Research
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July 2017
Hume Coal Project: Submission on Environmental Impact Statement
The Hume Coal project should be rejected on economic grounds. It is a relatively small, high-cost, greenfields mine far from major markets. It is unlikely that it can be financially or economically viable as currently proposed. It is already imposing economic costs on the Southern Highlands community. Proceeding with the project, particularly with possible modifications
Inquiry into Horizontal Fiscal Equalisation
State governments are universally supportive of resource development. They provide considerable financial support to the sector, yet receive relatively little in return. We are unaware of any example of states using the HFE system to argue against resource development.
Report: South Australia Bank Levy
A new report from The Australia Institute’s Senior Economist, Matt Grudnoff, reviews the economic impact of the South Australian government’s proposed bank levy. The research finds that the banks are not only very capable of paying the 0.0036% levy on the same liabilities that the federal government levy is based on, but also that the
June 2017
The Economic (non)viability of the Adani Galilee Basin Project
As the Adani mine proposal becomes a central issue in Australian politics, Prof John Quiggin looks in detail at the economic (non)viability of the mine, which has driven the company’s appeals for subsidies and government support. Prof Quiggin also suggests three reasons the unviable project is still being pursued by its supporters: The project is
Faces of the Senate
A new report has mapped current polling trends to predict the make-up of the Australian Senate over the next two terms of Parliament. The results show a likely outcome is an entrenched cross bench with an increased One Nation presence and a stable Greens block.
Climate of the Nation 2017: Australian attitudes on climate change
**Following the closure of the Climate Institute on 30 June, its significant remaining funds and intellectual property will be transferred to the Australia Institute, to help carry forward the Australia Institute’s climate change-related research and advocacy.** The Climate Institute has now been conducting its Climate of the Nation attitudinal research for more than a decade. It is
Ensure the Crime and Corruption Commission is the strongest it can be to prevent corruption in Queensland
Three key changes are required to the CC Act and Bill – to ensure the definition of ‘corrupt conduct’ is widened sufficiently to include all appropriate activities, and to meet the high standards and effectiveness of the respected NSW ICAC.
Select Committee on an Independent Integrity Commission
The Australia Institute welcomes the opportunity to make a submission to the ACT Select Committee on an Independent Integrity Commission. The Australia Institute has examined the available evidence from the performance of anti-corruption commissions around Australia in order to inform the most effective design of an integrity commission in the ACT. Our research has found
Submission to Climate Change Authority / Australian Energy Market Commission Special Review on power system security, electricity prices and emission reductions
The Australia Institute welcomes the opportunity to make this submission to the Special Review conducted by the Climate Change Authority (CCA) in conjunction with the Australian Energy Market Commission (AEMC). The Australia Institute agrees with the AEMC that fundamental market reform is needed, and with the CCA that energy efficiency should be a priority. By
Export Finance and Insurance Corporation Amendment (Support for Commonwealth Entities) Bill 2016 [provisions]
The Jubilee Australia Research Centre and The Australia Institute welcome the opportunity to make a submission on the Export Finance and Insurance Corporation Amendment (Support for Commonwealth Entities) Bill 2016. The primary purpose of Efic under the original Export Finance and Insurance Corporation Act 1991 is to “assist the development of Australian export trade.” Efic
Review of the Future Security of the National Electricity Market
The Australia Institute welcomes the opportunity to make a submission to the Finkel Review. With the current state public discussion around energy issues, this review has the potential to steer Australia back towards a policy path that looks after the interests of energy consumers and the environment. Australia’s energy future should centre on renewable energy
Levy on the Major Banks
The Australia Institute welcomes the opportunity to a submission to the Inquiry into the Major Bank Levy Bill 2017 and the Treasury Laws Amendment (Major Bank Levy) Bill 2017. This submission should be read in conjunction with some earlier submissions to Senate Inquiries. In particular we refer to our submission to the Senate Economics Committee
Free room for ‘rent’
Successful Homeshare programs in the balance as NDIS roll-out offers new risks and opportunities. A new report from The Australia Institute, released today at the Council on the Ageing national housing policy forum, identifies semi-formal shared living opportunities for older Australians and people with disabilities. —Full report available in PDF below— Homeshare models provide free
Manufacturing: A Moment of Opportunity
In conjunction with the National Manufacturing Summit, titled “From Opportunity to Action,” at Parliament House in Canberra on June 21, 2017, the Centre for Future Work has released a new research paper on the opportunities to sustain and expand manufacturing jobs in Australia. Our new report, Manufacturing: A Moment of Opportunity, by Jim Stanford and
Economics of unconventional gas development
Development of unconventional gas in the NT risks connecting the NT to the chaos in wider Australian gas markets. As the nation becomes a major gas exporter with record production there have been no winners.
