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Economics
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April 2025
Reforming university governance in Australia
The university sector is in a governance crisis, fuelled by its lack of accountability to staff, students, federal or state governments. Australia needs a plan to make the sector accountable to the federal government and make university education and research a public service.
War gains: windfall profits on liquified natural gas exports, 2022-24
Companies exporting liquified natural gas from Australia have made windfall profits close to $100 billion since 2022, when energy prices spiked because of Russia’s invasion of Ukraine. Most of these profits are based on royalty-free gas and no Petroleum Resource Rent Tax was paid. At best, $20 billion in company tax was paid on this
Elective spending at Australian universities
Universities spend vast sums on consultants, advertising, and travel. Reducing these expenses could have prevented the deep cuts that some of these same universities have made to their staff and courses in recent years.
Big Gas is taking the piss: INPEX case study
Australians are being ripped off by gas export corporations.
The curious incident of low wages growth
A new Carmichael Centre report by David Peetz considers why wages growth has been so low, despite a tight labour market and a brief surge in inflation. Asking why has there been no wages explosion, Peetz finds the answer lies in loss of power. The report documents how workers have lost power in the past
Working from Home, Not a Problem
More than one in three workers in Australia usually work from home at least some of the week. Working from home has become an established working arrangement for many employees in jobs where it is possible to work remotely. Yet, there is strong opposition from some employers to working from home and regular reports of
The Continuing Irrelevance of Minimum Wages to Future Inflation
Updated analysis by the by the Centre for Future Work at the Australia Institute reveals that a fair and appropriate increase to the minimum wage, and accompanying increases to award rates, would not have a significant effect on inflation. The analysis examines the correlation between minimum wage increases and inflation going back to 1990, and finds no consistent link between minimum wage increases and inflation. It also reveals that such an increase to award wages could be met with only a small reduction in profit margins.
Medicine price comparison between Australia and the United States
The Pharmaceutical Benefits Scheme helps keeps the prices Australians pay for medicine low. In the USA, the pharmaceutical industry is calling on the Trump administration to put retaliatory tariffs on Australia as a way of pressuring Australia to make changes to the PBS so that it can make more money. This would make medicines more
March 2025
Red Imported Fire Ants and Australian electorates
Red Imported Fire Ants have the potential to cause significant environmental, social and economic damage.
Polling – Salmon farming and environment in Tasmania
The Australia Institute commissioned uComms, which surveyed 860 Australians living in Sydney between 17 and 18 March 2025 on environmental issues and salmon farming in Tasmania. Results show that: 61% support stopping salmon farming in areas where it is putting the endangered Maugean skate at risk of extinction; more than twice as many who oppose
Budget briefing paper 2025-2026
The Centre for Future Work’s research team has analysed the Commonwealth Government’s budget. As expected with a Federal election looming, the budget is not a horror one of austerity. However, the 2025-2026 budget is characterised by the absence of any significant initiatives. There is very little in this budget that is new other than the
Raising revenue right: Better tax ideas for the 48th Parliament
The 48th Parliament has the opportunity to tackle some of Australia’s biggest problems – inequality, poverty, sustainability, health and education challenges. Tackling these problems will take revenue. Fortunately, there is wide range of opportunities to raise more revenue in Australia, in ways that will also make the Australian community fairer and safer. Australia is a
Submission: A higher purpose
The decades-long push to make Australia’s universities more ‘business like’ has had scandalous consequences. The remedy is to make university governance more transparent, democratic, and accountable. The most effective way to enact this change would be to amend the establishing Acts that give universities their public mandate.
February 2025
Briefing Paper: Restoring public sector capability through investment in public service employees
The Australian Public Service (APS) is responsible for delivering some of the most crucial social services to all Australians. The APS workforce includes employees who deliver frontline services like in Medicare and Centrelink, those who administer the National Disability Insurance Scheme (NDIS), and those who assist service personnel and veterans via Veterans Affairs. These are
Wealth inequality by asset types. What’s driving wealth inequality?
Wealth inequality over the past 20 years has progressively become worse in Australia.
