Statewide polling shows Tasmanians want the fast growing industry of intensive fish farming to be better monitored and regulated. New polling of 1,310 Tasmanians conducted by ReachTEL for The Australia Institute shows 70% support for establishing an independent watchdog on intensive fish farms and 61% support for an independent investigation into the impacts of the

Comedian Corinne Grant, former Liberal leader John Hewson, award winning author Anna Funder, and businessman John Menadue AO join a list of 32 prominent Australians signing the open letter. The letter reads opens quoting the Business Council of Australia from their submission to the Senate Inquiry into the Adequacy of the Allowance Payment System for

Malcolm Turnbull’s decision to merge the environment and energy portfolios could lead to a breakthrough in the toxic climate politics of climate first triggered when he was rolled by Tony Abbott in December 2009. Full article on Guardian Australia – here. Dan Cass, Strategist, The Australia Institute @DanJCass

The ultimate irony of neoliberalism is that the buck no longer stops. It just keeps going and going. The company at the heart of #censusfail, IBM, was once paid more than $1 billion to deliver what started out as a $6 million contract to upgrade the Queensland Health Department’s payroll system. For decades we have

First published in the Australian Financial Review – Here The first order of business for the Turnbull government when Parliament returns next week is to cut the dole for new recipients from $263.80 to $259.40 per week. That is less than the tax free allowance politicians receive for each night they spend in Canberra. It

As Prime Minister Malcolm Turnbull prepares to deliver an address regarding ‘budget repair’ his government is proposing unprecedented austerity for the poorest Australians but generous tax cuts for the wealthiest companies and individuals. At the heart of the PM’s plan to repair the Commonwealth Budget is a plan to slash the budgets of Australia’s poorest

New polling shows very low support for Government policy to cut welfare benefits by removing the clean energy supplement. The poll of 1,310 residents across Tasmania showed 60% opposed cutting Newstart, while just 25% supported the move. (see poll below) “There has been mounting evidence of the inadequacy of the unemployment benefits.  To cut them

If Arrium Steel closes in Whyalla around 8000 people in a town of 22,000 will be looking for work. On average, of every 100 Australians who lose their jobs 30 will still be looking for a new one 12 months later. Unfortunately, the average is much higher when job losses are concentrated in a particular

It was a “sleeper” issue in the recent election, and led to the defeat of some high-profile Liberal candidates.  But now the debate over penalty rates for work on weekends and public holidays shifts to the Fair Work Commission.  The economic arguments in favour of cutting penalties (as advocated by lobbyists for the retail and

Analysis by The Australia Institute of The Banker’s survey of the top 1000 banks around the world showed Australia’s banks make the highest profit as a share of GDP.  Table 1 – Bank Profit share of GDP%  Rank bank profit share of GDP % 1 Australia 2.9 2 China 2.8 3 Sweden 2.6 4 Canada 2.3 5

New research released by the Australia Institute today shows that government moves to cut unemployment benefits will put recipients at 32% below the poverty line . The research also highlights staggering inequality in Australia where the 10 richest Australian families have the same wealth as the poorest 3.9 million Australians combined. “At the time of

Malcolm Turnbull’s decision to merge the environment and energy portfolios could lead to a breakthrough in the toxic climate politics that was unleashed when Tony Abbott rolled him in the December 2009 leadership coup. Or the new super-ministry and its new minister Josh Frydenberg could be set up for failure. It depends entirely on whether

The Business Council of Australia and the Liberal party just lost a debate with Bill Shorten about the economy. Badly. The days where expensive suits and even more expensive modelling were enough to win a public debate about “what the economy needs” are over. The days where newspaper editors could shift votes are over. The days where governments can deliver unpopular

Britain will now decide which Germans can invest in, or travel to, the UK and the circumstances in which they can do so.  The Brexit decision provides clear evidence of the tension within conservative politics between strident nationalism and economic rationalism. And as the business community is discovering, there are enormous economic risks when conservatives

We have prepared six shareable infographics based on material in our research paper, “Jobs and Growth… and a Few Hard Numbers,” which compared Australia’s economic performance under the respective postwar Prime Ministers.

