May 2024
Minimum qualifications: The missing piece of aged care worker regulation
“Mandatory and coordinated accreditation would allow workers to have their skills recognised, boost job satisfaction and make the industry more attractive as a long-term career.
“The Aged Care Royal Commission has been crystal clear about the need for these reforms. It’s beyond time to deliver them.”
“Sticky” inflation does not mean more rate rises are needed
The majority of items driving inflation now are not responsive to further rate rises
.We. Do. Not. Need. A. Recession.
Calling for a ‘short recession’ as an economist is like calling for a ‘small war’ knowing you’ll never be on the frontlines, says Greg Jericho.
Those calling for higher interest rates in Australia should be careful of what they wish for
It seems that some people really want a recession.
The budget vs inflation
Millions of Australians are struggling to make ends meet, yet when it comes to the federal budget, too often we hear that governments ‘can’t afford’ additional spending.
Six ways the government can reduce inflation in next week’s budget
It is often said that the only way to reduce inflation is by higher interest rates. That’s not true – the government can also reduce inflation and cost of living pressures
The debate about inflation, interest rates, and the cost of living is broken.
Spreading fear about inflation not falling fast enough distorts the true picture
New Analysis: WA drivers pay more rego than gas companies pay in royalties
New Australia Institute research released today shows that royalty payments by the gas industry are negligible and expected to contribute just 1.3% to this week’s WA budget.
Increasing JobSeeker is possible, it’s just a question of priorities
The government has the power to make significant and long-awaited improvements to the JobSeeker scheme in this federal budget, but it has to make it a priority, says Greg Jericho.
JobSeeker drags people into poverty, but the government could fix this today
Budgets are about choices – and successive governments have chosen to punish jobseekers, says Greg Jericho.
Poverty is a policy choice – it is time for the government to choose better
If the government decided to make raising Jobseeker a priority in the Budget it would not talk about not being able to afford it, writes Greg Jericho.
.April 2024
Federal funding for private schools
In 2024, the Commonwealth Government will spend an estimated $29.1 billion on schools in Australia. More than half of this – $17.8 billion – will go to private schools.
Busting the myth that Australia collects too much income tax
New Australia Institute research reveals claims Australia is over-reliant on income tax are significantly overstated and founded on a narrow and misrepresentative definition of income tax.
What the HECS?
Annual inflation is on the way down, but rents remain high and many people’s higher education loans are growing, even after repayments, says Greg Jericho.
Smart, Grid-Interactive Buildings Can Help Solve Electricity Market Woes
New research shows that the country’s energy security can be supported with minimal intervention and investment, simply by changing the time of day that electricity is used and harnessing the power of buildings as thermal batteries.
People are starting with much larger HECS/HELP debts than in the past – and it is only going to get worse
Australians in their 20s have HECS/HELP debts more than $10,000 greater in real terms than did people 20 years ago
HECS/HELP indexation is sending those earning less than $65,000 backwards
Ending the indexation of HECS/HELP debts would deliver a truly interest free-loan for students
.Wages growth in enterprise agreements provides no reasons for worry about inflation
Wage growth in enterprise agreements is at a level completely compatible with long-term inflation targets
Funding Australia’s renewable transition isn’t ‘picking winners’ – it’s securing our future
Last week Anthony Albanese finally announced the government’s major plan for the transition to a renewable energy economy.
Investing in a renewable manufacturing industry is vital for Australia’s living standards (and climate)
Australia’s economy is less an advanced economy than it is a petrostate style simple economy. That needs to change
Government Environment Reform Backdown Set to Lock In New Fossil Fuels and Extinctions
More than 100 environment groups have signed an open letter calling for strong environmental law reforms as the Federal Government backs out of its already overdue ‘Nature Positive Plan’ to reform the Environment Protection and Biodiversity Conservation (EPBC) Act. The open letter, coordinated by the Australia Institute, will appear in the Sydney Morning Herald, The
Private schools, public subsidies: with $50k fees per child per year, how can tax breaks be justified?
Private schools are competing to see who can boast the most luxurious accoutrements, and the tax-deductions they can claim on constructing buildings are helping them do it. The Scots College is awaiting construction of its new library, which will resemble a Scottish Baronial castle. At one point, they had a hypoxic chamber for altitude simulation sports training. Newington College
Fire ants economic bite underestimated in government modelling: $2.5b per year in costs by 2035
New research by The Australia Institute finds the threat posed by fire ants has been significantly understated, identifying a compelling economic case for their eradication.
Million Dollar Salaries & Private School Resources Underwritten by Public Money
The Australia Institute is recommending that private schools have stricter reporting requirements, greater transparency in funding arrangements, and increased accountability when spending public money, in a submission to the NSW Government’s review into Section 83C of the Education Act.
The market expects rates to fall – but that may be optimistic
Greg Jericho discusses the decisions facing the Reserve Bank in coming months and a new report showing that rate rises hurt Australians more than anyone in the world.
Who’s hurting most from rising interest rates? It’s probably you.
Soaring house prices, high household debt and the pervasiveness of variable rate home loans mean that Australians bear the brunt of interest rate rises, says Greg Jericho.
Talk of interest rate cuts soon is optimistic – here’s why the RBA may decide doing nothing is safer
Australians are hurting from rate rises more than anyone. But that doesn’t mean the Reserve Bank is about to start cutting.
NSW government dragging its feet on koala park for “sham” carbon credits
By waiting for a carbon credit scheme to be established before delivering its Great Koala National Park, the New South Wales Government is putting the species at risk, says Stephen Long.
Not seeing the koalas for the carbon credits
Rather than delivering on their election promise to create a Great Koala National Park, the New South Wales Government is sitting on its hands until it can earn carbon credits from forests.
The carbon con killing koalas
The NSW Labor Government took office promising to create a vast koala sanctuary on the state’s mid-north coast – the Great Koala National Park. Despite the threat of koala extinction in the state, more than a year later the Great Koala National Park is yet to be established.
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