Removing the coronavirus supplement in September will push over 600,000 people into poverty including 120,000 children and half a million people who rent or have a mortgage. This will have a profound impact on the lives of many children for the rest of their lives and significantly impact housing and banking in Australia.

The provision of free childcare provides the rarest of economic policy opportunities – it’s both an effective form of fiscal stimulus in the short term and has the capacity to boost the long-term participation rate and, in turn, the long run rate of economic growth.

If the Australian economy shrinks by 10 percent in the first half of 2020 it will likely take at least 21 months before Gross Domestic Product (GDP) reaches the levels achieved in the December quarter of 2019. Australia has never experienced such a deep and long-lasting reduction in the level of its national income. In

The economic crisis brought on by the coronavirus pandemic requires fast, large, effective and well targeted fiscal stimulus. While the size of the federal government’s initial three spending packages is appropriate as an initial response, both the shape of that response and the design of future spending measures need to be carefully evaluated. While the

The economic crisis brought on by the coronavirus pandemic requires fast, large, effective and well targeted fiscal stimulus. While the size of the government’s initial three spending packages is appropriate as an initial response, both the shape of that response and the design of future spending measures need to be carefully evaluated. This paper argues

The final stage of the Morrison Government’s unlegislated income tax plan, stage 3(a) will, over the five years after it is introduced in 2024-25, deliver a $33 billion benefit to those earning more than $180,000, according to a new distributional analysis from The Australia Institute’s senior economist Matt Grudnoff. The Morrison Government is yet to

The tax cuts announced in the budget will make Australia’s income tax system less progressive, hand billions to high income earners and for every dollar in tax cuts to females, males will get two dollars

In the lead-up to the 2013 federal election, then-Opposition Leader Tony Abbott made a high-profile pledge that a Coalition government, if elected, would create 1 million new jobs over the next five years. Abbott was elected (although later ousted by his own party), and total employment in Australia did indeed grow by over 1 million positions between 2013 and 2018.  Current Prime Minister Scott Morrison hopes that this success can resuscitate his party’s flagging fortunes: he has pledged, if elected, to create even more jobs (1.25 million) over the next five years.

The Australia Institute has considerable concerns about the proposed program tounderwrite new generation investments. In particular, the proposal seems to confusetwo separate issues. The first is that the reliability standard in the NEM is met. This ishighlighted in the consultation paper by reference to AEMO’s latest ElectricityStatement of Opportunities that the NEM will need an

Key Findings:  High-income households and Liberal held electorates are the biggest beneficiaries of negative gearing. Key Findings:Negative gearing primarily benefits high income households Young are the biggest losers from negative gearing Liberal held electorates the biggest winners fromnegative gearing [READ REPORT]

Introduction The debate in Australia about the Federal Government’s Budget has too often focused on what spending will get cut to fund what tax cuts. Australia has also obsessed which Treasurer will deliver a budget surplus in which year. What has been lost in this simplistic debate is that tax is the price we pay

A special 6-part series of short articles from WA Transport Magazine: Researchers have identified the transportation industry as one of the sectors likely to be most affected by the coming implementation of new technologies: such as self-driving vehicles, artificial intelligence, and automated logistics systems. How will transportation workers fare as these technologies are rolled out, and

Australia is off-track and looks set to miss its Paris emission reduction target. National emissions are rising and the government seems unwilling or unable to agree on credible policies to reduce emissions. The Commonwealth Government has shelved its centrepiece new climate and energy policy, the National Energy Guarantee (NEG). The Large-Scale Renewable Energy Target (RET)

Australia’s commitment under the Paris climate agreement is to reduce carbon emissions by 26 to 28 per cent below 2005 levels by 2030. With the announcement of the National Energy Guarantee the government has required the electricity sector to reduce its emissions by 26 per cent. This implies other sectors such as agriculture will also

Australian taxpayers have been overcompensated for bracket creep and there is no need for further income tax cuts to reduce its effects. The government uses bracket creep to justify the income tax plan outlined in the 2018 Budget. The government claims that bracket creep is having a negative impact on the economy and income tax

Inequality is getting worse in Australia with the income share of the top 10% growing at the expense of everyone else. On Monday 18 June, The Australia Institute, Australia21 and the former Treasurer, the Hon Wayne Swan MP, jointly hosted a roundtable discussion in Parliament House on dealing with economic inequality in Australia. The report was

This paper examines the government’s 2018 personal income tax proposals by presenting a distributional analysis of the tax cuts and then looking at some general tax principles and considerations that we can use to assess the present proposals. We begin in the next section by outlining exactly how the government intends the tax cuts to

The analysis looks at the average change in disposable household income compared to the average change for the whole of Australia in 2024–25, which is the first year the income tax cuts would be fully implemented. The biggest winners from the tax cut are wealthy electorates in Sydney and Melbourne. As shown in Table 1,

In the 2018 Budget, the government announced a radical plan to reshape the income tax system over the next seven years. While the first stage of the plan largely involves tax refunds for low and middle income earners, stage two and three would remove the 37 per cent tax bracket – and, as a consequence,