August 2020
TAFE system supports $92.5 billion in annual economic benefits
New research from the Australia Institute’s Centre for Future Work shows the TAFE system supports $92.5 billion in annual economic benefits through the direct operation of TAFE institutes, higher incomes and productivity generated by the TAFE-credentialed workforce, and reduced social benefits costs.
Majority of Canberrans Want Truth in Political Advertising Laws
New research from the Australia Institute shows overwhelming public support in the ACT for truth in political advertising laws, with nine out of 10 ACT residents (89%) agreeing that the ACT should pass such laws. Strong support was seen across all voting persuasions, with 91% of Labor voters, 84% of Liberal voters, 94% of Greens
The Australian government is putting economic storytelling ahead of evidence
by Richard Denniss[Originally published by Guardian Australia, 05 August 2020] Australian economic debate relies more heavily on metaphors than it does on evidence, experience or expertise. While the prime minister, treasurer and self-appointed business leaders drone endlessly about what the economy “needs”, they simply refuse to provide any evidence that they know what they are
Julia Gillard on the pandemic, mental health and beyond
Julia Gillard, chair of Beyond Blue and the former Prime Minister of Australia talks about mental health, women in leadership, the importance of government and she looks back on the legacy of the carbon price implemented by her government ten years ago. Recorded live on 5 August as part of the Australia Institute’s Economics of
The true cost of a traumatised nation
There is a famous thought experiment, known as “the trolley problem”, that asks us to imagine ourselves driving a trolley – or a tram, for Australians – and having to choose between staying on the current track and running over five innocent people or switching tracks to kill only one person. You aren’t allowed to
July 2020
Post-COVID Manufacturing Renewal Represents Potential $50 Billion Boost to Economy
New research from the Australia Institute’s Centre for Future Work reveals that Australia ranks last among all OECD countries for manufacturing self-sufficiency. While this indicator confirms the dramatic decline of domestic manufacturing in recent years, it also reveals the enormous potential benefits that would be generated by rebuilding manufacturing back to a size proportional to our national needs: including $180 billion in new sales, $50 billion in additional GDP, and over 400,000 new jobs.
Let it rip
Some economists have renewed calls to lift restrictions and simply ‘let it rip’, that is to let Covid-19 rip through the population in order to protect the economy. But are economist the right people to ask about this? In this episode we explore the limits of economics with chief economist at the Australia Institute Richard
Most Australians Agree Children as Young as 10yo Do Not Belong in Prison
New research from the Australia Institute and Change the Record shows that most Australians agree children as young as 10 years old do not belong in prison, and that Australia’s age of criminal responsibility should be increased from 10 years of age to the global median of 14 years of age, or higher. The Council
Unpacking the Mini-Budget: What you need to know
In this episode, Richard Denniss and Matt Grudnoff, chief and senior economists at the Australia Institute unpack what you need to know about the Mini-Budget delivered by the Treasurer and answer your questions. The Australia Institute // @theausinstitute Host: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennett Guests: Richard Denniss, chief economist at
JobSeeker Cut to Push 370,000 into Poverty, Including 80,000 Children
New analysis from The Australia Institute shows the Government’s announcement to cut the JobSeeker supplement by $150 per week would push 370,000 Australians into poverty from September, including 80,000 children. The specially commissioned modelling undertaken after Tuesday’s announcement also shows that the cut will result in hundreds of thousands of Australians would struggle to pay
JobKeeper Review: Scheme Encourages Sacking Casuals, Non-Resident Workers
A new discussion paper from The Australia Institute has shown that the JobKeeper scheme is encouraging businesses to dismiss ineligible employees, meaning casuals employed for less than a year and non-resident workers have been disproportionately affected by job losses in recent months. Key findings: Of those working for a business that received JobKeeper the number
Unpacking JobSeeker
The Morrison government announced it will cut the JobSeeker coronavirus supplement, which had lifted a whopping 425,000 people out of poverty. We talk to Matt Grudnoff, senior economist at the Australia Institute to understand the impact this cut will have on poverty rates, now that there are hundreds of thousands more unemployed people, as well
Victorian Inquiry Offers Novel Routes to Regulating Gig Work
Findings from a landmark inquiry commissioned by the Andrews Victorian government into the work conditions in the “on demand” (gig) economy have been released. The report’s findings are timely with COVID-era unemployment surging and an expanding pool of vulnerable workers relying on “gig” work to meet living costs.
Cutting JobSeeker Would Put 650,000 into Poverty, Including 120,000 Children
New economic modelling from The Australia Institute has shown that if the government removes the JobSeeker Coronavirus Supplement in September it will be forcing more than 650,000 Australians, including 120,000 children, to live in poverty. The new report, from The Australia Institute’s senior economist Matt Grudnoff, also shows that if the supplement is cut, hundreds
Treaty & Sovereignty
As part of the National Treaties Summit, this episode we bust some of the myths about Sovereignty and Treaty and the relationship between the two with Jamie Lowe, Michael Mansell and Professor Megan Davis, in conversation with the Australia Institute’s Richard Denniss. The National Treaties Summit, organised by ANTaR, the National Native Title Council, and
Consumer & Citizen Groups have Serious Concerns About Google Fitbit Takeover
Consumer and citizen groups have significant concerns that Google’s proposed takeover of wearables manufacturer Fitbit would be a game-changer not only for how people interact with the online world but also for digital and related health markets. Regulators around the world – in particular those concerned with antitrust compliance and data privacy – must therefore
A bargain at twice the price
If Australia had the same labour participation rate of Nordic countries, our economy would be $60 billion larger. In today’s episode, we unpack why free childcare would not only be good for Australian women and their workforce participation, but would help grow the Australian economy too.
