October 2020
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
September 2020
Income Tax Cuts Panned: National TV Ad Campaign, 40 Experts Target Government’s Economic Plan
A national advertising campaign opposing the early introduction of the Government’s income tax cuts will begin airing on SKY and commercial television this week. The campaign is being supported by more than 40 prominent Australians, including: Bernie Fraser, former governor of the Reserve Bank Stephen Grenville, former deputy governor of the Reserve Bank John Hewson
Words Before Waste: South Australians Call for More Consultation on Federal Radioactive Waste Plan
New research shows that, while South Australians are divided on the issue of a nuclear waste dump, a clear majority believe more consultation should be undertaken before any final decision is made regarding a proposed disposal and storage facility near Kimba on the Eyre Peninsula. The Australia Institute recently surveyed 510 South Australians about the
Early Income Tax Cuts: Men to Gain More Than Twice as Much as Women
New modelling from The Australia Institute has shown that bringing forward the Government’s income tax cuts will disproportionality advantage men over women, despite women being hardest hit in terms of lost employment due to the COVID-19 recession. Key findings Total employment in March and April fell 3.9 percent for men and 5.3 per cent for
New Analysis: 12,000 Community Service Jobs at Risk Due to Funding Uncertainty
New economic research shows up to 12,000 community service jobs are at risk due to the Federal Government’s failure to confirm whether federal funding for community service organisations will be maintained. The new report released today by the Australia Institute’s Centre for Future Work demonstrates the economic importance of Commonwealth pay-equity funding at a time
New Analysis: Fast-Tracking Tax Cuts a Stimulus Failure
New research from The Australia Institute demonstrates that bringing forward Stages 2 and 3 of the Government’s income tax cuts would mainly benefit high income earners and have a very poor stimulatory effect on the economy. Key findings The benefits of bringing forward the income tax cuts would mainly go to high income taxpayers who
August 2020
Media Decline Amid Growing Power of Big Tech Demonstrates Need for ACCC Media Code
The Australia Institute’s Centre for Responsible Technology has made a submission to the Australian Competition and Consumer Commission (ACCC) regarding its draft news bargaining code, with close of submissions today. Key Points in Submission: The Australia Institute’s Centre for Responsible Technology supports the implementation of a news media bargaining code proposed by the ACCC. Media
Time to Pay Workers for Data Produced at Work
With the incidence of workplace monitoring increasing during the pandemic lockdown, new research shows that workers should be compensated for the secondary use of data gathered in the course of their employment. The Australia Institute’s Centre for Responsible Technology have made a submission to a NSW inquiry into the future of work, arguing that information
Webinar: How TAFE Can Drive Australia’s Skills and Jobs Recovery
With millions facing unemployment and crisis-accelerated job transitions, public investment in the skills and earning capabilities of Australians will be critical to our post-pandemic recovery.
How Neoliberalism is Spreading Covid-19
In this episode we talk to Dr Richard Denniss about the role of neoliberalism in spreading Covid-19 and how decades of privatisations, outsourcing and cuts to government spending have left Australia vulnerable during this pandemic.The Australia Institute // @theAUSInstituteHost: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennettGuests: Richard Dennis, chief economist at the Australia
The spread of coronavirus in Australia is not the fault of individuals but a result of neoliberalism
by Richard Denniss[Originally published by Guardin Australia, 20 August 2020] Neoliberalism is spreading coronavirus faster than any “reckless teenager” ever could. Privatised guards at quarantine hotels, private aged care centres that put profits ahead of staffing levels, and the fact that those in charge neglected to have their health professionals appropriately evaluate the risk of the Ruby
Our 100th episode
In this, our 100th episode of Follow the Money, we celebrate with a special look back at some of our special guests, some of our favourite highlights, worst jokes and some of the interesting topics we’ve covered in the past 99 episodes. Our heartfelt thanks to all our listeners – we’re looking forward to the
The View From ICU
One of the main goals of public health around the world has been to prevent the number of severe cases from overwhelming the hospitals and the health system. We know that severe cases of Covid require intensive care and respirators, but as a novel virus with no vaccine or treatments, clinicians are learning on the
Open Letter to Google
Read full text version of the Open Letter to Google below, along with response from a Google spokesperson. Open letter text as published on 20 August 2020 in The Sydney Morning Herald, in full: An Open Letter to Google — As a nation we welcomed you into our lives and have made you our home base
Why TAFE is critical to economic recovery
The Morrison government has said it will increase investment in skills and training if the states and territories sign up to an overhaul of the Vocational Education and Training sector. ACTU President Michele O’Neil, Correna Haythorpe, federal president of the AEU and Alison Pennington, senior economist at the Centre for Future Work at the Australia
Failure to Invest in New Tech Damaging Economy, Incomes & Jobs
Startling new research from the Centre for Future Work shows that Australia’s economy is now regressing in its use of new technology, with negative implications for productivity, incomes, and job quality.
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.
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