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.

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

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

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.

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 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

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

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.

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.

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 Victorian Government has decided to allow onshore gas mining based on an internal report that claims minimal climate impacts. However the report ignores up to 88% of greenhouse emissions from new onshore gas mining, appearing to ignore emissions from burning the gas.

Welcome to the March 2020 issue of the NEEA Report, with data updated to the end of February 2019. Data presented covers electricity demand, electricity supply, and electricity generation emissions in the National Electricity Market (NEM), plus electricity demand in the South West Interconnected System (SWIS). The main trends in the mix of generation and

With many regular workplaces shut down to ‘flatten the curve’ of COVID-19, millions of Australians are now shifting their work to home. Home work has great potential to cushion the economic blow of the pandemic: allowing many to keep working and earning an income, and many firms and industries to continue at least partial production. But there are also many challenges and risks associated with this major shift in work patterns. Much of the increase in home work will likely become permanent, even after the immediate health emergency passes. That makes it crucial to ‘get home work right’: providing home workers with appropriate support and protections, and preventing abuse and exploitation as home work becomes more common.

In the last week of March 2020, both the Tasmanian State Parliament and New Zealand’s Parliament voted to suspend sittings. New Zealand adjourned for about five weeks (till the 28th of April) and the Tasmanian parliament for about five months, until August. Before the Tasmanian Parliament adjourned, it granted extraordinary powers to the government through

The Commonwealth government’s proposed JobKeeper wage subsidy scheme represents an important and promising response to the COVID-19 shutdown of several key sectors of Australia’s economy. The scheme would support an estimated $130 billion worth of wage payments over the coming 6 months, keeping millions of Australians in jobs even if their employers experience major revenue losses from the restrictions that have been imposed on activity, mobility, and work during the pandemic.

On Sunday 22 March the Prime Minister, Scott Morrison, and Treasurer, Josh Frydenberg, announced a package of measures as part of their Economic Response to the Coronavirus (ERC). That response included a new Coronavirus Supplement to the Jobseeker Payment (formerly Newstart) to be paid at $550 per fortnight. This is a significant and unprecedented increase in

Australia’s fossil fuel exports are more than double direct domestic emissions in CO2 potential. Such ‘scope 3’ emissions should be reported and included in government accounting. Mining lobby objections do not stack up and are contradicted by the actions of many of their own members companies. Emissions data release should be insulated from the Minister

The Centre for Future Work has made a submission to the 2020 annual wage review conducted by the Fair Work Commission. The submission compiles evidence showing that the annual minimum wage adjustments (which flow through into wages specified in the Modern Awards, as well as some enterprise agreements and individual contracts) have played a more important role in recent years in supporting the overall level of wage growth in Australia’s labour market. Without relatively strong minimum wage increases since 2017 (of 3% or higher for three consecutive years), Australian wage growth would still be languishing at all-time record lows of under 2% per year.

In this context, the Centre argued it is vital the Commission proceed with a normal, healthy minimum wage increase for 1 July, 2020, with full flow-through into Award wages. Otherwise wage growth will slump significantly (to an estimated 0.7%, or even lower), heightening the risk of economy-wide deflation.