New polling released today asked Australians about the federal government’s handling of the global financial crisis (GFC). 1,408 residents were asked about Australia’s economy during the GFC, in particular the government stimulus spending. Australians have strong positive views about the government’s GFC response overall. Almost two thirds (62%) of Australians agree the GFC would have

The Palaszczuk Government risks a voter backlash as it breaks a clear election promise which ruled out subsidising the Adani coal project, according to a new report from The Australia Institute. First, the Queensland government is ultimately responsible for a $1bn subsidised loan from the Northern Australia Infrastructure Facility (NAIF). Secondly, the Queensland government has

Progressives everywhere are grappling with developing policy proposals to improve the quantity and quality of work in our economy, as part of their broader vision for building more successful and inclusive societies. To this end, the Fabians Society in NSW recently published an interesting booklet of policy proposals, to inject into debate within the Labor Party and other fora. One chapter written by Sarah Kaine (Associate Professor at UTS and a member of the Centre for Future Work’s Advisory Committee) and Jim Stanford (Economist and Director of the Centre) deals head-on with the challenges facing work, and what can be done to make it better; it is reprinted below.

This opinion piece was first published in the Canberra Times on 29 July 2017. The final season of Game of Thrones is back and winter is coming for House Turnbull. The failure of the federal government on energy policy is driving up emissions, driving up energy prices, stalling investment and its harming consumers. And hasn’t

New research released by The Australia Institute today looks at the economic and employment effects of the Ord River irrigation schemes. Expansion of Ord irrigation is part of the Federal Government’s vision for developing northern Australia, but faces opposition from indigenous groups, the Northern Territory government and is dogged by decades of economic failure. The

Paradoxically, underemployment and number of hours actually worked are both on the rise in Australia.

Rising inequality is, according to the lefties at the International Monetary Fund, a drag on economic growth. And low wages growth is, according to the lefties at the RBA, a drag on growth. And according to lefties like Theresa May fixing economic equality is “crucial” to the economy. [This article was first published by the

A high profile community campaign on fish farming has put economic and employment issues in the spotlight. New polling release today asked residents of Lyons about the industry’s performance on modernising in order to protect jobs into the future. “It is clear from these results that even those who back the industry believe that fish

A new report released today from The Australia Institute’s Senior Research Fellow, David Richardson shows that, according to ATO data, the equivalent of 21.6 per cent of Australia’s national income was run through a trust. The latest ATO figures show there are 823,448 trusts with assets of $3.1 trillion, and total business income of $349.2

New analysis shows that the socio-economic status of Canberra parents, not Canberra schools, explain the above average performance of ACT children in national testing. The Australia Institute released a report today that exposes the systemic failure of the ACT’s primary education system and offers recommendations on how to rejuvenate the sector. The Australia Institute report,

The Australia Institute has released new research showing that the development of Adani and other Galilee basin mines would reduce NSW coal royalties by over $10 billion to 2035. [Full report in PDF below] The Institute’s calculations are based on analysis by well-known coal analysts Wood Mackenzie, commissioned by the Port of Newcastle, the world’s

The combined SA and Federal bank levies are less than one-third of IMF ‘safe maximum’ A new report from The Australia Institute’s Senior Economist, Matt Grudnoff, reviews the economic impact of the South Australian government’s proposed bank levy. The research finds that the banks are not only very capable of paying the 0.0036% levy on

The RBA governor Philip Lowe recently encouraged Australian workers to stop being so scared of technological change and foreign competition and start demanding higher wages. But if the governor wants to really understand why so many Australians have been willing to settle for so little for so long perhaps he should ask the Treasurer to appoint the ACTU

Ahead of a National Manufacturing Summit, a new report outlines the industry’s dogged resilience in difficult times, its importance to the Australian economy, and its more hopeful future prospects.

This week’s budget was full of good news about good economic times. The combination of favourable economic conditions and some good economic management could have been a once in a generation opportunity to build for the state’s future. Built on the back of our clean and green image, a boom in revenues has been fuelled

Today’s State budget has reflected our strengthening economy, built on the back of our clean and green image. The boom, fuelled by growth in tourism and the property market, has increased revenue, delivering a surplus of $54 million dollars. The Australia Institute Tasmania have warned that if investment is not made in vital long-term prosperity

Australia isn’t trying to stop global warming, we’re subsidising it. While here in the ACT we’re on track to source 100% of our electricity from renewable energy by 2020, in Queensland the state government is doubling down on the number one contributor to climate change – coal. Despite banks, economists and the Australian people showing

African white elephant, a report released today by Jubilee Australia and The Australia Institute examines the proposal for Australia’s export credit agency to fund a coal mine in South Africa. The tax payer-backed Export Finance and Insurance Corporation, known as Efic, is considering a loan to develop the Boikarabelo coal project in Limpopo Province, South

New analysis of tax data shows that limiting the deduction for managing tax affairs to $3,000 is likely to impact only very high income earners. The majority of Australians make no claim for managing their tax affairs, and even amongst those in the top 3% of income earners, most claims do not exceed the $3,000

Latest data from the ABS shows wages growth stuck at 1.9% with no signs of any pick up. Wages growth has now been stuck at roughly this level for the last 3 years.  The ABS has now confirmed that wages growth is running at a slower rate than inflation (Consumer Price Index). According to the

New research from The Australia Institute has found that the Prime Minister’s electorate reaps the greatest benefit from the capital gains tax discount, by a large margin. The CGT discount is expected to cost the budget $9.6 billion dollars this year (2016-17) $44 billion over the next four years. Historical data also shows that, in

The big banks have just discovered what Australia’s unemployed have known for some time, in modern Australia it is risky to be the underdog. For the last decade, at least, Australian politics has revolved around what you can get away with, not what the country needs, and the results have been nasty. And as the

Commonwealth Treasurer Scott Morrison tabled his 2017-18 budget in Parliament House on May 9, and the Centre for Future Work’s Director Jim Stanford was there in the lock-up to analyse its likely impacts. Here are some of our main impressions and comments:

Following media report that the Queensland Government and Adani are negotiating a discount on the royalties the company would pay to extract the state/s coal resources, The Australia Institute has calculated the potential cost of a ‘roylaty holiday’ to the taxpayer. The Courier Mail reported that the government and Adani working on this deal: Premier Annastacia Palaszczuk

Steel order of 56,000 tonnes would be less than 1% of Whyalla steelworks capacity. Today’s announcement that the Adani coal project would ‘throw a lifeline’ to South Australian steel producer Arrium is the latest piece of deception from a company renowned for breaking its big economic promises. Canberra-based think tank The Australia Institute, which has

Barnaby Joyce says the federal Coalition’s desire to subsidise Adani’s Carmichael coal mine means the government will attract “some flak” from environmentalists. No doubt there will be, but he might do well to prepare for some friendly fire as well. [This article was first published in the Australian Financial Review – here] The government should expect some flak

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