July 2023
Inflation is falling so let’s make sure we don’t let unemployment rise
Inflation is coming down fast so we should now shift our attention to making sure unemployment does not rise
Workers Cause Inflation, but Owners Don’t?
Any time wages are increased business groups say it will fuel inflation, but they say nothing about the impact of their massive dividends
80-plus Groups Worldwide Demand End to Greenwashing Maugean Skate Extinction with Farmed Salmon Accreditations
More than 80 organisations from around the globe are calling for the accreditation schemes, Best Aquaculture Practices and GlobalG.A.P., to immediately revoke their ‘sustainability’ certifications from farmed salmon and trout raised in waters adjacent to the World Heritage Area, Macquarie Harbour, Tasmania. The demand comes as federal and state government workshops are held in Hobart
Australians Identify Corporate Profits – Not Wages – as Major Driver of Inflation
Research conducted by the Australia Institute reveals Australians understand that the current rise in inflation has not been driven by wages growth, contrary to the single-minded focus of the Reserve Bank on labour costs over the past two years. The Australia Institute surveyed Australians about their views on the causes of, and solutions to, inflation,
Hollywood actors showing that unity is strength
When workers are united, and able to collectively bargain, they can win good outcomes
The ‘Tassie Tiger of the Sea’ is on the brink
The Maugean Skate, nicknamed the ‘Tasmanian Tiger of the Sea,’ is on the brink of extinction, with salmon farming in the region threatening its natural habitat. So will Federal Environment Minister Tanya Plibersek be able to fulfill her promise of no new extinct species until 2030, or will the Skate become another relic of the
Test of Success: Bullock’s Next Steps to Forge New RBA Era
The Australia Institute has identified five key questions incoming Governor of the Reserve Bank, Michele Bullock must answer – questions that will ultimately measure her success in the role.
The key legislation changes that will help workers get a better deal
In recent years, workers have been held back from demanding better working conditions and pay by a lack of bargaining power.
If the unemployment rises to 4.5% who is likely to lose their job?
The RBA is currently targeting a 4.5% unemployment rate, and that is going to hurt young, low skilled and low paid workers,
Australian and Global Union Leader Sharan Burrow to Deliver Second Annual Carmichael Lecture
Former Australian Council of Trade Unions president Sharan Burrow will deliver the second annual Carmichael Lecture on August 16. Ms Burrow, who was ACTU president for a decade from 2000, was also general secretary of the International Trade Union Confederation between 2010 and 2022. She will speak on the topic ‘Global Worker Solidarity for a
June 2023
Nordic Talks: Breaking the ice ceiling: Gender equality in Iceland and Australia [Webinar]
Iceland’s outstanding levels of gender equality have been achieved through policies such as extensive paid parental leave, including an emphasis on fathers using paid parental leave. This emphasis on paternity leave is one important reason that Iceland is frequently ranked as the leader among all the Nordic nations – and thus the world leader –
Nordic Talks: The Role of First Nations Communities in the Clean Energy Transition [Webinar]
Australia has all the ingredients for a green industrial revolution; abundant rare minerals, plentiful wind and sun, manufacturing capabilities, while Sweden is a global leader in green industry practices and production. But how can First Nations communities participate in the clean energy transition? This talk will unpack how Sweden and Australia can better balance the
Nordic Talks: Pedalling Health – Healthy and sustainable cities in Denmark and Australia [Webinar]
In Denmark, the bicycle has been recognised as a fast, efficient, and sustainable mode of transportation for decades, and the key to more liveable cities and happy, healthy people – supported by a network of safe cycling infrastructure and a positive cycle culture as part of healthy urban design which also means fewer food deserts. In
Nordic Talks: A plus or F minus? Educational Equity in Finland and Australia [Webinar]
More than a decade after the Gonski review into Australia’s school funding aimed to reduce the impact of social disadvantage on educational outcomes, educational outcomes for Australian schoolchildren are getting worse. The success of Finnish educational outcomes shows that equity drives excellence for all students. This is one of a five-part special series of Follow
RBA finally admits role of corporate price hikes in inflation
The Reserve Bank of Australia has finally acknowledged that corporate price hikes play a role in Australia’s inflation woes. The latest meeting of the RBA board noted that “some firms were indexing their prices, either implicitly or directly, to past inflation. These developments created an increased risk that high inflation would be persistent, which would
Bolstered by a biased tax system, house prices keep rising
As interest rates rise, the gains from negative gearing increase.
The number of people working multiple jobs hits another record
For the sixth consecutive quarter a record number of people are working more than one job
OECD confirms that inflation has been mostly driven by corporate profits
In the debate over what is driving inflation – the OECD has looked at 15 nations across the world and found that in Australia and most other nations, the answer is profits
OECD report shows corporate profits contributed far more to inflation in Australia than wages
The Organization for Economic Cooperation and Development (OECD) is the latest leading economic body to publish research showing the important role played by historically high corporate profits in explaining the surge in inflation after the COVID pandemic. Its new findings are consistent with both the methodology and the conclusions published by the Australia Institute and
Blame Game on Inflation has Only Just Begun
Every inflationary episode embodies a power struggle within society over who benefits from inflation, who loses out – and who will bear the cost of getting inflation back down.
The economy is slowing as households get smashed by yet more rate rises
A slowing economy and households closing their wallets is bad news with a Reserve Bank determined to keep raising rates
Profits v Wages, what’s driving inflation?
Australians have been experiencing a dramatic rise in the cost of living thanks to inflation. While the business sector was quick to blame wages for rising inflation, the Australia Institute and the Center for Future Work took a look at the data, and it told a very different story. This was recorded on Monday 5th
Tasmanian government must end overfishing and rebuild fish stocks
The Australia Institute Tasmania is calling on the Tasmanian government to commit to end overfishing and rebuild fish stocks, after ignoring evidence of overfishing for decades. It is among the think tank’s 10 recommendations (see below) to the Tasmanian Scalefish Fishery Rules Review that aims to aid species recovery and modernise management arrangements so the
SA Duck Hunting Ban, Backed by Majority of Voters, Would Have Minimal Economic Impact
New research from public policy think tank The Australia Institute shows that a permanent ban on native bird hunting in South Australia is supported by a strong majority of the public and would have minimal impact on the state’s economy. The findings are the result of a survey of 604 South Australians, undertaken between 15
Fair Work: 5.75% Award Wage Boost will not cause “Wage-Price Spiral”
Today’s 5.75% award wage increase is a necessary boost for the lowest paid workers but does not keep pace with inflation. The Fair Work Commission (FWC) has today explicitly said this increase “will consequently not cause or contribute to any ‘wage price spiral’”. Key Points: Award wage increase of 5.75% is less than inflation, which
Native Forest Logging in Tasmania
Tasmania’s native forests are globally recognised for their unique species and their conservation value. They are also some of the most carbon dense forests on the planet.
With the Budget predicting a bad year ahead the RBA should not raise rates next week
Whenever Australia’s GDP per capita has gone backwards through a year Australia has been in recession or nearly so. And right now the Budget expects that to happen in 2023-24.
The level of public housing needs to return to previous levels
Australia needs more housing, and we definitely need more public housing
Big names unite to protect Tasmania’s forests
Federal MPs, an Olympic champion and acclaimed authors are among dozens of high-profile names urging the Tasmanian government to end to native forest logging.
May 2023
HECS/HELP debt for low income earners is set to increase due to indexation
The indexation of HECS/HELP debt this year will leave people earning less than $62,000 with a bigger debt even after their repayments.
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