The government has claimed there are no alternatives to its budget vision and called on the senate crossbenchers to stop blocking its budget measures or find alternatives that stack up. This paper aims to do just that. In order to help the government out and shift debate back to good budgetary policy, The Australia Institute

While a large number of people take advantage of negative gearing for residential investment properties in Australia, the majority of the benefits are more narrowly focused. A previous paper by the Australia Institute looked at how the benefit of negative gearing was distributed by income and aged groups. It also looked at how negative gearing

Modelling from NATSEM featured in a new report from The Australia Institute, commissioned by GetUp, reveals that more than half (55%) of the benefit of capital gains discount and negative gearing goes to the top 10% of income earners. Australia is one of only three OECD countries with this type of negative gearing regime. Working

Franking credits are worth about $30 billion per year in Australia. About $10 billion go to households and another $10 billion go to superannuation funds, trusts and charities. The remaining $10 billion go to other Australian companies. The international evidence shows that Australia is extremely generous when it comes to franking credits. But which are

‘Now of course I am minimizing my tax and if anybody in this country doesn’t minimize their tax they want their heads read…’ – Kerry Packer giving evidence to the 1991 House of Representatives Committee of Inquiry into the Australian Print Media Industry when questioned about his tax payments. On 2 October 2014 the Senate referred an

The report examines merits of a “Buffet rule” for Australia. The rule is named after billionaire investor Warren Buffett, who commented that his secretary should not pay a higher average rate of tax than he does. This paper is the first in a series of policy proposals that would not only reduce Australia’s budget deficit,

A new research paper from The Australia Institute reveals that home ownership rates in Australia are falling across all age groups, most significantly for people in their 50’s. Middle income earners are experiencing the sharpest decline in ownership rates. Housing affordability issues have changed the makeup of the housing market over the last decade. Not

The Australia Institute Policy Brief outlines: A tax on financial transactions, known as a “Tobin” tax, could protect superannuation, investors, and improve the operation of Australia’s capital markets and provide a source of tax revenue of over $1 billion per year. Tobin taxes or some form of financial transaction tax are in effect in over

The new report from The Australia Institute, Population Growth in Australia, reveals: ·         Population growth rate has increased above historic trends, largely due to immigration. ·         The ABS predicts population will be around 40 million in 2061 and up to 70 million by 2101. ·         Almost all of these people will live in major cities.

Submission to Senate Inquiries on the Higher Education and Research Reform Bill 2014 The debate about how high fees could go under deregulation has largely missed a more important question. When students pay more, what will they be paying for? If the HELP system is a way to pay for a service, shouldn’t higher HELP

New research, released on the eve of International Women’s Day, finds that nine in ten Australian women have experienced street harassment and modify their behaviour in response. Actions women are taking for their personal safety include everything from crossing the street to avoid strangers, to pretending to have a conversation on their phone, to grasping

Mining plays a small role in the economy of the Southern Highlands. The major employing industries are service industries, manufacturing and construction. While tourism is not separately counted in most statistical publications, the strong employment numbers in retail, accommodation, food and transport industry categories suggest it plays a strong role. Agriculture is a relatively small

The Deloitte Access Economics (DAE) assessment of the economic impacts of the Mt Owen continued operations project has significant flaws which overstate the value of the project and mislead decision makers. The assessment does not make clear the costs and the benefits of the project to NSW, contrary to Director Generals Requirements. Instead, it compares

The Australia Institute made a submission to the Senate Economics Committee inquiry into Corporations Legislation Amendment (Deregulatory and Other Measures) Bill 2014. Our key concern is that the repeal of the rule permitting 100 members to call an extraordinary general meeting . Repealing this rule would be an obstacle to civil society, which increasingly plays

This inquiry has been established to examine the so called “Asset Recycling Program”. In 2013 state, territory and federal treasurers agreed to the program, under which the states would receive incentives from the federal government to privatise assets in order to promote the building of new infrastructure projects. The asset recycling program will cost the

The Senate referred an inquiry into corporate tax avoidance to the Senate Economic References Committee. The Australia Institute submitted a submission to the inquiry focusing, in particular, on non-arms length licensing royalties between related parties. This submission does not address the whole field of tax avoidance. 

