January 2019

December 2018

Industry-Wide Bargaining Good for Efficiency, as Well as Equity

by Anis Chowdhury

In this commentary, Centre for Future Work Associate Dr. Anis Chowdhury discusses the economic benefits of industry-wide collective bargaining. In addition to supporting wage growth, industry-wide wage agreements generate significant efficiency benefits, by pressuring lagging firms to improve their innovation and productivity performance. The experience of other countries (such as Germany and Singapore) suggests that

The Coalition is determined to spend from beyond the grave

by Richard Denniss [This article was originally published in the Australian Financial Review] It’s easier to develop long-run visions than solve short-term problems, which presumably explains why governments facing election defeat seem to care more about what future governments should do, than what their government isn’t doing. Once upon a time treasurers were responsible for

Are States Filling the Democratic Void?

by Alison Pennington in New Matilda

The recent Victorian election results showed Australian voters want governments to play a pro-active role delivering public services, infrastructure, improved labour standards, and sustainability. They showed that in a time of deep cynicism with federal politics, States (and Territories) can play an important role filling the democratic void left by dysfunction and policy paralysis at

October 2018

“Permanent Casuals,” and Other Oxymorons

by Jim Stanford

Recent legal decisions are starting to challenge the right of employers to deploy workers in “casual” positions on an essentially permanent basis. For example, the Federal Court recently ruled that a labour-hire mine driver who worked regular shifts for years was still entitled to annual leave, even though he was supposedly hired as a “casual.” This decision has alarmed business lobbyists who reject any limit on their ability to deploy casual labour, while avoiding traditional entitlements (like sick pay, annual leave, severance rights, and more). For them, a “casual worker” is anyone who they deem to be casual; but that open door obviously violates the intent of Australia’s rules regarding casual loading.

It is greed that has led Australian banks to steal from dead people

by Richard Denniss in The Guardian

by Richard Denniss, Chief Economist at The Australia Institute. [Originally published in the Guardian Australia 03.10.18] Greed is good. Or so said Michael Douglas’ character Gordon Gekko in the 1980s hit film Wall Street. Gekko went further, stating “Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward

The Coalition’s (non) disclosure bill

by Richard Denniss, Chief Economist at The Australia Institute. [Published in the Australian Financial Review 02.10.18] Was the campaign by the banks to prevent a royal commission into their behaviour “political” in nature? Was the campaign by the Catholic Church to oppose same-sex marriage “political” in nature? And was the campaign by the mining industry to repeal

September 2018

Our regulators fail to protect the vulnerable from the greedy. Let’s find out why.

by Richard Denniss in The Guardian

by Richard Denniss. [This article originally appeared on The Guardian Australia 19.09.2018] The royal commission Australia really needs is one into the spectacular – almost complete – failure of our regulators to protect the vulnerable from the greedy. While it is clear that many of our so-called watchdogs are little more than lap dogs, what

Liberal climate changing in Wentworth

by Richard Denniss [This article originally appeared in the Australian Financial Review 18.09.18] As the Wentworth byelection will show, the desire of Coalition MPs to micro-target their “base” is a terrible way to develop national policy or win federal elections. Take energy policy: should the Coalition compete with Pauline Hanson for the climate sceptic vote in

August 2018

More renewables mean lower prices

by Ben Oquist, Executive Director of The Australia Institute. [This article originally appeared in the Australian Financial Review 28.08.18] Scott Morrison is set to make the same mistake as the Business Council of Australia on energy and climate policy. Equating emission reductions with higher prices gets the politics and economics wrong. Australia’s climate and energy debates

July 2018

The ABC needs fixing, not ‘saving’

By Richard Denniss – Chief Economist at The Australia Institute.   [This article originally appeared in the Australian Financial Review on 24 September 2018] Wars are expensive and culture wars are no different. Indeed, the opportunity cost of Australia’s culture war is enormous as it comes at the expense of developing meaningful energy, broadband and tax

Symbolic fights make sense when you’re losing the real ones

By Richard Denniss, Chief Economist at The Australia Institute. [Read in The Australian Financial Reiew here] Confidence is silent and insecurities are loud. How else could you explain Sky TV commentator Rowan Dean’s need to credit “Western values” for the Thai junior soccer team’s successful rescue? In case you missed Dean’s comments – because, like most

Culture warriors ignoring lessons

by Richard Denniss

By Richard Denniss, Chief Economist at The Australia Institute [View article in the Canberra Times here] Confidence is silent and insecurities are loud. How else could you explain Sky TV commentator Rowan Dean’s need to credit ‘‘Western values’’ for the Thai junior soccer team’s successful rescue? In case you missed Dean’s comments – because, like

Green Finance Is Flowing, From Paris To The Pacific

by Richie Merzian in New Matilda

By Richie Merzian, Director of The Australia Institute’s Climate & Energy Program.  [Read article in the New Matilda Here] Private and public investment in a safe climate future is growing, despite the best and worst efforts of some of the world’s leading polluters, writes Richie Merzian. On a reclaimed swamp fringing the outskirts of the industrial

The Abbott doctrine of dumping deals

By Richard Denniss, Chief Economist at The Australia Institute. [View this article in the Australian Financial Review] Having abandoned the principles of small government, the right of Australian politics are now urging Australia to embrace Donald Trump’s attack on international agreements. Is there any institution these so-called “conservatives” aren’t willing to wreck in pursuit of

How ‘free marketeers’ killed Neoliberalism

By Richard Denniss, Chief Economist at The Australia Institute [Read in the Sydney Morning Herald here] Economic rationalism and neoliberalism are dead in Australia. In an unexpected twist, the idea that markets are good and governments are bad was killed by the right wing of Australian politics, who simply couldn’t resist the desire to shovel

June 2018

The real question on subsidies is, what do we want less of?

By Richard Denniss, Chief Economist at The Australia Institute. [Read this article in the Syndey Morning Herald] One thing that unites the Australian Parliament is that subsidies are a great idea. Whether it’s the Liberals’ enthusiasm for subsidising weapons exports, the Nationals’ love of subsidising coal mines, Labor’s love of subsidising manufacturing or the Greens

Insecure work: The New Normal

by Jim Stanford

Most Australians know in their guts that it’s pretty hard to find a traditional permanent job these days.  And now the statistics confirm it: less than half of employed Australians have one of those “standard” jobs.  And more than half experience one or more dimensions of insecurity: including part-time, irregular, casual, contractor, and marginally self-employed jobs.

May 2018

Tax and the meaningless law of averages

by Richard Denniss

Based on the way they talk about the proposed income tax cuts, the average Turnbull government MP struggles with the definition of average. To be fair, averages can be a bit confusing. For example, the average Australian has less than two legs (as the number of people with one leg far exceeds the number of people

April 2018

The Liberals’ immigration plan is working all too well

Peter Dutton’s best argument for Australia to lower its annual immigration intake is one word: Sydney. Australia’s largest city has been made crowded, slow, expensive and unproductive by decades of unplanned immigration. [This article was first published in the Australian Financial Review – here] Anyone planning an event knows that it makes a lot more

#WTF2050: What’s Tasmania’s future? (Scott Rankin)

by Scott Rankin in The Examiner

First published in The Examiner, 15 April 2018 By 2050, everyone everywhere will have the right to thrive. (Yep, utopia). All communities are changing all the time.  The future of our Tasmanian community is not like a book that has already been written, each chapter is emergent & authorship is our collective responsibility. The narrative

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