January 2025
Life Savers Without Life Savings
Firefighters and paramedics save lives, protect us from the ravages of fire, and ensure the sick and injured receive the medical treatment they need. However, after a working life protecting others, these emergency workers face substantial risk of having inadequate retirement incomes. Firefighters and paramedics are regularly compelled to retire early due to particular barriers
December 2024
Polling – Hopes for property prices
The Australia Institute surveyed a nationally representative sample of 1,009 Australians about their attitudes to future property prices.
Solid Foundations, Bright Future
New South Wales has one of the most prosperous and productive economies in Australia, with a diverse base of economic activity and strong labour market. However, years of austerity have hollowed out its public sector, creating one of the proportionally smallest state public sectors in the country in terms of both economic activity and employment.
Coal royalties in NSW
Coal royalties are a tiny part of NSW Government revenue. Over the last decade, they have averaged only 2.4% of NSW Government revenue. Coal royalties do little to fund regional communities, schools, hospitals, teachers, and nurses.
Trade associations
The Australia Institute has conducted an extensive study of 20 of Australia’s largest and most influential trade associations. The study assesses and compares the size, membership, political activities and members’ services offered by each association, and finds that there is tremendous variety in the types and scale of trade association activity. Most trade associations had
Submission to Industrial Relations Victoria Inquiry on Restricting Non-Disclosure Agreements (NDAs) in Workplace Sexual Harassment Cases
It is generally reported that NDAs can benefit victim-survivors by providing anonymity and privacy where that is the victim-survivor’s choice. However, it is also reported that power imbalances between victim-survivors on the one hand and perpetrators and employers/organisation on the other have left workers feeling they had little choice but to sign NDAs. NDAs have
Economic Prosperity, Public Sector Restraint
New report contrasts South Australia’s economic progress with continued public sector wage restraint By many measures, South Australia has enjoyed the strongest economy of any state in Australia. Its economic growth has been faster in recent years than any state – and in per capita terms, its prosperity has improved twice as fast as the
Polling – Christmas waste 2024
Giving and receiving gifts is one of the most cherished Christmas traditions. The polling conducted for this report shows that more than three in four Australians (77%) like buying gifts for people at Christmas. However, more than half (52%) would prefer it if people did not buy them gifts for them at Christmas. One quarter
Greenwashing coal in New South Wales
The organisations charged with overseeing regional transition away from coal mining in NSW have a budget of $5.2 million across four organisations. By contrast, $27 million of public money was spent in 2022-23 by Coal Innovation NSW conducting and promoting research that greenwashes the coal industry, while a publicly subsidised coal industry research fund worth
Vulnerability to extreme heat
Extreme heat is the number one cause of weather-related illness and death in all parts of Australia, except Tasmania. Older, poorer, and sicker people are more vulnerable to the effects of extreme heat. This report identifies the locations around Australia in which the greatest number of vulnerable people will be affected by extreme heat. Targeting these areas for support will ensure the greatest number of vulnerable people are helped during periods of extreme heat.
November 2024
Grow your own – 2024
Most Australians grow food, or are interested in doing so. Younger people are most likely to express interest in growing, but often lack the space or skills required. This demonstrates the need for gardening programs and investment in community gardens.
Taking up the Right to Disconnect? Unsatisfactory Working Hours and Unpaid Overtime
This year marks the sixteenth annual Go Home on Time Day (GHOTD), an initiative of the Centre for Future Work at the Australia Institute, that shines a spotlight on the maldistribution of working hours and the scale of unpaid overtime worked by Australians. The Australian labour market has remained relatively strong over 2024 although interest
PALM visas, superannuation and tax
The Pacific-Australia Labour Mobility (PALM) scheme is often presented as being beneficial to all parties—Australia, Pacific workers, and those workers’ home countries. In reality, the benefits are weighted in favour of Australia.
Polling – Northern NSW rescue helicopter
The Australia Institute surveyed a representative sample of 800 NSW residents to test their knowledge about how much Westpac contributes to the running cost of the Northern NSW Rescue Helicopter, also known as the Westpac Rescue Helicopter. Although Westpac is the naming rights sponsor of the rescue helicopter, Westpac provides less than 10% of its
University is expensive
In less than 20 years, the average HECS/HELP debt for people in their 20s has more than doubled.