Research
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Economics
- Banking & Finance
- Employment & Unemployment
- Future of Work
- Gender at Work
- Gig Economy
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August 2017
Not an independent fund? Submission to Inquiry into the governance and operation of the Northern Australia Infrastructure Facility (NAIF)
The Australia Institute made a submission to the Senate Economic Committee’s Inquiry into the governance and operation of the Northern Australia Infrastructure Facility (NAIF). Over the past year The Australia Institute has investigated the governance and operations of the NAIF. NAIF is entrusted with $5 billion of public funds and has an important role in
Environment and Infrastructure Legislation Amendment (Stop Adani) Bill 2017
The Australia Institute made a submission to the Senate Environment and Communications Legislation Committee regarding the inquiry into the Environment and Infrastructure Legislation Amendment (Stop Adani) Bill 2017 (the Bill). Our submission notes the merits of the Bill’s proposed amendments, in relation to the Adani coal mine but also more broadly, as the new tests would apply
Submission on Regional Investment Corporation Bill 2017
The Australia Institute made a submission to the Rural and Regional Affairs and Transport Legislation Committee regarding the Regional Investment Corporation Bill 2017. The Australia Institute acknowledges the merit of government financing, including on a concessional basis, to address areas of public good, promote sustainable economic development, to address market gaps, and to help with managing risk. However,
The case for a federal corruption watchdog: ICAC needed to fill the gaps in our integrity system
No federal agency has the investigative powers or jurisdiction to expose corrupt conduct in the federal government and public sector. A federal anti-corruption commission would fill the gaps in our integrity system and increase public trust in government. No federal agency has the investigative powers or jurisdiction to expose corrupt conduct in the federal government
In the dark on Adani deal
The Palaszczuk government’s special royalty deal with Adani remains secret after Treasury blocked a Right to Information request. 2000 pages relating to the ‘clear’ and ‘transparent’ royalty framework were almost entirely redacted. Public servants expressed concerns about analysing the deal after it has been offered. The Queensland Treasury has refused to release the royalty subsidy
July 2017
Dam the expense: The Ord River irrigation scheme and the development of northern Australia
Australian governments have been trying to develop northern Australia for a long time, with the latest policy papers and Northern Australian Infrastructure Facility just the most recent in a long tradition of generally unsuccessful attempts to entice more people to the continent’s north with the promise of jobs and prosperity. The Ord River irrigation scheme
Electricity costs
The Australia Institute released a report Electricity Costs which finds that electricity prices have increased at three times the rate of CPI. The report finds that companies have been ‘gold-plating’ financial assets and passing those costs onto consumers. Between December 1996 and December 2016 Australian electricity prices increased by 183 per cent—almost three times the overall increase
Shining a light on corruption
This report examines the effectiveness of a national integrity commission without the ability to hold public hearings. 80 per cent of Australians support establishing a national integrity commission, and 78 per cent support establishing one with public hearings. Evidence from Australian state based anti-corruption commissions show that the ability to hold public hearings have been
Leading the Nation?
The Australia Institute released a report today that exposes the systemic failure of the ACT’s primary education system and offers recommendations on how to rejuvenate the sector. The Australia Institute report, released today compared the NAPLAN results of twenty-four high socio-economic primary schools in the ACT between 2008 and 2016 and found the government schools
Trusts and Tax Avoidance
A new report released today from The Australia Institute’s Senior Research Fellow, David Richardson shows that, according to ATO data, the equivalent of 21.6 per cent of Australia’s national income was run through a trust. The latest ATO figures show there are 823,448 trusts with assets of $3.1 trillion, and total business income of $349.2
Polling: Lyons on Fish Farming
The Australia Institute Tasmania commissioned a survey, conducted by ReachTEL, of 927 residents in the federal electorate of Lyons on the night of the 17th July 2017. Less than one in five (16.9%) voters saying the industry has a positive effect on other fishing industries, while around one third (33.5%) say it has a negative effect
Royalty flush II
Gambling on the future
The Tasmanian Joint Select Committee on Future Gaming Markets is currently considering the future of poker machines in Tasmania, including a possible reduction in the number of machines and whether to retain the monopoly position of Federal Group (set to expire in 2023). The Committee has received 148 submissions and held six days of public hearings. This paper looks
Report: Saving mega bucks with negawatts
Australian governments are proposing to fund and build billions of dollars’ worth of new electricity generation capacity as the solution to our energy security crisis Regardless of whether investments like Snowy 2.0 or ideas for ‘clean’ coal power stations go ahead, these supply-side solutions will require many years to build and will have no impact on security of
Gas exports and the latest electricity price hikes: The Audit – Electricity Update
The Australia Institute has released the Electricity Update of the National Energy Emissions Audit (The Audit*) for July 2017. The report, by renowned energy analyst Dr Hugh Saddler, reveals a stunning correlation between domestic electricity prices and gas prices, despite gas making up only 10 percent of electricity generation. Australian gas prices have risen significantly,
Palm trees and palm-offs: Australia’s climate action and distraction in the Pacific
As Fiji prepares to chair climate talks in late 2017, Pacific leaders are gathering in Suva to consider what policies to push for. One should be a moratorium on new coal mines. Australian government ministers are actively promoting subsidies to the world’s largest new coal mine, Adani’s Carmichael project. When Pacific leaders have called for
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