There have been a lot of big claims made about cutting company tax cuts.

It is hard for the benefits of a company tax cut to “trickle down” to workers when employer groups insist on building dams to capture the gains for themselves, writes Richard Denniss. First published on The Drum – here. The Turnbull Government’s claim that a company tax cut will trickle down to benefit workers rests

It is hard to claim a mandate for something you barely mention, but just as the Turnbull government has stopped talking about the Australian Building and Construction Commission, the business community has now made a TV advertisement for the company tax cuts that, wait for it, doesn’t mention the company tax cuts. It wasn’t meant to be

Voters typically rank economic issues among their top concerns. And campaigning politicians regularly make bold (but vague) pronouncements regarding their competence and credibility as “economic managers.”  In popular discourse, economic “competence” is commonly equated with being “business-friendly.”

After three long weeks of election campaigning neither the Prime Minister nor the Treasurer has explained how the $48 billion centrepiece of their “economic plan” will be funded. Sure, they love being asked about it, as such questions allow them to say “jobs and growth” a lot. But the actual answer is yet to pass their

New research from Canberra based think tank The Australia Institute has exposed a serious funding hole in the Government’s company tax cut modelling. “Our research has uncovered that the Treasury commissioned modelling finds a $3.9B gain in government revenue because multinationals suddenly and voluntarily begin to pay more tax because the company tax rate drops 5 percentage points.  It is

The centrepiece of the Turnbull government’s ‘plan’ for the economy, and its plan to win the upcoming election, is based on some heroic assumptions. There is no strong evidence to support the government’s claim that cutting the company tax rate will boost “jobs and growth”. And there is no strong evidence that the public will

New research, based on US Internal Revenue Service (IRS) data, shows that the proposed company tax cut would see the Australian tax system delivering billions of dollars to the US Treasury. Australia and the US have a foreign tax treaty to ensure company profits are not double taxed. This arrangement means that companies pay the

For someone who piously bemoans an “us versus them” mentality in political culture, Treasurer Scott Morrison certainly drove a deep wedge into the social fabric with one of the centrepieces of his budget. There are four thresholds in the personal income tax system; Morrison chose to increase one of them, supposedly to offset the insidious effects of “bracket creep.” The third threshold will be raised from $80,000 to $87,000.

The Australia Institute has modelled the distribution of income tax cuts announced in the 2016 Budget. Using census data indexed to 2015, the modelling shows the percentage of income earners who would reap the full benefit of moving the second-top tax threshold cut-off from $80,000 to $87,000. “This tax cut is highly selective, with very

The Coalition Government’s business tax plan would deliver $7.4B to the big 4 banks. “Cutting company tax rates delivers a massive windfall to an already highly profitable banking sector,” Executive Director Australia Institute, Ben Oquist said. “It makes no economic or budget sense to deliver the big 4 banks a multi-billion dollar tax break when

As the Turnbull Government prepares to deliver tax cuts for high income earners and highly profitable corporations, including large banks, the latest data shows those living on government assistance are slipping further below the poverty line.  Professor Ronald Henderson delivered a major report to the government in 1973, which established an absolute poverty line, often

A report analysing cutting the budget repair levy and giving high income earners a tax cut to compensate for bracket creep, as touted by Treasurer Scott Morrison, finds the measure would exacerbate the revenue problem and not deliver growth.  New polling in the report also showed that the vast majority of Australians were not able

As Transfield Services found out last year, governments don’t just outsource service delivery, they outsource political risk. And while Scott Morrison was promoted from immigration minister to Treasurer because of his “success” in “stopping the boats”, he left the Belgiorno-Nettis family, Diane Smith-Gander and Transfield Services shareholders to take the heat and pay the price. Well played, Scott. Politicians