June 2020
Austerity Threatens Women’s Access to Paid Work
Women have suffered the worst labour market impacts since the shutdowns. Gender-unequal impacts have been due to women’s greater exposure to customer-facing industries shut down first by public health orders, higher employment intensity in insecure and part-time positions, and an increased caring burden unmet by the state. But instead of providing countervailing support, the federal government is accelerating women’s work crisis.
My degree taught me to spot the flaws of the university funding overhaul
by Richard Denniss[Orinigally publsihed by the Guardian Australia, 24 June 2020] If conservatives really believed that the most important thing a young person could do was become “job-ready” then why are they so keen for Australia’s best and brightest students to study the works of Shakespeare and Thomas Aquinas, as part of a degree in
The success of the Aboriginal-led health response to the pandemic
Aboriginal and Torres Strait Islander people are amongst the most vulnerable to the threat of Covid-19, but the Aboriginal-led community controlled health response has been a huge public health success. How did they do it? Host: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennett Guests: Lesley Nelson, CEO of South West Aboriginal Medical Service Professor
Nordic Countries Show Free Childcare Key to Economic Recovery
The Government’s decision to end free childcare come July is at odds with its own economic goals, as new research by The Australia Institute’s Nordic Policy Centre reveals policies that make it easier for women to choose to go back to work will see the country recover faster from the COVID-19 economic crisis while also reaping
The Reconstruction – building back better with Richard Denniss
The Australia Institute’s chief economist Richard Denniss launched The Reconstruction Memorandum, to step back and look at the big picture on how Australia can put people first and create an economic reconstruction that delivers lasting benefits as we recover from the Covid-19 recession.Visit tai.org.au for our latest pandemic economic research and analysis // @theausinstituteHost: Ebony Bennett, deputy director of
The Reconstruction Memorandum: Building a Better Australia
A new discussion paper from The Australia Institute has outlined how Australia could emerge from the COVID-19 crisis as one of the richest countries in the world while gaining long-lasting benefits from economic stimulus projects and a renewed faith in the effectiveness of democratic governance. “The response to COVID-19 will cost hundreds of billions of
HomeBuilder and jobs for the boys
The government’s Homebuilder program is designed to help the construction sector, but construction is not labour intensive and it’s dominated by blokes, when we know women are bearing the brunt of this recession. So this week Follow The Money talks to senior economist at the Australia Institute Matt Grudnoff, who explains why we could get
Polling: strong support for arts and entertainment sector support package in Eden-Monaro
Research published today by The Australia Institute shows strong support for government support for the arts and entertainment sector in the Eden-Monaro electorate, which will have a by-election on 4 July. Key findings: Almost 1,000 people work in arts and entertainment in Eden-Monaro, the highest of any regional NSW electorate. 58% of Eden-Monaro voters support
Repairing Universities & Skills Key to Meeting COVID-Era Challenges
Training must play a vital role in reorienting the economy after the pandemic, supporting workers training for new jobs including millions of young people entering a depressed labour market without concrete pathways to work. But what kind of jobs will we be doing in 2040? And how prepared is Australia’s skills system (and universities specifically) to play this important role now?
The Coalition dishes out jobs for the boys while women carry coronavirus’ economic burden
by Richard Denniss[Originally Published on Guardian Australia, 10 June 2020] Not only have women been hardest hit by the response to Covid-19, they have got the least out of government assistance and stimulus packages. Monday’s announcement that the temporary provision of free childcare is about to end was just the latest in a long line
Unleashing a National Reconstruction Plan Fit for Our Era
Our nation is confronting the most significant economic challenge in nearly a century. Australia’s own experience of long-term, sustained public investment during post-war reconstruction shows direct tools of government planning and investment will be essential to our recovery today. Yet Scott Morrison continues to pretend his hands are tied: “if there’s no business, there’s no jobs, there’s no income, there’s nothing.”
The pink collar recession
The Morrison government this week announced that from mid-July childcare would no longer be free and that childcare workers would be stripped of access to JobKeeper. Overall, during the pandemic women have seen faster job losses than men, while men are benefiting the most from government stimulus measures. To unpack this pink collar recession, Follow
New Analysis: More Women Unemployed, Yet Stimulus Favours Male-Dominated Industries
Despite the fact that women have disproportionately lost their jobs and hours of work in the recession the Government’s stimulus measures have been disproportionately focussed on male-intensive industries according to new analysis by the Australia Institute. “Between March and April the number of women employed fell 5.3 per cent compared to 3.9 per cent for
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