New research from The Australia Institute with YourLifeChoices, published in the Retirement Affordability Index 2017, shows the housing affordability crisis is not just an issue for younger Australians. Economic measures usually put all retired Australians into a single group. This analysis breaks down Australian Bureau of Statistics (ABS) Household Expenditure Survey separately by: couples who

The Coalition Government is still paying a heavy price for Tony Abbott’s “ability” to simplify complex policy issues down into three-word slogans. His promise to “stop the debt” worked a treat for him in opposition but it made him look a failure as Prime Minister when debt grew rapidly on his watch. [This article was

The Australia Institute published a new report today which examines the origins of Senator Pauline Hanson’s statements on Islam. The research reveals much of Hanson’s language is imported directly from far-right groups in the United States. The Australia Institute report examines, in detail, one of the One Nation party’s most striking claims – that Islam

When politicians spend taxpayers money flying themselves to fundraising parties or flying to their own weddings, we leave it up to the politician to decide if their claim is “outside of entitlement”. First published on The Guardian – here When it comes to income tax we allow people to claim $300 worth of tax deductions without receipts because

Just as market forces were about to push the price of housing down in Australia, the Treasurer stepped in with some new regulation. Phew. Some first home buyer’s nearly snatched a good deal, but luckily the Treasurer was there to protect the property developers from the oversupply their building bonanza created. [First pubished by the

New research from The Australia Institute has revealed that Norway’s sovereign wealth fund, known as ‘Oljefondet’, has US$280 million invested in Ferrovial. After its takeover of Australian company Broadspectrum, Spanish company Ferrovial is now responsible for the biggest contract to run Australia’s offshore detention camps. The offshore detention camps are notorious for human rights abuses,

The ACT election result is further proof that Australian conservatives have a tin ear. Either that, or because they spend so much time telling voters scary stories about taxes and public debt that there is simply no time to listen to what the voters are really want. First published by the Australian Financial Review –

Successful investors let their winning bets run while quickly cutting their losses. But while the strategy of “spreading your bets” and “failing fast” might work for venture capitalists, it doesn’t work well for prime ministers. A chief executive that shuts down an underperforming factory is decisive; a PM who abandons Tasmania or regional Western Australia is divisive.

New research released by the Australia Institute today shows that government moves to cut unemployment benefits will put recipients at 32% below the poverty line . The research also highlights staggering inequality in Australia where the 10 richest Australian families have the same wealth as the poorest 3.9 million Australians combined. “At the time of

It is hard for the benefits of a company tax cut to “trickle down” to workers when employer groups insist on building dams to capture the gains for themselves, writes Richard Denniss. First published on The Drum – here. The Turnbull Government’s claim that a company tax cut will trickle down to benefit workers rests

It is hard to claim a mandate for something you barely mention, but just as the Turnbull government has stopped talking about the Australian Building and Construction Commission, the business community has now made a TV advertisement for the company tax cuts that, wait for it, doesn’t mention the company tax cuts. It wasn’t meant to be

After three long weeks of election campaigning neither the Prime Minister nor the Treasurer has explained how the $48 billion centrepiece of their “economic plan” will be funded. Sure, they love being asked about it, as such questions allow them to say “jobs and growth” a lot. But the actual answer is yet to pass their

New research from Canberra based think tank The Australia Institute has exposed a serious funding hole in the Government’s company tax cut modelling. “Our research has uncovered that the Treasury commissioned modelling finds a $3.9B gain in government revenue because multinationals suddenly and voluntarily begin to pay more tax because the company tax rate drops 5 percentage points.  It is

The Australia Institute has modelled the distribution of income tax cuts announced in the 2016 Budget. Using census data indexed to 2015, the modelling shows the percentage of income earners who would reap the full benefit of moving the second-top tax threshold cut-off from $80,000 to $87,000. “This tax cut is highly selective, with very

As the Turnbull Government prepares to deliver tax cuts for high income earners and highly profitable corporations, including large banks, the latest data shows those living on government assistance are slipping further below the poverty line.  Professor Ronald Henderson delivered a major report to the government in 1973, which established an absolute poverty line, often

Top economists and community leaders have signed an open letter calling on Prime Minister Malcolm Turnbull to not to cut taxes at this time – especially not on company profits. The letter, published as a full-page newspaper advertisement, is signed by Former Reserve Bank Governor Bernie Fraser, ACTU National President Ged Kearney, Former WA Premier

New state-wide ReachTEL polling in South Australia and in the seats of New England and Indi on refugee policy shows most voters do not support the current policy to send all boat arrivals to Nauru and Manus Island. The polling also shows majority support for the resettlement in Australia of those assessed as refugees who

New polling of the electorate of Indi shows that independent Cathy McGowan holds a small lead over Liberal Sophie Mirabella.  The polling of 656 residents of Indi was conducted by ReachTEL in March 2016. (full results below) Cathy McGowan’s support tallied 37.3% of respondents, while Sophie Mirabella polled at 26.9%. Based on a similar preference

The ruling mantra once was user pays, but now laws requiring mining companies to clean up their mess are derided. Where have all the economic rationalists gone? Back in the 1980s and ’90s most conservative politicians and businesspeople were obsessed with expanding the “user pays principle” to all areas of government service, but these days you

New Catalyst research, released for International Women’s Day, reveals the best and worst points of women’s participation in corporate Australia.  The report covers female participation on boards and in management as well as assessing policies to help women in the workplace.  While some companies in the ASX have real equality on their boards, overall the

As media reforms hit the national agenda, new polling commissioned by The Australia Institute shows a majority (58%) of Tasmanians support additional funding for the ABC to invest in more regional news services, while 22% oppose and 21% are undecided.   The poll of 1139 Tasmanians, conducted by ReachTEL on 12th January, shows that half

First published in the Australian Financial Review – here.  The only thing that Paul Keating likes about conservative economic policy is implementing it. Last week, with trade mark cut-through, he was back to his favourite trick of visibly attacking the right while strategically undermining the left. For decades Keating has stood tall in the crowd by taking the

No tax concession does less to stimulate innovation or employment than the capital gains tax exemption on luxury homes. Indeed, by encouraging the most wealthy Australians to park billions of dollars in spare bedrooms that gather dust and detritus from Christmases past, the exemption simply diverts capital away from productive uses. A government that is