent a “national emergency” – and the care economy, regulations and Australia’s corporate tax rate are to blame for low productivity growth. The only problem?
Another hold likely. So, what was the point of the RBA review?
Will the RBA cut interest rates tomorrow? Probably not. It’s Groundhog Day and they’re locked into repeatedly making to same mistake over and over again. A mistake that the recent RBA review criticised them for making just before the pandemic.
Salmon spin and pollution all a bit fishy
Salmon companies are ripping off Tasmania and trying to pass it off as yet another ‘jobs vs environment’ fight. This is the kind of fight that Tasmanian politicians love to have, and like performing seals, the Tasmanian government and opposition have lined up to bark and do their tricks. But the fight over salmon farming
November 2024
Two new housing policies, both doomed to fail
The government’s latest housing affordability policies, “help to buy” and “build to rent” are the latest in a long line of policies from both major parties that will do nothing to ease the housing crisis.
How to fix Australia’s broken childcare system so everybody wins
The potential social and economic benefits of early childhood education and care are huge.
Private health insurance is a dud. That’s why a majority of Australians don’t have it
Right now, final submissions are being made by private health insurers to the government for an increase in insurance premiums next year.
October 2024
Government is ‘nature positive’ in the same way asbestos is lung positive
It’s like an episode of Utopia or Yes Minister – just a week out from the government’s Global Nature Positive Summit, Environment Minister Tanya Plibersek approved three whopping coal mine extensions in NSW.
September 2024
The report the Prime Minister cites against changes to negative gearing actually shows housing would be more affordable and rents barely affected.
Rather than show negative gearing changes are bad, a Deloitte report cited by the Prime Minister concludes they would improve housing affordability and home ownership.
The mining industry is the biggest whinger in the country
The mining industry is now surely the biggest whinger in the Australian economy. This week it launched an all-out assault on the federal government at Minerals Week in Canberra, with chief executive of the mining industry’s chief lobby group the Minerals Council, Tania Constable, warning the government: “Undermine it at your peril.” Relative to its
The logging industry should be bound by Australia’s environment protection laws just like everyone else
This week, a private member’s bill to end native forest logging was up for debate. It sought to repeal legislation that exempts logging in much of Australia’s public forest estate from our national environment laws.
Chalmers is right, the RBA has smashed the economy
In recent weeks the Treasurer Jim Chalmers has been criticised by the opposition and some conservative economists for pointing out that the 13 interest rate increases have slowed Australia’s economy. But the data shows he is right.
August 2024
The 9 to 5 is back! Time to put the phone on silent
If you’ve ever flicked off an email before bed, texted your boss out of hours, or received an ‘urgent’ work call after clocking off, you’ll be glad to hear some respite is just around the corner. A new right to disconnect from work, for employees in businesses with 15 or more staff, comes into force
Closing Loopholes Protections, Including Right to Disconnect, Come Into Effect 26 August
New labour rights coming into effect on 26 August, including the ‘Right to Disconnect’.
Who is holding the purse strings?
Next month, the Albanese government is due to announce its proposed changes to Australian electoral laws. It has been a long road. The minister responsible, Senator Don Farrell, had planned to introduce the laws by the end of last year.
Fossil fuels are gobbling up construction capacity and it’s hurting at home
In the wake of the Reserve Bank’s latest forecasts, Treasurer Jim Chalmers is facing calls that government should cut back on infrastructure investment to relieve inflation pressures and free up workers and resources to build much-needed housing.
July 2024
Would you like a recession with that? New Zealand shows the danger of high interest rates
New Zealand’s central bank raised interest rates more than Australia and went into a recession – twice.
A second Trump presidency would send Australia down a dark economic path. Here’s how it might play out
While Kamala Harris has restored some hope for Democrats in November, the likelihood of a Trump presidency still remains very strong. And if that happens, Australia may find itself more damaged than any other major country.
Australian workers’ living standards have been destroyed – and there is little good news ahead
Over the next few weeks, the Reserve Bank will ponder just how strong the economy is.
Renewable hydrogen: Superpower, or green mask for fossil super villains?
My children are aged three and four. They love anything with super powers – Spiderman, vampires, Paw Patrol, everything.
Understanding the Future Made in Australia
The Albanese Government’s industrial policy framework – the Future Made in Australia Act (FMAA) – has finally been unveiled.
Why Queensland is Miles ahead of the game
Canberra doesn’t really have a fossil fuel industry, which perhaps explains why we lead the country in decarbonising our economy.
Value for money? The princely salaries of private school principals
While public school funding lags, principals of private schools are paid up to four times their state system counterparts.
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