April 2020
Webinar: Protecting Jobs and Incomes During the Pandemic
The COVID-19 pandemic is producing an unprecedented shutdown of large parts of the national and global economies. Our Director Dr. Jim Stanford provided an overview of the coming recession, how it differs from previous downturns, and the best ways for government to respond to protect Australians as much as possible from the economic fall-out.
Scott Morrison needs to target his spending at significant problems or he will only be remembered for debt
by Richard Denniss[Originally published by The Guardian Australia, 1 April 2020] The Coalition just announced a $130bn wage subsidy when the budget is already in deficit. As that sinks in, try to absorb the fact that the $130bn wasn’t targeted at any vulnerable group and had absolutely no “mutual obligations” attached to it. It was not “funded”
March 2020
Unpacking the Jobkeeper wage subsidy scheme
The Morrison government performed an enormous and welcome backflip, announcing a $130 billion Jobseeker package to support workers, through their employer, with a $1500/fortnight wage subsidy. Richard Denniss, chief economist at the Australia Institute unpacks the details with us.Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennettContributors: Richard Denniss, chief economist at the
Put the jobless on public payroll
by Richard Denniss[Originally published by the Australian Financial Review, 31 March 2020] After a $62 billion shot of adrenalin designed to keep businesses going through the coronavirus crisis, the Morrison government has finally ditched its strategy of “targeted and temporary” measures based on existing policies. Instead, it now wants to put large parts of the Australian
What the hell is happening to the economy?
What does a global pandemic do to the economy? Richard Denniss explains why the government is shutting down whole sections of the economy and unpacks the government’s economic survival package.Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennettContributors: Richard Denniss, chief economist at the Australia Institute // @RDNS_TAIThis episode was produced by Jennifer
Open Letter From Economists and Policy Experts: Wage Subsidy to Protect Jobs During Pandemic
109 Australian economists and policy experts have signed an open letter, initiated by the Centre for Future Work, supporting a government wage subsidy to prevent mass unemployment during the coming economic downturn resulting from the COVID-19 pandemic.
Overwhelming Majority Support Government Paid Leave for COVID-19 Self-Isolation
New research shows an overwhelming majority of Australians (82.5%) support the ACTU proposal that the Government guarantee two weeks paid leave for all workers who are forced to self-isolate as a result of COVID-19. The Australia Institute surveyed a nationally representative sample of 1,723 Australians on the night of 18 March 2020. Key Findings: An overwhelming
Coronavirus: Telling people to pull themselves up by the bootstraps doesn’t cut it during a public health crisis
by Ebony Bennett[Originally published by the Canberra Times, 21 March 2020] After a summer of unprecedented bushfires and a billion animals dying, Australia now finds itself in the midst of an unprecedented public health pandemic with an economic crisis to match. While the $17.6 billion economic stimulus program was welcome for an already sluggish economy,
Responding to the Economic Emergency
The scale and scope of the economic downturn caused by COVID-19 will be unprecedented in our lifetimes. Mainstream economists have belatedly realised the pandemic will cause an economic downturn, but they are not yet appreciating the size of that downturn, nor the unconventional responses that will be required. Simply calling for government “stimulus” is sadly inadequate, given the complete shut-down of work and production that is occurring in many sectors of the economy. The task is no longer supporting markets with incremental “pump-priming.” What’s needed is a war-like effort, led by government, to mobilise every possible resource to protect Australians’ health and livelihoods. Money is not an object – and this epic effort should not be held back by normal acquiescence to private-sector priorities and decisions.
Majority of Australians Want Coronavirus Boost to Newstart
New research from The Australia Institute has found that a majority of Australians (52%) want to see Newstart boosted to the rate of the Age Pension for the course of the Coronavirus crisis, while one in three Australians (34%) oppose the idea. Key findings: – The maximum single rate of Newstart is currently $559 per
Stronger Controls Around Artificial Intelligence Needed
New technologies that deploy Artificial intelligence should be assessed for their social impact on citizens before they are allowed to be deployed, according to The Australia Institute’s Centre for Responsible Technology. In its submission to the Australian Human Rights Commission (AHRC) discussion paper on human rights and technology, the Centre argues that a formal regulatory regime, rather
Coronavirus is not the villain: Australia’s economy was already on a precipice
If you thought the prime minister was slow to respond to the bushfire crisis, take a look at his response to Australia’s ailing economy. Morrison is currently trying to pivot away from the government’s economic inaction using the coronavirus outbreak as cover, but the only reason the coronavirus might push Australia into recession is because the economy has been languishing since the Coalition took office in 2013.
