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June 2020
The Reconstruction Memorandum
Tasmania can’t afford a bet on the pokies
The poker machine industry has been shut down in Tasmania since the 24th of March. The industry is set to re-open on Friday the 26th of June. Re-opening these venues will provide immediate employment to staff previously stood down. However, our research shows that, in broader terms, poker machines (“pokies”, “electronic gaming machines” or “EGMs”)
Trouble in Paradise
National Energy Emissions Audit: May 2020
Welcome to the May 2020 issue of the NEEA Report, with most data updated to the end of April 2020, and some data for May. Data presented includes greenhouse gas emissions arising from: the generation of electricity in the National Electricity Market (NEM), the consumption of natural gas in eastern Australia (the area covered by
Eden-Monaro Polling: Economy and Climate Change Major Issues for By-Election
New research from The Australia Institute has found that the economy and climate change are the two most important issues for voters in the seat of Eden-Monaro, with a majority of voters saying economic stimulus following the COVID-19 crisis should also address and build our resilience to climate change.
Government debt won’t hurt us
Treasury forecasts unemployment rising to 10 per cent in the June quarter and that without the JobKeeper allowance unemployment would be 5 per cent higher at 15 per cent. The Government responded with a series of spending packages with a cumulative total of $193.6 billion. That inevitably means more deficit spending over and the next
Securitisation – Turning Problems into Threats
‘Securitisation’ is a post-WW2 phenomenon. It began as part of the expanding struggle between the US and the Soviet Union for pre-eminence during the Cold War, where the US, as a matter of policy, leveraged the full panoply of its state power to prevail over the Soviet Union. As used in contemporary security policy texts,
Getting off coal: Economic and social policies to manage the phase-out of thermal coal in Australia
The evidence of a climate emergency is now undeniable. Any coherent response requires a rapid phase-out of coal-fired electricity generation. That also implies an immediate halt to new thermal coal mines and a gradual closure of existing thermal coal mines. Successful implementation of such a policy requires a strong and concrete commitment to facilitating employment
Submission: Technology Investment Roadmap Discussion Paper
The Australia Institute made a submission on the Federal Government’s Technology Investment Roadmap Discussion Paper.
Submission: Climate Change Authority Review of Emissions Reduction Fund
The Australia Institute made a submission to the Climate Change Authority’s review of the Emissions Reduction Fund (ERF). The ERF includes the ‘safeguard mechanism’ which is failing by allowing emissions to rise, undoing the modest abatement purchased under the ERF and abatement achieved in the electricity sector.
Delayed implementation of five minute and global settlement (ERC0298)
A submission to the ‘Delayed implementation of five minute and global settlement’ rule change, which seeks to delay the implementation of five minute settlement (5MS) and global settlement (GS) by12 months, from July 2021 to July 2022.
The macroeconomic impact of the NSW public sector pay cut
Note: This report was edited on 11 February 2025 to fix typos. No significant content has been changed.
May 2020
Great Southern Hand: State emergency economic responses to COVID-19
COVID-19 had an immediate economic and social effect on all Australians. As businesses shut, state borders closed and millions of Australians lost all or part of their income, State Governments stepped in and provided immediate relief. This report compiles state government spending in support of existing businesses and community organisations in response to the COVID-19
Inquiry into Foreign Investment Proposals
The Australia institute is pleased to make the present submission to the Senate Economics Committee Inquiry into foreign investment proposals. This submission begins with some general thoughts based on earlier work at The Australia Institute. We note that Australia’s history has included rigorous debates about foreign ownership of the Australian economy. Sometimes that debate has taken
Submission on Australian National Audit Office Draft 2020-21 Work Program
The Australia Institute made a submission to the Australian National Audit Office endorsing proposed audits of the Underwriting New Generation Investment program (UNGI) and Snowy 2.0, and recommending close audit of the National COVID19 Coordination Commission (NCCC).
Eden-Monaro Polling: Majority of Voters Want JobSeeker Increase, $60B JobKeeper Hole Raises Pressure
Energy reform after COVID-19
Coal generators are pushing to delay important reforms that would make the National ElectricityMarket more reliable and efficient and help lower emissions. Speeding up NEM reform will help drive economic recovery, not delay it.
National Energy Emissions Audit: April 2020
Welcome to the April 2020 issue of the NEEA Report, with data updated to the end of March2020. Data presented includes greenhouse gas emissions arising from: the generation of electricity in the National Electricity Market (NEM), the consumption of natural gas in eastern Australia (the area covered by the NEM), and the consumption of petroleum
Fracking and slacking
Submission on Offshore Clean Energy Bill discussion paper
The Federal Government is expected to move in 2020 to pass legislation to start an offshore renewable energy sector. Wind is currently the sole commercially viable offshore renewable energy generation technology and it has considerable potential to contribute to the Australian and global energy mix. If the Federal Government draws on lessons learned in Europe’s
Powering Onwards
With disruptions in international supply chains for essential products (like medical equipment and supplies) disrupted in the current COVID pandemic, Australians have a new appreciation for the importance of retaining a flexible, high-quality, domestic manufacturing capacity. And the ongoing transformation of Australia’s energy industry, with rapid expansion of renewable energy sources, would add momentum to the renaissance of Australian manufacturing.
‘Snap back’ or slide down: The impact of a 10 percent recession on the growth path for Australian GDP
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
Global attitudes to COVID-19 pandemic and response
The Australia Institute’s International & Security Affairs Program surveyed nationally representative samples of people in Australia, New Zealand, the United Kingdom, the United States, Italy and South Korea about the COVID-19 pandemic. The government and friends and family are the most trusted sources of advice about the COVID-19 pandemic, and the more trusted a government the higher
Tasmanian Design Principles for Fiscal Policy in the Pandemic
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
April 2020
Log of Extraordinary IR Measures During COVID-19 Shutdowns
COVID-19 containment measures have suspended large sections of the economy. Governments have committed over $220 billion in income supports to workers and firms. The $130 billion JobKeeper wage subsidy scheme is the most extensive “shock absorber” (with worrying exclusions of many casual and migrant workers). With the scheme now in place, assessment of the government’s COVID-19 measures is now shifting to implementation. This includes effects on the laws and regulations governing wages and how businesses and employees (and their unions) interact to determine the terms and conditions of employment.
Problems with UNGI
The Underwriting New Generation Investments Program has no legislative basis, no guidelines or criteria, and is following no clear process. Despite this the government has already shortlisted projects, made agreements and engaged in detailed negotiations.