A new report identifies huge potential investment in solar power, not just wind, is dependent on a stable, strong large-scale Renewable Energy Target (LRET). The Large Scale Solar and the RET report also suggests that a 40% target would provide an earlier tipping point to trigger major solar investment.

The Australia Institute made a submission to South Australia’s Natural Resources Committee Inquiry into unconventional gas. Our submission focuses on the potential net economic outcomes to the region and the rest of the state. The net economic effects of gas development in South Australia are likely to be small: There would be minimal impact on

The Australia Institute made a submission to the Select Committee inquiry into Certain Aspects of Queensland Government Administration related to Commonwealth Government Affairs. Our submission focused on the use of economics in major project assessment processes. Approval processes for major projects in Queensland have seen the misuse of various tools of economic assessment. In particular

In December 2014, the Queensland Government sought submissions on the Preliminary Documentation around two related proposals to expand the coal port at Abbot Point. The Australia Institute made a submission on the Preliminary Documentation. Our submission showed that the Preliminary Documentation is inadequate as it contains no cost benefit analysis and no economic assessment of

The draft NSW Minerals Industry Action Plan presents recommendations that maximise the interests of the minerals industry. While this is not surprising, the aims of the NSW government should be to maximise the welfare of the community rather than any particular industry. In some areas, the interests of the industry and the government are aligned,

UPDATE: The Australian Energy Market Operator (AEMO) on 13 April 2015 released a report confirming the slump in gas demand. At the time of the initial release of The Dash from Gas report, the industry and many politicians continued to warn of a potential ‘gas shortage’. A new report commissioned by The Australia Institute shows gas

In recent media statements senior Queensland Government members have claimed that development of coal mines in Queensland’s Galilee Basin will create 27,000 jobs.  No source for this figure is provided in the media statements and no such estimate features in the Government’s Galilee Basin Strategy.   No source is provided for this estimate. It is

The Newman Government has subsidised controversial coal mining port expansion to the tune of $2 billion, Australia Institute Research has revealed. The Abbot Point project has not undergone a cost benefit analysis. This despite Queensland Treasurer, Tim Nichols, calling for cost benefit analysis on all major government projects. Mining projects which were set to feed

The Coalition Government’s proposed amendments to the GST have been attacked for disproportionately impacting low-income households. But the GST doesn’t have to be so regressive. By extending the tax to include private health insurance and private education, the government can boost revenue, broaden the tax base, and do so in a way that does not

There were 30,775 prisoners in Australia at the end of June 2013 – an increase of five per cent on the 2012 census conducted by the Australian Bureau of Statistics (ABS). Almost six out of ten (58 per cent) prisoners had previously served a sentence as an adult. The cost of housing a prisoner in

Australia has some of the best conditions in the world for producing solar energy, and new research suggests it is also the nation’s preferred future energy option. This paper considers various advantages and disadvantages of harnessing energy from the sun.  It finds the health and environmental impacts of solar to be minimal in comparison to

Wind power is one of the least greenhouse gas intensive energy sources available and Australia has some of the best wind resources in the world. With the potential to produce up to 40 per cent of Australia’s energy need, wind power presents a great opportunity for reducing our national greenhouse gas emissions and heavy reliance

Successive governments have made large changes in taxation and spending measures that have disproportionately affected women. Men have benefitted most from tax cuts while the cuts to services have primarily impacted on women – a double disadvantage. Before the Global Financial Crisis, income tax cuts were a key feature of fiscal policy for successive Federal

The Victorian Liberals’ announcement of $3.9 billion for new trams and trains over the next 10 years appears unlikely to meet growing demand, according to analysis of the announcement from the Australia Institute.