May 2021
The government’s embrace of ‘clean hydrogen’ helps no one but the fossil fuel industry
Nothing captures prime minister Scott Morrison’s approach to climate change better than his embrace of “clean hydrogen” – a BS marketing term that delivers nothing but obfuscation and helps no one but the fossil fuel industry. Tellingly, this approach isn’t even new: Morrison has simply dusted off an old polluter playbook and changed a few
Federal budget 2021: What will Treasurer Josh Frydenberg deliver?
Last year, Treasurer Josh Frydenberg delivered what was described as a “Bloke’s Budget”, that targeted stimulus spending in male-heavy industries, while neglecting investment in industries that support women’s employment-including healthcare, education and social services – even though women bore the brunt of last year’s recession. But the fact is every budget is biased towards men
April 2021
Rage & Optimism as an Activist Economist
Crikey is reclaiming the “angry woman” trope in a new column about what women achieve through rage, passion and determination. In this inspiring and poetic feature with our Senior Economist Alison Pennington, Alison explains how rage about how the economy works (or doesn’t work) powers her forceful work as an activist economist.
How can NSW allow new coalmines while committing to net zero emissions? It’s bizarre
New mines won’t boost world demand for Australian coal — but they will cannibalise jobs from existing coalmines The New South Wales government is simultaneously committed to a net-zero emissions target for 2050 at the same time as new coalmines in the Hunter Valley with the capacity to produce 10 times more coal than Adani’s
We should be funding stress leave and high-quality PTSD care for all victims of abuse
Australian ministers suffering stress are provided with more taxpayer support than victims of violence Practical support for the thousands of Australian women who are sexually or physically assaulted by men is not simply woefully inadequate, it is nonexistent. If you are a casually employed woman in Australia who is raped or assaulted you are entitled
Is Malcolm Turnbull the only Liberal who understands economics and climate science – or the only one who’ll talk about it?
Yesterday, former Liberal prime minister Malcolm Turnbull was unceremoniously dumped as chair of the New South Wales government’s climate advisory board, just a week after being offered the role. His crime? He questioned the wisdom of building new coal mines when the existing ones are already floundering. No-one would suggest building new hotels in Cairns to help
Right now we’re choosing not to solve our biggest problems
It’s incredible what can happen in a year. This time last year Australia was heading into lockdowns and recession. The Treasurer was still sipping on his “Back in Black” mug and clinging to the idea that any stimulus spending would be small, targeted and temporary, and hundreds of thousands of Australians were still recovering from
Expansion of Employer Power to Use Casual Work Hurts Women Most
As women lead mobilisations against workplace gendered violence, the federal government passed legislation expanding employer power to use insecure, casual labour in its IR bill – laws that will disproportionately impact the pay and security of women’s jobs.
March 2021
Wrecking superannuation, not protecting women, is the government’s priority
It doesn’t matter what the crisis, when it comes to the Morrison government the message is clear: you’re on your own.
Roderick Campbell writes: Recommending approval of a mine based on economic assessment that not only lost in court, but lost in court against you, is a new level of crazy
What would happen in your industry if a judge described someone’s methodology as “inflated”, “lacking evidentiary foundation” and “plainly wrong”? If your industry would stop using that methodology, then you probably are not an economist and you don’t work for coal companies. Exactly this happened in 2019 and, with no change and no reflection, the
It all boils down to dignity and respect
We all wish to be treated with respect and dignity. This column was supposed to be all about the aged care royal commission, but I’m so furious about the way the Prime Minister and his cabinet have dealt with multiple rape allegations, I must begin there. Dignity and respect – or lack of it –
February 2021
Canberra’s euthanasia insult weakens democracy for all
Much has changed in the 24 years since the Federal Parliament voted to prevent Canberrans from deciding for themselves whether they support voluntary euthanasia. Australia has had six prime ministers, hosted an Olympic Games, participated in four wars, and endured a global financial crisis and a global pandemic. What has also changed is the assumption
The Liberals’ agenda is bad for regional Australia – but the Nationals play along anyway
The National party represents many electorates which have high rates of unemployment and people receiving government support payments, and a high proportion of workers on the minimum wage. So you can see why they spend so much time attacking industrial laws, renewable energy and “urban elites” – creating blame is a lot easier than creating
The truth about Australia’s wages
Like the dog that caught the car, Australian conservatives have succeeded in a decades-long quest to crush the bargaining power of unions and workers. And, in turn, they have succeeded in crushing average wage growth. But now they seem to have no idea what to do with their trophy. Indeed, the record-low wage growth “delivered”
January 2021
Migrant Workers Abandoned in the COVID Recovery
COVID continues to sweep Europe and the US, while Australia celebrates near-elimination of community transmission. But Australia’s public health success has not come without significant economic and social hardship for large sections of our community – especially migrant workers. Thousands of migrant workers were pulled off the job to stop the spread of COVID-19, and excluded from key government income support programs including JobSeeker and JobKeeper. Temporary migrant workers are still left without access to Medicare.
