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May 2016
CEDEX: Electricity demand continues to rise in Australia – February 2016
The February 2016 Carbon Emissions Index (CEDEX®) Report by pitt&sherry and The Australia Institute (TAI) has found that national electricity demand continues to rise on average by 0.17% per month, and although emissions fell slightly in the year to 31 January 2016 as a result of decreased brown coal generation and increased hydro generation, electricity
Good economics or populism?
Corporate Malfeasance in Australia
A new report analysing findings from across several corporate regulatory bodies and related agencies finds widespread wrong-doing in the Australian private sector. Meanwhile the six major regulatory bodies and other agencies have seen 3,926 staff cut (or 14.9%) between the 2013-14 and 2015-16 budgets – meaning there are less cops on the corporate beat. The
April 2016
Oil in the Great Australian Bight
Multinational oil company BP is planning exploratory drilling for oil and gas in the Great Australian Bight. The Senate Standing Committee on Environment and Communications is conducting an inquiry into the proposal, including into social and economic impacts of potential oil and gas exploration and production. The economic benefits of oil and gas exploration are
Clean Energy Capital: Public support for ACT clean energy leadership
The ACT government has set leading policies for clean energy and fossil fuel divestment. Public polling reported here shows high levels of support, both within the ACT and around the country.
From Start to Finnish
This discussion paper outlines two different possible implementations of the Finnish model. The first alternative is a direct translation of the Finnish system and would result in a loss of revenue for the state. The second alternative is a modification of the first to estimate a revenue neutral alternative.
Jobs Growth in Queensland: Trends and Prospects
This paper outlines the recent employment trends and future prospects of Queensland’s industries and regions, and explores the state’s changing economic context.
House and Senate Polling
Between 29 February and 8 March 2016 The Australia Institute conducted a national opinion poll of 1412 people through Research Now, with nationally representative samples by gender, age and state or territory. The poll included questions about voting intention for both the House of Representatives and the Senate.
Submission to Wilpinjong Extension Project inquiry
The economic assessment of the Wilpinjong mine heavily overstates the value of the project. This is easily seen by comparing the estimate of the project’s net present value, AUD$735 million, with the total stockmarket value of the proponent, only $114 million. The key flaw in the economic assessment is unrealistic production costs. The assessment assumes
South Australians remain opposed to nuclear waste dump: Poll
A ReachTEL poll of 1077 South Australian’s shows opposition to a nuclear waste dump at 48.5% and support at 37.2%. (Full results below) Final submissions to South Australia’s Nuclear Fuel Cycle Royal Commission closed on Friday. “A nuclear waste dump remains unpopular, despite some recent high profile support and renewed focus with the Royal Commission,”
Polling: High support for fixed term federal elections
Polling conducted by ReachTEL in South Australia, Queensland and the electorate of New England found very high support for fixed terms for Australian political elections. Reported on by Michelle Grattan on The Conversation – here.
March 2016
Polling: Voters support a national ICAC
A national Research Now poll, commissioned by The Australia Institute, found only 11 per cent support for an anti-corruption body for the building industry, while 65 per cent supported a national ICAC. The poll also asked opinion on the political tactic of calling a double-dissolution election. Polling in attachment below. Reported in The Australian Financial Review – here.
Company tax cuts: Report shows lack of evidence of ‘Growth Dividend’
International and Australian data on tax rates and macroeconomic indicators provides no evidence of link between corporate tax cuts and a ‘growth dividend’. Despite widespread acceptance of the argument that cutting the corporate tax rate will boost economic growth, the economic evidence is not there according to a new report from David Richardson, Senior Research
Money doesn’t grow on trees
The Forestry Corporation of NSW (‘Forestry Corporation’ or ‘the Corporation’) is a state-owned corporation that manages more than two million hectares of commercial native and plantation forests in NSW for the primary purpose of timber production. Forestry Corporation has two operating segments; the Softwood Plantations Division, and the Hardwood Division (which is primarily engaged in
Digging for Answers
Digging for Answers is a response to the tentative findings of the South Australian Royal Commission into the Nuclear Fuel Cycle and in particular to proposed radioactive waste storage and disposal facilities in South Australia This report finds that the business case for a nuclear waste storage facility in South Australia is exaggerated. The project
Economic Modelling Code of Conduct
The Australia Institute has called for a code of conduct for economic modelling in the wake of flawed and ridiculous BIS Shrapnel economic modelling of negative gearing. A code would require key assumptions to be revealed, context and comparison to be provided, and the identification of who, if anyone, commissioned the work.
No Politics at Aunty’s Table
A new report from The Australia Institute will be launched today at the ABC Friends National Campaign forum – ‘What do Australians expect from their ABC?’ – Download full report below – The report ‘No Politics at Aunty’s Table’ analyses the governance of the ABC, how some aspects have become political battlefields and ways to
Gender Equality at Work
This report by Catalyst Australia looks at the representation of women in leadership at companies included in the ASX50. This index lists Australia’s largest publicly-owned companies that are considered leaders in their industry. This research assesses the ASX50 companies and gender equality in four areas: boards, management, policies and practices, and the gender pay gap.
February 2016
Sandstorm in a teacup: Ending sand mining and the North Stradbroke Island “economy”
North Stradbroke Island (NSI) has no “economy” of its own. Most of its residents don’t work at all, mostly by choice. Its houses are mostly owned and used by people who live and work on the mainland and come to the island for holidays and relaxation. On NSI, goods and services are sourced from the
New report examines risks and potential benefits of public broadcasting rationalisation
Public Broadcaster reforms could deliver an ad-free SBS and digital expansion for the ABC. As outgoing ABC chief Mark Scott raised the idea of an ABC-SBS merger, a new report by The Australia Institute explores the risks and benefits of reforms to public broadcasting. “Public support for the ABC and SBS is as strong as
Briefing Note: Are government plans to tackle bracket creep good for average people?
The government has spent a considerable amount of time talking about bracket creep with a particular focus on average incomes ‘creeping’ into the second top tax bracket. The government seems increasingly likely to focus any income tax cuts to prevent these average wage earners from being pushed into the second highest tax bracket. An example