by Ebony Bennett[Originally published in the Canberra Times, 23 March 2019]  Australia has never had a federal treasurer who wasn’t a man and has had more finance ministers named John than female finance ministers. It doesn’t take an economics degree to know those numbers are a problem. With the federal budget near, we learned this

Like a dog that doesn’t know what to do when it catches the car it’s been chasing, the business community doesn’t seem to know what to do now they’ve pushed wages growth to record lows and the profit share of GDP to all-time highs. While some might read the room, bank their gains and mouth some platitudes about sharing said gains, the Business Council of Australia (BCA) and the Coalition are not for turning.

The Australia Institute surveyed a nationally representative sample of 1,536 Australians about government support to assist farmers to harvest solar energy and sell it directly to clients. Key Findings: Respondents were asked if they support allowing farmers who generate wind or solar power on their farms to sell it directly to other landholders. ·  Overwhelming

124 labour policy experts have today published an open letter calling for proactive measures to help accelerate the rate of wages growth in Australia’s economy. The legal experts, economists, and other policy analysts agreed that “stronger wages in the future would contribute to a stronger, more balanced and fairer Australian economy,” and they proposed several broad strategies to boost wages.

A unique conjuncture of economic and political factors has created an opportunity for a historic change in the direction of Australia’s workplace and industrial policies. That’s the conclusion of Dr. Jim Stanford, Economist and Director of the Centre for Future Work, in a major review article published in Economic and Labour Relations Review, an Australian academic journal.

There has been a lot of discussion about “living wages” in recent years – in Australia, and internationally. And now the idea has become a hot election topic. The ACTU wants the government to boost the federal minimum wage so it’s a true living wage. Opposition leader Bill Shorten has hinted he’s open to the idea. Business leaders predict economic catastrophe if the minimum wage is increased.

After decades of uninterrupted economic growth, how is it that we all still feel so poor? It’s the question that leading Australian economist, Dr Richard Denniss, gets to the heart of in his newest book Dead Right: How neoliberalism ate itself and what comes next. In a national book tour, starting next week, Denniss will

A new paper published by The Australia Institute explores the lessons Australia could learn from Nordic countries such as Norway in providing leadership for revenue raising options in Australia. The paper is the first piece of research released by the newly established Nordic Policy Centre at The Australia Institute in partnership with Deakin University. “The repeated claims

The Federal Government is preparing to spend vast amounts of taxpayer funds on fossil fuel project overseas to generate business for increased fossil fuel exports out of Australia, new analysis by The Australia Institute warns. Key Points A new bill to Parliament that would expand funding and powers for Efic, Australia’s export finance agency, turning

New analysis from the Australia Institute shows a small minority of individuals are spending big on tax accountants to take advantage of unfair tax loopholes, such that individuals with a gross income over $1 million can pay zero tax. Key Findings: Those with both a gross and taxable income over $1 million spent on average $7,476 on

A full page advertisement published today by The Australia Institute promotes new research showing the forgone revenue spent refunding excess franking credits to wealthy shareholders could be used to create jobs and fund services to the community instead.  The foregone revenue on cashing out excess franking credits could purchase: 50 new primary schools, 50 new

by Richard Denniss[Originally published on The Guardian Australia, 20 Feb 2019] It’s hard to believe that anyone who receives larges cheques from the government can call themselves a “self-funded” retiree, but hey, this is modern Australia and powerful groups get to call themselves whatever they want. Sure, the full age pension is only $23,823.80 per

The NSW Government’s strategy to manage irrigators’ use of floodwaters has been slammed in a joint submission by researchers, irrigators, graziers and a Darling River community group. The diverse groups called on the NSW Government to withdraw its draft strategy as it fails to address the problem of massive volumes of water being diverted into

by Ebony Bennett[Originally published in the Canberra Times, 8 Feb 2019] One of the first things you learn as a child is not to be greedy. It’s a fairly straightforward lesson. Yet, greed is the ultimate culprit identified by Justice Kenneth Haynes in his banking royal commission report. Worse still, the current hysteria surrounding franking

by Richard Denniss[Originally published on Guardian Australia, 6 Feb 2019] At a time when the number of people studying economics is at a record low, the number of politicians citing economics 101 seems to be at a record high. Take our current prime minister, Scott Morrison. When asked to provide evidence that closing tax loopholes

by Richard Denniss[Originally published in the Australian Financial Review, 4 Feb 2019] Few people think carbon pricing is as important as Tony Abbott does. Not only was repealing the carbon tax his biggest achievement as prime minister, nearly five years later, he still can’t stop talking about it. Nothing would excite him more than the

Prime Minister Scott Morrison claims that the pace of job creation under the Coalition Government – 1.1 million net new jobs in 5 years – is an achievement, however, the actual amount of new work added in the economy has not even kept up with population growth.

New research from The Australia Institute estimates the cost of online harassment and cyberhate to have cost Australians an estimated total of $3.7 billion dollars in health costs and lost income. Key findings: More than one in three of all internet users have experienced some form of online harassment or abuse. The most common were

The Australian Bureau of Statistics released its detailed biennial survey of employment arrangements this week (Catalogue 6306.0, “Employee Earnings and Hours“). Once every two years, it takes a deeper dive into various aspects of work life. Buried deep in the dozens of statistical tables was a very surprising breakdown of employment by size of workplace. 

by Richard Denniss[Originally published in the Australian Finacial Review] Some political parties are coping better with the social and technological transitions that are reshaping Australia than others. Just as Kodak couldn’t adapt to the digital era and Nokia couldn’t adapt to the smartphone era, it’s not obvious that all of Australia’s current political parties will

by Richard Denniss[Originally published on The Guardian Australia] It’s time we talked about tax. Bill Shorten wants to close tax loopholes and spend more on schools and hospitals. Prime minister Scott Morrison wants to scare voters about the perils of a high-taxing Labor government. And the business community still want the Liberal’s big cut in the company

ABC recently announced plans for a new 6-part television drama called “Diary of an Uber Driver.”  The Centre for Future Work’s Director Jim Stanford wonders if this drama will truly constitute insightful drama – or whether it will serve to whitewash the labour practices of a controversial, exploitive industry.

Over the summer, we have been busy recording what Tasmanians think about a whole range of issues. Tassie is cool and tourism is hot – with our state having the largest rise in visitor numbers this quarter. Whilst some in the South and East are worried about over crowding and under funding of infrastructure, the

Workers produce more, but get paid less. Business invests less in real capital, but their profits grow. Technology advances at breakneck pace, but so many jobs are degraded and menial (not to mention horribly paid). What gives? Australia’s labour market truly seems “upside down.”

The wasteful structure of private competition in the electricity sector is costing every Australian household over $200 per year, according to new research from The Australia Institute. As heatwaves across Australia heighten concern for high electricity prices as households try and stay cool, new research shows the problem in electricity pricing is structural and the

Australia’s manufacturing sector has been experiencing an important and welcome rebound during the last two years. The turnaround has been documented and analysed in previous Centre for Future Work research (including studies published in 2017 and 2018 as part of the National Manufacturing Summit, co-sponsored by the Centre).

New analysis from The Australia Institute has found that nearly one in five Liberal voters in Boothby are now less likely to vote for the party after Malcolm Turnbull was dumped as Prime Minister. Furthermore, the majority of Boothby voters support increased spending on health and education over tax cuts and register overwhelming support for