Save lives or save the economy? That’s a false choice – and it’s obscene
For the past year Australians have heard politicians, business leaders and conservative commentators argue that we need to balance the benefits of protecting Australians from Covid-19 with the costs of those protections to “the economy”. Should we close down risky venues or keep them open? Should we worry about the elderly who might get sick
Yes, lockdowns mean lost jobs. But data shows that not locking down causes much more economic damage
With new stay-at-home orders covering many parts of the province, Ontarians are settling in for a month (at least) of daunting isolation. Restrictions are also being tightened in other provinces to slow the spread of COVID-19, until vaccines can turn the tide of the pandemic. Despite accelerating infection and overflowing hospitals, many oppose the new restrictions on
December 2020
Stop believing in fairytales: Australia’s coal industry doesn’t employ many people or pay its fair share of tax
Just as people in the Middle Ages mistakenly believed the sun revolved around the Earth, many modern-day Australians mistakenly believe our economy revolves around the coal industry. Of course, such misunderstandings aren’t an indictment of those who have been misled, but those who did the misleading. Galileo was imprisoned for life for the “heresy” of
IR Bill Will Cut Wages & Accelerate Precarity
The Morrison government has proposed sweeping changes to labour laws that will expand unilateral employer power to cut wages and freely deploy casual labour. Together, the Coalition’s proposed changes will accelerate the incidence of insecure work, undermine genuine collective bargaining, and suppress wages growth. Impacts will be felt across the entire workforce – casual and permanent workers alike.
Gas-fired recovery a massive employment dud
by Richie Merzian & Mark Ogge[Originally published in the Newcastle Herald, 18 November 2020] A gas-fired recovery from the economic damage caused by Covid-19 will not help the Hunter region. In fact, a gas-fired recovery will struggle to employ anyone, except the gas executives that proposed the idea. The bottom line is, creating jobs in
Porter IR Bill a Wish List for Business
Industrial Relations Minister Christian Porter tabled an omnibus bill on 9 December containing multiple amendments to Australia’s labour laws, including the Fair Work Act. In theory, the bill is the outcome of a series of IR reform discussions the government launched during the early months of the COVID-19 pandemic. At the time it heralded a new spirt of cooperation between business, unions, and the government — but that spirit didn’t last long. The bill accepts numerous business demands that will further liberalise casual work, undermine genuine collective bargaining, and generally suppress wages even more than they already are.
Which jobs and what growth?
We need to talk about the economy. For decades we have talked about the size of the economy, but it is time we talked about its shape. For decades we have been told that if the economy grew faster it would solve all our problems, but it’s time we talked about which parts of the
November 2020
The best way to help Australian manufacturing? Stop exporting gas
by Richard Denniss[Originally published on the Guardian Australia, 12 November 2020] While it might seem heretical to suggest we stop exporting gas, it’s important to remember that we only started exporting gas from Australia’s east coast in 2015. But since that fateful day, the wholesale price of gas has risen from around $3 to $4 per
The Pandemic is Our Clarion Call to Rebuild Good Jobs
Victorians emerging from lockdowns now confront Australia’s harsh COVID-era work reality marked by more insecure jobs, mass unemployment, and long-term work at the kitchen table.
Working from home, once a novelty, is now wearing thin
Lockdowns in Victoria have made job polarisations starker than in other states. Entire layers of workers, previously interacting in the flows of the daily commute, the morning coffee, dropping kids off at school, were suddenly pulled apart and isolated from each other. Connected only by the occasional masked ‘hello’ on the street. Australians share the
October 2020
Austerity Would Damage Queensland’s Economic and Social Recovery
by Dan Nahum & Jim Stanford[Originally published via Medium, 26 Oct 2020] Like governments around the world, the COVID-19 pandemic and resulting recession knocked a huge hole in Queensland’s state budget. Big losses in revenues from the recession, combined with extra costs of fighting the pandemic, turned a planned $234 million operating surplus for this
Australia needs public spending – but beware the burden of white elephants
by Richard Denniss [Originally published by Guardian Australia, 14 October 2020] What should Australia spend half a trillion dollars on over the next 10 years? After decades of being told we “can’t afford” to spend more to help the unemployed, the disabled or to reduce carbon emissions, the Morrison government is set to embark on
After the virus: Debt warranted
This week’s budget marks a remarkable turning point in Australia’s economic and political debate. Fears of budget deficits and public debt have been replaced by fears of pandemic and mass unemployment. And I’m not talking about a skittish public – these are the fears of Scott Morrison and Josh Frydenberg. Theirs has been a productive
This Morrison government decision could set women back generations
by Ebony Bennett [Originally published in the Canberra Times, 03 October 2020] Pioneering feminist Susan Ryan sadly passed away this week, not long after United States Supreme Court Justice Ruth Bader Ginsburg. While Ruth Bader Ginsburg pursued American women’s equality and freedom through the courts, Susan Ryan pursued it through the parliament, running on a
Thank you, Victoria – Australia as a whole is healthier and wealthier because of you
Richard Denniss [Originally published on the Guardian Australia, 01 October 2020] Thank you, Victorians. Your determination to crush the second wave of Covid-19 has delivered me, and the rest of Australia, enormous health, social and economic benefits. Your resolve, your patience and your sacrifice, means that the rest of Australia has been able to open
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