October 2008
Electricity sector neglects renewables research
The electricity industry generates around 45 per cent of Australia’s carbon emissions so it is surprising to see so little R&D in this industry. The electricity industry should be at the forefront of exploring lower emissions and renewable technologies, but the figures suggest the industry is not serious about doing so.
Subsidise renewables and stimulate jobs
Calls for the introduction of accelerated depreciation provisions for investment in clean energy. Because the price of this equipment is likely to fall sharply in the coming years, firms which invest today will experience ‘first mover disadvantage’.
Those who earn the most care least about pensioners
While 56 per cent of Australians living in households with incomes of less than $40,000 per cent per year were willing to pay higher taxes to fund an increase in the aged pension, only 34 per cent of those with household incomes above $150,000 agreed.
Banks are exploiting the uncertainty
Discusses the extent of the profits banks will generate by not passing on the full cut in official interest rates to their customers.
Put customers before profit
Australian banks should pass on the full cut in the interest rate to their customers. The Reserve Bank is trying to stimulate the economy, not the profits of Australia’s big banks.
In a man’s working world parental leave should be about fathers, too
Originally printed in the Sydney Morning Herald. Under the Productivity Commission’s parental leave proposal, men are entitled to two weeks’ paternity leave (use it or lose it), and mothers would be allowed to transfer their 18-week entitlement to their partners. It leaves the important decision about who provides primary care up to individual families and,
Between the lines 1
Why we measure stock market performance daily, but don’t measure what really counts. The record profits of Australia’s big banks despite the ‘crisis’. The real reasons behind Australia’s doctor shortage. The Government’s review of Australia’s tax system: are we paying enough?
No 56, September 2008
Richard Denniss explains how an emissions trading scheme works; Josh Fear looks at financial choices; Gemma Edgar explores the possibility of a national compact between the government and NGOs and David Richardson writes about the problems of hidden unemployment.
September 2008
August 2008
The Elixir of Corporate Compensation
We need the TGA, and other government regulatory bodies, to keep their teeth. We also need them to behave respectably and transparently. The TGA must now come clean about what went on behind the scenes in the Pan case if it has a chance of regaining authority.
June 2008
Turn Green Switch Now for a Fresh Burst of Energy
Not only can current jobs be adapted to green jobs, Australian engineers who now go to Europe, California or China might be lured home. Eventually, every job needs to be a green job: every industry will need to readjust to the reality of climate change and play their part in cutting Australia’s emissions. At best,
Credit reform needs to go back to basics
Recent research by the Australia Institute reveals the extent of community mistrust of the financial sector. Indeed, a large majority of adult Australians hold banks and other financial institutions responsible for the current debt crisis. Although many people believe that personal responsibility in financial decision making is important, there is broad consensus that the banking
No. 55 June 2008
Incoming Executive Director Richard Denniss shares his strategic vision for the Institute.
May 2008
A borrower nor a lender be
Australia’s love affair with easy credit has turned on itself. The price of credit has reached its highest point in 14 years, and home buyers are feeling the economic pain associated with higher interest rates. The corporate sector has tended to blame individuals for taking on more debt than they can handle, drawing on the
April 2008
Bringing Dads into the Debate
Raise the question of who should look after the kids, and you enter a minefield of gender roles, household distribution of labour, and parenting styles, with any wrong step potentially fatal. Arguments such as women have a biological affinity with raising children or that they’re better at it are sure to come up. Alternatively, workplaces
Leave accounts: win-win solution to child care
Originally printed in ABC News. It’s a good thing for our communities if working parents are able to take time out to spend with children. This should be the guiding principle for the Productivity Commission’s upcoming inquiry into paid maternity, paternity and parental leave. The second principle is to accept that many parents want or
March 2008
No. 54 March 2008
Clive Hamilton left the Australia Institute at the end of February to devote himself to writing. Here he pens his last comment for the newsletter.
February 2008
Clutter the persistent curse of the acquiring class
A study by the Australia Institute, Stuff Happens, found that women in particular find clutter distressing. They don’t necessarily have more clutter than men (the typical suburban garage would dispel that notion) but they tend to notice it more. Women are also more embarrassed by their clutter than men. The alternative to cluttering up our
Creating more jobs from the stimulus package
As many as 20,000 full-time jobs could be created for just $1 billion according to a submission by The Australia Institute to the Senate inquiry into the Government’s proposed stimulus package. For $42 billion the government is only expecting to sustain 90,000 jobs over two years, which is $233,000 per job per year. At just
January 2008
Don’t Just Rush into Any Old Career
The pressures on teenagers today are immense. Many are convinced that their entire lives will be determined by one number ”” their ENTER score. But, many who do not do well at school or university go on to have highly successful careers. And many who perform brilliantly at school and university somehow end up living
October 2007
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