August 2019

Fire and Forestry: How Intact Forests Can Work As Buffer to Bushfires

“More than any other state, Tasmanians live in and on the edges of the bush,” said Leanne Minshull, Director of the Australia Institute Tasmania. “As the severity of fires increase, so does the impact on our homes, our communities and our economy, we need to look at this problem holistically to have any chance of

BCA Investment Allowance Proposal Welcomed

“The Business Council of Australia proposal for an Investment Allowance deserves support,” said Ben Oquist, Executive Director of the Australia Institute. “Given the weakness of the Australian economy, with interest rates heading towards zero and monetary policy effectively being exhausted, other measures to stimulate the economy deserve support. “The BCA proposal should be supported at

Conservatives hate red tape – unless it’s to regulate the behaviour of their enemies

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on Guardian Australia, 08 August 2019] Australia needs more regulation of the banks, more regulation of the aged care sector, more regulation of property developers, more regulation of the mining industry and more regulation of the way we use the water in our rivers. But conservatives are still calling for a

Stuck-in-the-Mud’ Workers Not to Blame for Wage Stagnation

by Jim Stanford

The Commonwealth Treasury raised eyebrows recently with a new research report that seemed to pin the blame for record-weak wage increases on workers’ reluctance to quit their jobs in search of better-paying alternatives. The report was presented to the recent conference of the Economic Society of Australia, and elicited gleeful headlines in conservative newspapers blaming “stubborn” workers for their own poor wage results.

July 2019

Tasmanians missing out on revenue from fish farms

The Tasmanian government may have forgone millions of dollars in potential revenue from the rapid growth in the fish farming industry according to a new report from The Australia Institute. Key Findings: Annual lease and licence fees paid by the salmon industry to the State Government, represented 0.1% of the total farm-gate production of the

Australia’s business lobby has mastered the art of dressing self-interest up as national interest

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on The Guardian Australia, 10 July 2019] The only time the business community pretends to take economics seriously is when they want to slash their taxes – or other people’s wages. The economic evidence to support the case for multimillion CEO bonuses is as weak as the economic evidence that cutting

Canberra shows Australia: Progressive policies nationally popular and proven to work

Most Australians want 100% renewable energy, a stamp duty to land tax swap and pill testing at music festivals in their own state, new national polling from The Australia Institute shows. A new report from The Australia Institute, authored by Bill Browne, shows that most of the Australian Capital Territory’s innovative policies have majority support

June 2019

How Good Is The Economy?

featuring Ebony Bennett and Richard Denniss

Two months ago, the Treasurer delivered a budget with rosy economic figures – what the hell happened? Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett Contributors: Richard Denniss, chief economist at the Australia Institute // @RDNS_TAI  Matt Grudnoff, senior economist at the Australia Institute // @MattGrudnoff Producer: Jennifer Macey // @jennifermacey // Additional editing by Lizzie Jack. Title Track: Jonathan

These tax cuts will prove wrong and costly in five years’ time

by Richard Denniss[Originally Published in the Australian Financial Review, 26 June 2019]Imagine if the Reserve Bank of Australia (RBA) conducted monetary policy the way the Morrison government conducted fiscal policy. Step one: publish optimistic forecasts of GDP and wage growth to create “confidence”. Step two: set interest rates five years down the track, based on

SA Budget: More Tax Cuts for the Wealthy While Everybody Else Pays

The Marshall Government’s 2019-20 Budget, which doubles down on tax cuts for wealthy property investors while slugging regular South Australians with increased fees and charges, is a disappointing missed opportunity, independent think tank The Australia Institute says. “Increased fees and cuts to services are the price South Australians are being forced to pay because of

Men will get almost twice the benefit from later stages of unlegislated income tax cuts as women: new research

The final stage of the Morrison Government’s unlegislated income tax plan, stage 3(a) favours males by a ratio of almost two to one, according to a new distributional analysis from The Australia Institute’s senior economist Matt Grudnoff.   The Morrison Government is yet to legislate the additional tax cuts announced in the 2019-20 Federal Budget,

Australia can Follow Finland to Reverse TAFE and Training Crisis

Australia should consider whether it wants a higher education and vocational training system more like that of Finland or more like the USA, according to a new report from The Australia Institute’s Nordic Policy Centre. The report, co-authored by Professor Andrew Scott, Emeritus Professor Tor Hundloe and Mr Shirley Jackson, shows Australian vocational training is

WTF2050 Episode 13 – Andrew McPhail – Independent Film Producer

featuring Anna Bateman and Leanne Minshull

Andrew introduces us to the term ‘weightless exports’ – think digital services and games rather than wood or food. Inspired Leanne and Anna sat down with Paris Buttfield-Addison, cofounder of Hobart based Secret Lab – Secret Lab builds video games and mobile apps, and teaches game and app development through books and online training. Secret

WTF2050 Episode 12 – Frank Cuypers – Destination Think

featuring Anna Bateman and Leanne Minshull

Prof. Frank Cuypers is a marketing and tourism academic brought to the island by Tourism Tasmania to share his thoughts on the future of tourism. He talks about the strength of our clean and green Tasmanian brand and the global hunger for authentic experienced based Tourism. Also in the episode an interview with Charles Munn,

WTF2050 Episode 11 – Louise Morris – Insect Farmer, Rebel Foods, Derby Tasmania

featuring Anna Bateman and Leanne Minshull

Louise’s insects are on the standing menu at MONA Faros restaurant, as featured on many fine menu’s across Tasmania. Her Protein Plus Nut Butter blends stocked at East Coast Village Providore (St Helens) and newly opened Derby Providore. In this episode Anna & Leanne discover organic insect farming from inside a shipping container on a

May 2019

New Analysis: Over 50% of Stage 3a Tax Cuts Benefit to go to Highest Income Earners

New income distributional analysis from The Australia Institute senior economist Matt Grudnoff shows the Morrison Government’s proposed Stage 3(a) income tax cuts announced in the 2019-20 Federal Budget, to come into effect 2024-25, will overwhelmingly benefit high-income earners with over 50% of the benefit going to the top 20% of taxpayers, while the bottom half

Where To Now for Union Campaign? Workplace Express

The unexpected results of the 2019 Commonwealth election have sparked many commentaries regarding what happened, and why. This article, reprinted with permission from Workplace Express, considers the role of the major #ChangeTheRules campaign mobilised by Australian unions in the lead-up to the election – and ponders the movement’s next steps in the continuing debate over labour market policies and industrial relations. It cites both our Economist Alison Pennington, and our Director Jim Stanford, as well as our previous research on the erosion of collective bargaining in Australia.

Bob Hawke leaves behind an important environmental legacy

by Ebony Bennett in The Canberra Times

by Ebony Bennett[Originally published in the Canberra Times, 17 May 2019] Bob Hawke is perhaps credited most often for his economic reforms, but he also leaves a tremendous legacy of protecting Earth’s wilderness. Without Bob Hawke, Antarctica would be a quarry, Tasmania’s iconic Franklin River would be flooded and Queensland’s Daintree rainforest would be a

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