October 2009
May contain traces of mad cow
The Government wants to allow meat from countries with Mad Cow disease into Australia. And our loose labelling rules mean you won’t know the difference, writes Hilary Bambrick.
Buying power stations vs compensating them, bank profits out of this world, AID/WATCH
Between the Lines is the Institute’s selective analysis of the policies and politics affecting the wellbeing of Australians. This edition considers: the strange argument for carbon price compensation; buying power stations vs compensating them; an uncharitable act; and, bank profits.
What will Wong’s CPRS actually do?
The CPRS is increasingly looking like the answer to a question that nobody asked, namely, what would be the best way to introduce a complex and expensive national scheme that sounds like a solution to climate change without really changing anything? But as the Senate vote gets closer the first question that the Climate Change
Super slick
Most of us like to complain about the banks from time to time, but compared to some parts of the superannuation industry the banks seem like the good guys. That’s because many commercial super funds are profiting enormously through excessive fees on the savings of ordinary workers.
The climate science sceptics
The science says that we need to reduce emissions by around 40 per cent by 2020 if we want even a fifty per cent chance of avoiding dangerous climate change. The Government has ignored that advice both in setting the targets for their so called Carbon Pollution Reduction Scheme (CPRS) and in developing Australia’s negotiating
The CPRS is pointless. It’s Copenhagen that counts
The Senate debate about the CPRS is getting close, and with views as diverse as those of Steve Fielding and Bob Brown it’s likely to be a cracker. Unfortunately, while there might be plenty of heat in the debate, whether the CPRS gets up or not will make no difference to global temperatures.
ABC Life Matters and The Australia Institute discuss excessive superannuation fees
Research Fellow and co-author of The case for a universal default superannuation fund, Josh Fear, talks to Life Matters about superannuation fees and how the system could be improved.
September 2009
How cutting carbon emissions leads to wasting energy
Economists can and do get it wrong. The lead up to the subprime mortgage crisis being an obvious case in point. While some economists and regulators were convinced all was well, many people were alarmed at a system that enabled people to buy expensive houses with loans that were beyond their means of repaying. It
Stimulus needed to prevent underclass
Despite Australia avoiding a recession, thanks largely to the Government’s stimulus packages, there remains a real risk of entrenching an underclass of unemployed.
Women’s labour market position worsens in August
In August, women’s unemployment increased by 0.2 percentage points while men’s fell by 0.2 percentage points. The female underutilisation rate increased by 1.0 percentage points to 15.5 per cent while men’s actually fell 0.6 percentage points to 11.9 per cent
Emissions trading: a zero sum game?
Picture this country five years from now, once an emissions trading scheme is fully operational. How will your life be different? Will higher energy prices radically change your approach to work, travel, shopping and leisure?
Between the lines 15
1. Electricity and pricing signals ”¦ 2. ”¦ How is our behaviour affected? 3. The Australian home: a sacred site for tax policy? 4. The slippery slope of the war on terror
NL 59, August 2009
Richard Denniss examines the work of the Institute over his first year as the new executive director; Brian Walters looks at anomalies in the common law with regard to public and private interests; David Richardson dissects the benefits of the mining boom; Georgia Miller explains some of the problems inherent in the nanotechnology revolution.
August 2009
The hidden impact of the Global Financial Crisis
Women account for up to 80 percent of Australia’s hidden unemployed, new research into the current economic downturn by The Australia Institute reveals. The report finds that not only are child-care responsibilities the most common reason why women struggle to rejoin the workforce, but those same responsibilities are a major reason that women are excluded
Government out of step with Australians on the CPRS
The Rudd Government is at odds with a majority of Australians in prioritising the needs of business in its climate-change policy, according to a new paper by The Australia Institute.
Between the lines 14
Denticare: making a mountain out of a molar. Dissent is a dirty word. A fair-weather friend: Australia’s relationship with a climate-changed Pacific. Extract from author Ben McNeil’s speech at the launch of ‘The Clean Industrial Revolution’.
July 2009
Peoples bank deja vu: a spotted history of competition in the banking sector
The global financial crisis has meant Australia’s top four banks have moved into the world’s top 10 banks in terms of financial soundness. While that says a lot about Australia’s regulators and regulatory environment, the global financial crisis has also meant much of their competition has been wiped out as customers consolidate around ‘sound and
Selfless winds of change
the ‘cap-and-slice’ proposal actually resembles the public’s perception of how emissions trading works more closely than the CPRS. Three-quarters of respondents to a recent Australia Institute survey said that Australia’s total emissions would go down if every household reduced its electricity use. Only 13 per cent gave the answer that corresponds to the CPRS: that
The surprise victim of Rudds carbon scheme
It is hard to imagine a scheme that is less fair than the CPRS. The Commonwealth collects the revenue and the states do the spending. The polluters get compensation and those dependent on the public health and education systems get nothing. Of course tackling climate change doesn’t need to be so unfair. With the legislation
Between the lines 13
Edited extract from Senator Christine Milne’s address to the National Press Club. Poverty and sustainability in developing countries: the impact of international trade in carbon. Australia’s Government debt: how does it stack up? Five disease outbreaks that are worse than swine flu.
Tax cuts favour the rich
Discusses how the July 2009 tax cuts are highly skewed towards the rich. High-income earners get $41 per week and low-income earners get nothing at all.
Need and social goals
Australia is a wealthy country. Although the current slowdown in the rate of economic growth has had a substantial impact on the government’s finances, the fact is that much of the ‘boom’ preceding this downturn was squandered through round after round of tax cuts. This occurred to such an extent that, despite the fact that
June 2009
Was the mining boom good for you?
The mining boom bonanza barely spread beyond the mining industry itself but the negative implications of the mining boom were felt very widely. This is important in view of the current suggestions that the end of the mining boom implies that Australians will have to tighten their belts. Symmetry should apply in the event of
World blood donor day: Australians happy to give their blood for free
The national survey of 2000 adults found that the notion of paying blood donors does not have widespread community support. Seventy-one per cent (71%) of respondents did not think that donors should be paid for their time when they donate blood.
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The benefits of the mining boom: where did they go? Renewable energy: the more the merrier, but how would we know? Mutual obligation by any other name.
The CPRS–Where to from here?
The CPRS has fundamental flaws that need to be addressed. A mechanism to ensure that the efforts of individuals and state governments to reduce emissions result in lower emissions, not extra permits for other polluters, needs to be introduced. Similarly, the decision to insulate the petrol price from the introduction of a carbon price needs
Good politics pointless policy
While it may not have been the government’s intention, it looks like the most potent symbol associated with the CPRS might be the Senate uniting to vote it down. The likely delay in implementing an effective scheme is a source of much regret for people who have called for urgent action for many years. But
Between the lines 11
The 2009 Budget in clichés. The ghost of Keating past. How green is my Budget? The good, the bad and the ugly.
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