The Treasurer is missing the mark
by Richard Denniss[Originally published in the Australian Financial Review, 02 March 2020] In the summer of 2010, devastating floods hit Queensland killing 33 people, causing billions of dollars in damage, shutting coal mines, and knocking an estimated $30 billion off GDP. The then Labor Government’s promise of a budget surplus was washed away too. Fast
Stimulus is not a dirty word, so why is the government scared of it?
by Ebony Bennett[Originally published in the Canberra Times, 07 March 2020] It might be time to panic. Not about running out of toilet paper, the real danger is that the Morrison government will undercook its mooted fiscal stimulus package and risk sending Australia into recession to prove an ideological point. The economy has been weak
February 2020
The inequality of the superannuation system
A part-time cleaner earning $18,000 a year will receive zero tax concessions for their compulsory superannuation contribution; meanwhile, a chief executive of a big bank can get tens of thousands of dollars every year in taxpayer support for their “retirement nest egg”. This is the strange world of Australia’s retirement income system: a world in
Massive Facial Recognition Hack Highlights Need to Call Pause
The hack of billions of photos from an Australian start-up, Clearview AI, which harvests photos from social media and bundles the information for law enforcement agencies, reinforces the need to place a moratorium on facial recognition technology. The Australia Institute’s Centre for Responsible Technology is supporting the Australian Human Rights Commission’s proposal for a moratorium
New Analysis: Superannuation Tax Concessions Big, Getting Bigger and Unfair
New analysis from the Australia Institute shows that superannuation tax concessions are almost as large as the cost of the aged pension and growing at twice the rate. Key Findings: According to the latest Treasury release of the Tax Benchmark and Variations Statement, superannuation tax concessions are expected to reach $41.3 billion in 2019-20 and
Child Classifications Must Include Gambling in Computer Games
The Australia Institute’s Centre for Responsible Technology has called for an extension in the way computer games are classified, to capture design architecture that exposes children to addictive, gambling-based content in many common games. In a submission to the Department of Communications review into the classification system, the Centre for Responsible Technology argues that the
January 2020
Survey Reveals: Bushfires Cost 1.8 million Work Days, Leave 5 Million Sick from Smoke
New national survey research from The Australia Institute reveals most Australians have been personally impacted by the bushfires and smoke, including millions missing work or suffering health impacts. Additionally, the research shows concern about the impacts of climate change are especially high among those directly affected by the fires, as is the wish for the
December 2019
‘It’s the Thought That Counts’ – $980m of Christmas gifts will go to waste: The Australia Institute
New research from The Australia Institute has revealed that nearly one third of Australians (30%) are expecting to receive a gift that they will never use this Christmas. Three in ten (30%), or approximately 7.3 million Australians will receive gifts they expect they will never use or wear this Christmas, representing a total value of
Digital Platforms Response Business as Usual for Big Tech
“If the ACCC Digital Platforms Review was, as reported at the time, world’s best practice on regulating Big Tech, the government’s response shows Big Tech has secured world’s best practice in slowing down meaningful reform,” said Peter Lewis, Director of the Centre for Responsible Technology at the Australia Institute. “Hardly anything from the ACCC has
The People vs Tech
There is a growing awareness globally that unregulated technological development is not delivering on its promise to transform the world for the better. The Australia Institute launched the Centre for Responsible Technology, a new non-partisan centre designed to give people greater influence over the way technology is rapidly changing our world, on Wednesday 20 November 2019.
Kimberley Extreme Heat Forecast: Unprecedented Rise of Days Over 40°C
New research shows that the Kimberley region is set to experience a dramatic increase in extreme heat including up to a tenfold increase in days over 40 degrees in Broome if greenhouse gas emissions are not reduced in line with the Paris Agreement. The report, by the Australia Institute using CSIRO and BoM data, shows
South Australians Overwhelmingly Reject Allowing Poker Machines to Accept Notes
New research from The Australia Institute has revealed that four in five South Australians (80%) believe that allowing poker machines to accept notes will increase harm in the community. Key findings; – 4 in 5 South Australians (80%) believe allowing poker machines to accept notes would increase the level of harm that results from poker
November 2019
Public Supports Tighter Social Media Controls over Elections
The Australian public support tighter regulation of political advertising on social media platforms, from truth in advertising, limits to micro-targeting, to bans on political advertising on social media altogether. The findings, based on public polling conducted by Essential Research in November found: 73 per cent support requiring social media platforms to ensure political ads are
Hydrogen Haste: Australia Institute Research Reveals Highly Inflated Figures
New Research from The Australia Institute’s Climate & Energy Program has identified serious concerns with hydrogen demand projections, regularly cited by State and Federal Governments, energy experts and industry figures, which overstate potential export demand by a factor of up to 11. Due to this supposedly high demand, COAG Ministers will be asked to support
New Research Shows Public Concern Over Data Harvesting
The majority of Australians are not comfortable with the way government and companies collect and use their personal information, according to new research. To coincide with its launch, the Australia Institute’s new Centre for Responsible Technology today released new research showing high levels of discomfort with the way personal information is collected, repurposed and stored.
Australia Institute Launches New Responsible Tech Initiative
The Australia Institute today launched the Centre for Responsible Technology, a new non-partisan centre designed to give people greater influence over the way technology is rapidly changing our world. The Centre for Responsible Technology will collaborate with academics, activists, civil society and business to shape policy and practice around network technology by raising public awareness
Majority of Tasmanians want Medevac Law to Stay: Polling
A majority (62.8%) of Tasmanians want Medevac to stay compared to just 27% of people who want it abolished, according to a new poll from the Australia Institute. Parliament is considering whether to keep or abolish the Medevac law. The Australia Institute commissioned uComms to survey 1,136 residents across Tasmania during the night of 22nd
Poll: Land Tax Aggregation Supported by 4 in 5 South Australians
New research from The Australia Institute has found strong support amongst South Australians for land tax aggregation, funding for affordable housing and measures that would require politicians to reveal personal interests before voting on land tax legislation. Key findings; – 4 out of 5 South Australians (81%) support property portfolio aggregation for taxation purposes –
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