Based on the way they talk about the proposed income tax cuts, the average Turnbull government MP struggles with the definition of average. To be fair, averages can be a bit confusing. For example, the average Australian has less than two legs (as the number of people with one leg far exceeds the number of people

For the first time on record, less than half of employed Australians hold a ‘standard job’: that is, a permanent full-time paid job with leave entitlements.

The Australian Council of Trade Unions has released a major policy paper outlining an ambitious, multi-faceted program to address the chronic shortage of work, and the steady erosion of job quality, in Australia. The full paper, Jobs You Can Count On, is available on the ACTU’s website.  It contains specific proposals to stimulate much stronger job-creation, reduce unemployment and underemployment, improve job quality (including through repairs to Australia’s industrial relations system), and ensure that all communities (including traditionally marginalised populations like indigenous peoples, women, youth, and people with disability) have full access to the decent work opportunities that the plan would generate.

Australia’s state and federal governments could help solve the problem of stagnant wages by better leveraging their own spending power.

Bracket creep is as maligned as it is misunderstood. Indeed, it can even be a good thing. But while most people probably know that bracket creep refers to people getting tipped into higher marginal tax rates as their wages rise, few seem to realise that there is good bracket creep and bad bracket creep. But before I explain

Budget proposes Australia’s progressive tax system be overhauled to put majority of workers on the same tax rate. [Report – see PDF below] The Australia Institute has issued a briefing paper which modelled the distributionary effects of the proposal, showing the benefits flow overwhelmingly to the highest income earners who get 62%, while just 7%

Reported moves to expanded the under-utilised Pension Loan Scheme (PLS) to allow pensioners access to the scheme would be a welcome budget breakthrough. “This is sensible economic reform which will allow those on the aged pension to effectively access some of the value of their home without having to sell it,” said Ben Oquist, Australia

The answer to the meaning of life is, as we know thanks to Hitchhiker’s Guide to the Galaxy, “42”. What is less well known is that the answer to what Australia’s tax policy should be is also a single, specific and essentially arbitrary numerical figure. [This article was first published in the Australian Financial Review –

A new report from the Australia Institute shows the recently announced 23.9 tax-to-GDP cap is entirely arbitrary, and that a strict tax cap with no policy change will severely limit choices in Government spending. The report shows 23.9 per cent is the average tax-to-GDP ratio between the introduction of the GST and the Global Financial

A report released today by the Australia Institute’s Centre for Future Work shows Western Australia’s recent budget deficit is the result – not the cause – of deteriorating economic conditions.

A new national poll has asked 1,557 Australians what they think large companies are likely to do with a company tax cut.  A majority (61%) of respondents think that increasing worker’s pay would be the very bottom of the list of priorities for large companies receiving a tax cut. 63% think increasing executive pay, and

Peter Dutton’s best argument for Australia to lower its annual immigration intake is one word: Sydney. Australia’s largest city has been made crowded, slow, expensive and unproductive by decades of unplanned immigration. [This article was first published in the Australian Financial Review – here] Anyone planning an event knows that it makes a lot more

Open letter calls for more tax, not less in order to address inequality and ensure ongoing prosperity as Australia Institute research shows Australia ranks 8th lowest of 35 OECD members in tax to GDP. The open letter is signed by prominent economists and public figures including former PM&C Secretary Dr Michael Keating, Nobel laureate Peter

Mainstream economists and conservative political leaders profess “surprise” at the historically slow pace of wage growth in Australia’s labour market. They claim that wages will start growing faster soon, in response to the normal “laws of supply and demand.”  This view ignores the importance of institutional and regulatory factors in determining wages and income distribution.  In fact, given the systematic efforts in recent decades to weaken wage-setting institutions (including minimum wages, the awards system, and collective bargaining), it is no surprise at all that wages have slowed to a crawl.  And the solutions to the problem are equally obvious: rebuild the power of those institutions, to support workers in winning a better share of the economic pie they produce.

In its desperation to cut the company tax rate the Turnbull government is willing to burden future generations with the kind of record budget deficits it has previously sought to pin on the ALP. As an economic strategy it makes little sense but as a political strategy it makes no sense. Indeed the PM seems so keen

Since the Coalition’s 2014 decision to cut foreign aid funding by $1.4 billion per year, Australia’s foreign aid record has not improved, with the 2017-18 Budget representing new lows for aid funding, a new report from policy think tank The Australia Institute finds. The reports suggest that Australia’s aid spending, already at record lows, could

U.S. President Donald Trump’s recent trade policies (including tariffs on steel and aluminium that could affect Australian exports) have raised fears of a worldwide slide into protectionism and trade conflict.  Trump’s approach has been widely and legitimately criticised.  But his argument that many U.S. workers have been hurt by the operation of current free trade

All poor people have low taxable incomes, but many people with low taxable incomes are a long way from being poor. [First published in the Australian Financial Review – here] And while the debate about the fairness of abolishing cash refunds for “spare” tax credits has conflated poor people and those with good accountants, the two groups

Wentworth poll shows just 27.3% support for cutting rate on profits of large companies. Poll of Brisbane shows low support for cuts to taxes and services. Polling released today by The Australia Institute of Malcolm Turnbull’s affluent federal seat shows about the same number of voters want the company tax rate increased (26%) as want

The tax treatment of earnings generated from owning shares is complicated. Because it is complicated most people think it is boring. Because it’s boring we don’t discuss it much. However Australia’s dividend imputation system is important, unique to the world and comes with approximately a $30 billion dollar a year price tag. So whatever you

On Friday 16 February the Australian Financial Review published an opinion piece on company tax and argued that The Australia Institute ‘undermined a policy that woud have created jobs, profits and a bigger economy’. Generally this is a good article which sets out how The Australia Institute undermined the Government’s plan to cut company taxes,

I’m proud that The Australian Financial Review thinks that my colleague Ben Oquist and I ran a “well-orchestrated thought campaign” against the BCA’s call for a $65 billion tax cut, but, to be honest, defeating it in that debate wasn’t difficult. [First published by the Australian Financial Review – here] Indeed, while Aaron Patrick’s piece titled “How company tax

New polling released today by The Australia Institute Tasmania shows that even Liberal voters in the state do not believe that company tax cuts will increase workers’ pay. The poll of 925 Tasmanians, conducted by ReachTEL for The Australia Institute, found only 10.8% believed that giving large companies a tax cut would increase workers’ pay,