The Audit Electricity Update – Finkel Review
Welcome to the first issue of the The Audit – Electricity Update, the companion publication to the National Energy Emissions Audit Report. Each issue of Electricity Update will also contain a more detailed discussion of one or two particular topics relating to the electricity system which have assumed particular importance in the period prior
The Australia Institute launches National Energy Emissions Audit
Download The Audit (June 2017) The Australia Institute has launched the National Energy Emissions Audit (The Audit), written by respected energy analyst and ANU Honorary Associate Professor, Dr Hugh Saddler, which tracks Australia’s emissions of greenhouse gases from the combustion of fossil fuels. The National Energy Emissions Audit will be published on a quarterly basis,
A progressive Medicare Levy
A new report models the impact of an increased Medicare Levy in comparison to a progressive Medicare Levy, more like income tax, on the spread of Australian income earners. The Government proposes to increase the Medicare levy to 2.5 per cent of income from July 2019. That would mean a gradual switch in the tax
Labour Share of Australian GDP Hits All-Time Record Low
Amidst increasing concerns among economists and budget forecasters about the historic stagnation of Australian wages, the latest GDP statistics from the Australian Bureau of Statistics have confirmed that the proportion of national economic output that is paid to workers has reached an all-time low.
Securing Tasmania’s energy future
Report calls for Tasmania to become energy self-reliant and an exporter of renewable energy. A new report from Hobart-based think tank The Australia Institute Tasmania identifies an opportunity for Tasmania to take advantage of its unique energy assets which could deliver cheaper local electricity. The report finds that Tasmania’s link to the National Electricity Market
Penalty Rates, Minimum Wages, and Purchasing Power
The Fair Work Commission released two major decisions this week: its order regarding the timing for the implementation of reductions in penalty rates for Sunday and public holiday work in four major retail and hospitality awards, followed by its annual review of the general minimum wage. Both decisions will take effect on July 1. It
Still Anti-Asian? Anti-Chinese? One Nation policies on Asian immigration and multiculturalism
Is Pauline Hanson’s One Nation party anti-Asian? Just how much has One Nation changed since Pauline Hanson first sat in the Australian Parliament two decades ago? This report reviews One Nation’s statements of the 1990s and the current policies of the party. It concludes that One Nation’s broad policies on immigration and multiculturalism remain essentially
Support for a federal ICAC [POLL]
Polling shows the majority voters across the political spectrum support a federal ICAC. Results of poll of 1,420 Australian residents: 80% of people support establishing a federal ICAC Support is highest among Coalition voters (84%) 63% of people have a low level of trust in federal parliament, only 10% have a high level of trust
Of Levies, Profits, and Backstops: The Bank Tax in Context
The Australian government’s surprising decision to impose a new tax targeted precisely at the biggest financial institutions in the country continues to generate public debate. We have reviewed the structure, likely effects, and economic and regulatory context of the proposed 0.06% levy on selected liabilities of the 5 largest financial institutions in Australia. The loud
Bank levy to have minor impact on average Australians
The Australia Institute has tested two claims made in response to the bank levy announced in the Federal Budget: that the impact of the levy will be passed onto customers, and that it will be borne by shareholders, affecting Australian superannuation savings. —For paper see PDF below— In either scenario, the research finds that the
It boondoggles the mind
The Northern Australia Infrastructure Facility (NAIF) is a $5 billion government fund for concessional financing to build infrastructure in northern Qld, NT and WA. The default financing mechanism is a loan. Adani has applied for a concessional loan of nearly $1 billion from the NAIF for a rail line so that it can export coal
May 2017
Money for nothing
The Australian Government has put $1.3 billion of taxpayers’ money towards Carbon Capture and Storage (CCS) initiatives since 2003, with zero large scale operational projects to show for it. A new report from The Australia Institute’s, Money for nothing, has found that despite years of generous taxpayer funding, there are no large-scale CCS projects operating
Queenslanders don’t want Adani subsidies: Poll
A new ReachTEL poll of 1,618 Queenslanders shows strong opposition to state and federal subsidies for the Adani coal proposal, including among LNP and One Nation voters. -Polling results in attachment below- 59% of Queenslanders oppose Federal and State taxpayers’ money being used to fund Adani’s project. 37% said they were strongly opposed and just
For Hume the Bell Tolls
The Southern Highlands has a diverse economy, with its band of towns and its proximity to major cities giving it an economic structure similar to NSW as a whole, but with a special focus on tourism, agriculture and manufacturing. Local businesses and community members are concerned about the potential effects of the proposed Hume Coal
African white elephant
Australia’s export credit agency, Efic, is a government-owned, taxpayer-backed organisation that aims to assist Australian exporters with financial services. Efic is currently considering a loan to a South African coal project. The Boikarabelo coal project has approval to produce 32 million tonnes of raw coal each year. The development of this project would likely contribute