November 2019

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

‘Go Home on Time Day’ 2019: Australian Employers Pocketing $81 Billion Worth of Unpaid Overtime, Report Reveals

New research from The Australia Institute’s Centre for Future Work estimates that Australian workers are currently working an average of 4.6 hours of unpaid overtime each week, which translates to 6 weeks of full time work without pay, per employee, per year – with an annual worth of $81.5 billion for Australian employers.

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 –         

Equinor Knocked Back Again: NOPSEMA Cites ‘Oil Spill Risk’ and Other Issues

The offshore oil and gas regulator NOPSEMA has once again taken issue with the environmental plan submitted by Equinor as part of their attempts to drill for oil in the Great Australian Bight. Citing a lack of information relating to ‘consultation, source control, oil spill risk, and matters protected under Part 3 of the Environment Protection

October 2019

If economics is a science, why isn’t it being more helpful?

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on Guardian Australia, 30 October 2019] The Government’s top two economic advisers are in stark disagreement about something straight forward: whether the Australian economy would benefit from a bigger budget deficit or not. The Governor of the Reserve Bank says he is running out of room to cut interest rates any

Free trade deals undermine sovereignty

by Richard Denniss[Originally published in the Australian Financial Review, 30 October 2019] After decades of pursuing free trade at the expense of local jobs, the conservatives in the Coalition — aping Donald Trump and Boris Johnson — have decided to pivot to populism. Gone is the rhetoric of Alexander Downer and Julie Bishop about how

Voters still back a Takanya/Tarkine national park over logging

A Ucomms poll commissioned by the Australia Institute of 1,136 residents across Tasmania on the evening of 22nd October, found almost two thirds of Tasmanians want to see takayna/Tarkine protected rather than logged. Despite state government plans to log old growth and rainforest in takanya/Tarkine, support for preserving the forests in a national park remains

University-to-Job Pathways Key to Boosting Graduate Employment Outcomes

New research shows active strategies to directly link university degrees to a job are needed, to better support university graduates as they negotiate a rapidly changing labour market. The report, by the Australia Institute’s Centre for Future Work, shows that employment outcomes for university graduates have deteriorated significantly since the Global Financial Crisis, with only

Nuclear Power Uninsurable and Uneconomic in Australia

New research has revealed that financial services in Australia will not insure against nuclear accidents, and if developers of nuclear power stations were forced to insure against nuclear accidents, nuclear power would be completely uneconomic. The Australia Institute’s submission to the Inquiry into the prerequisites for nuclear energy in Australia, shows that establishing a nuclear

Scott Morrison is a master at shifting responsibility. But even God can’t help him now

by Richard Denniss in The Guardian

by Richard Denniss[Originally published in the Australian Financial Review, 16 October 2019] When Barnaby Joyce starts making more sense about inequality than Scott Morrison, you know the Coalition is heading for choppy waters. In July, the former Nationals leader suggested that the unemployment benefit needed to rise significantly. “Certainly $555 or thereabouts a fortnight is difficult, especially

Aggregating Land Tax Good Policy but Cuts Go Too Far: Australia Institute

The Australia Institute’s submission to the State Government’s review of the draft Land Tax (Miscellaneous) Amendments Bill 2019 supports the idea of aggregating land portfolios for taxation purposes but raises concerns about the lost revenue that will result from deep cuts to the state’s top rate of land tax. “The proposed changes to land tax

Attack of the clones: Australia’s reign by older white men is an offence on us all

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on The Guardian Australia, 02 October 2019] Teams full of similar people underperform. While sameness can create cohesion, cookie-cutter teams can’t successfully compete with diverse teams that can draw on a broad range of talents, perspectives and insights. At least that’s what empirical data from lefty organisations including McKinsey, Credit Suisse and the IMF have to

September 2019

New Analysis: Monetary Policy Spent

Monetary policy in Australia is no longer effective and the task of stimulating the economy should be taken up by a more active fiscal policy, shows new research by The Australia Institute. The report, Monetary Policy is Spent: It’s Fiscal Policy or Bust by David Richardson senior research fellow at The Australia Institute, shows that

Adani yet to contact regulators on rail-royalty deal

Research released today by The Australia Institute shows that preparations have not begun on parts of the Adani royalty deal, which is due for completion on Monday 30 September. Key findings The Adani royalty deal allows Adani to defer royalty payments and pay them back at discount interest rates. Estimates for the value royalty-related subsidies to Adani range from

When Scott Morrison lectured CEOs about speaking out on climate change, it was quite a fight to pick

by Richard Denniss in The Guardian

by Richard Denniss[Originally Published on Guardian Australia, 18 September 2019] In the same week that the prime minister told chief executives not to get “distracted” by issues like climate change, his National Party colleagues declared war on almond milk. Talk about focusing on the big issues. Needless to say, most business leaders paid as much attention to

Poll: Boosting Surplus not a Priority

New research shows seven in ten Australians (72%) think that, if Australia is at risk of a recession, the Government should prioritise economic stimulus over the budget surplus. The Australia Institute surveyed a nationally representative sample of 1,464 Australians about their economic priorities. Key Findings: 72% of Australians say that, if Australia is at risk

How we have sold ourselves short

by Richard Denniss[Originally published in the Australian Financial Review, 02 September 2019] Neoliberalism has made Australia more fragile, fractious and open to foreign influence. We talk a lot about the rise of Chinese influence but there’s less discussion about the decline in our national self-confidence. Despite living in the world’s 14th largest economy with some

Majority of Australians want Murray Darling policy to prioritise food security and family farms

New research released today by The Australia Institute shows that the vast majority of Australians prioritise production of food for Australian consumption, and support for family farms in the Murray Darling Basin. When respondents were asked to rank agriculture and water policy goals: Top water policy priorities for the Murray-Darling Basin include: Three quarters of

Paid Parental Leave for Fathers Advances Parental Equality

by Alison Pennington in Medium

Rising pressure on individuals and families to meet their caring needs is the “human face” of decline in workplace protections and bargaining power that has gathered pace since 2013. Meanwhile, the need for fathers and male spouses to take on more caring and household labour is routinely discussed in the public domain. But how have Australia’s work/care policies worked to support a redistribution of caring and household labour to males and fathers?

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