September 2020

The government’s lack of transparency can’t go unchecked

by Ebony Bennett in The Canberra Times

The Coalition government is handing police and intelligence agencies more and more powers and subjecting them to less and less scrutiny. We should all be alert and alarmed. It’s more than two years since journalist Annika Smethurst broke the story the government was considering draconian new powers to allow the Australian Signals Directorate to spy

Phasing out gas would benefit Australian manufacturers and households

by Richard Denniss in The Guardian

by Richard Denniss[Originally published by the Guardian Australia, 03 September 2020] Rather than drill new fracking wells into prime farmland, the quickest, cleanest and most economically efficient way to boost the supply of gas in Australia is to stop wasting it. According to the Australian Industry (AI) Group’s budget submission, “Ramping up support for manufacturers to

August 2020

The spread of coronavirus in Australia is not the fault of individuals but a result of neoliberalism

by Richard Denniss in The Guardian

by Richard Denniss[Originally published by Guardin Australia, 20 August 2020] Neoliberalism is spreading coronavirus faster than any “reckless teenager” ever could. Privatised guards at quarantine hotels, private aged care centres that put profits ahead of staffing levels, and the fact that those in charge neglected to have their health professionals appropriately evaluate the risk of the Ruby

Australia is about to get ripped off by the gas industry, and it’s not the first time

by Ebony Bennett in The Canberra Times

by Ebony Bennett[Originally published by the Canberra Times, 22 August 2020] The same geniuses who hiked up domestic gas prices, raked in the profits and left Australia with bupkis to show for it are trying to convince us (once again) that Australia has a gas supply shortage requiring huge taxpayer subsidies. So, let me explain

The Australian government is putting economic storytelling ahead of evidence

by Richard Denniss in The Guardian

by Richard Denniss[Originally published by Guardian Australia, 05 August 2020] Australian economic debate relies more heavily on metaphors than it does on evidence, experience or expertise. While the prime minister, treasurer and self-appointed business leaders drone endlessly about what the economy “needs”, they simply refuse to provide any evidence that they know what they are

July 2020

ACT should lead way on truth in political advertising

by Ebony Bennett in The Canberra Times

by Ebony Bennett[Originally published in the Canberra Times, 25 July 2020] With the ACT election coming this October, Canberrans are already girding themselves for the love-bombing, fear-mongering and vigorous debate that comes along with every election campaign. The press conferences, policy announcements and debates are quite enough for any person to take in. Voters shouldn’t

The Australian government’s decision to cut benefits is based on feelings, not facts

by Richard Denniss in The Guardian

by Richard Denniss[Originally published by Guardian Australia, 22 July 2020] In Australia, policy is far more likely to be based on feelings than facts. While there is much talk about the importance of evidence-based policy, ironically, there is scant evidence that such an approach exists. Take the government’s decision to cut the incomes of around

When the government prosecutes whistleblowers, it is sending a message

by Ebony Bennett in The Canberra Times

[Originally published in the Canberra Times, 11 July 2020] We are in the midst of a public health and economic crisis, and the federal government is regularly making momentous and life-altering decisions, including exerting the authority of the state to limit (sometimes with good reason) basic civil liberties. Just when our need for integrity and

Though painful to admit, conservatives know Australia’s tough Covid-19 response is better than the US

by Richard Denniss in The Guardian

by Richard Denniss[Originally publishged on the Guardian Australia, 07 July 2020] Only 16 weeks ago, prime minister Scott Morrison told a bemused Australian public that he was off to the footy to see his beloved Sharks play, and only 15 weeks ago, the same prime minister berated those who went to Bondi Beach for “not

June 2020

Austerity Threatens Women’s Access to Paid Work

by Alison Pennington in The New Daily

Women have suffered the worst labour market impacts since the shutdowns. Gender-unequal impacts have been due to women’s greater exposure to customer-facing industries shut down first by public health orders, higher employment intensity in insecure and part-time positions, and an increased caring burden unmet by the state. But instead of providing countervailing support, the federal government is accelerating women’s work crisis.

My degree taught me to spot the flaws of the university funding overhaul

by Richard Denniss in The Guardian

by Richard Denniss[Orinigally publsihed by the Guardian Australia, 24 June 2020] If conservatives really believed that the most important thing a young person could do was become “job-ready” then why are they so keen for Australia’s best and brightest students to study the works of Shakespeare and Thomas Aquinas, as part of a degree in

Leverage lazy public balance sheet

by Richard Denniss[Originally published in the Australian Financial Review, 26 June 2020] The Australian Government is, by any measure, significantly under leveraged. The Commonwealth Government’s lazy balance sheet and its underspending on productivity boosting services like preventative health, childcare and environmental protection will harm Australia’s prosperity for decades to come. BHP has been in debt

The COVID-19 and Rio Tinto lesson: regulation is not ‘red tape’, it’s protection

by Ben Oquist in The Canberra Times

by Ben Oquist[Originally published in the Canberra Times, 13 June 2020] While it has been widely observed that all sides of politics become Keynesians in a pandemic, if COVID-19 has taught us anything else it is that strong government regulations are not “red tape” or “green tape”, they are protection. Everyone is a legislator in

The Coalition dishes out jobs for the boys while women carry coronavirus’ economic burden

by Richard Denniss in The Guardian

by Richard Denniss[Originally Published on Guardian Australia, 10 June 2020] Not only have women been hardest hit by the response to Covid-19, they have got the least out of government assistance and stimulus packages. Monday’s announcement that the temporary provision of free childcare is about to end was just the latest in a long line

Unleashing a National Reconstruction Plan Fit for Our Era

by Alison Pennington in Newcastle Herald

Our nation is confronting the most significant economic challenge in nearly a century. Australia’s own experience of long-term, sustained public investment during post-war reconstruction shows direct tools of government planning and investment will be essential to our recovery today. Yet Scott Morrison continues to pretend his hands are tied: “if there’s no business, there’s no jobs, there’s no income, there’s nothing.”

Unis must save staff not cash reserves

by Richard Denniss in The Saturday Paper

It’s easy to avoid a hard question by simply saying the government “should” provide more money to the universities. But there’s a long list of things the Morrison government should do: extend the JobKeeper payment to casuals and temporary residents; permanently boost unemployment benefits; provide support to the arts and entertainment industry; introduce a carbon

May 2020

Australia Needs Universal Paid Sick Leave To Get Through the Pandemic

by Alison Pennington

Chief Medical Officer Brendan Murphy recently issued a directive that going to work with the ‘sniffles’ is ‘off the agenda for every Australian in the foreseeable future.’ But with millions of workers without access to paid sick leave, government plans to lift restrictions on economic activity could risk dangerous and costly outbreaks. 

Australia’s unemployment figures mask a deeper reality

by Ebony Bennett in The Canberra Times

by Ebony Bennett[Originally published by the Canberra Times, 16 May 2020] This week, the federal government announced Australia’s biggest monthly rise in unemployment since the Australian Bureau of Statistics started publishing labour force statistics, shooting up to 6.2 per cent from 5.2 per cent just a month earlier. But, in a classic case of expectations

Australian business can’t lead us out of this recession – the government must step up

by Richard Denniss in The Guardian

by Richard Denniss[Originally published on Guardian Australia, 13 May 2020] The government is telling us that if we don’t open up the Australian economy soon, we will do lasting harm to it. But the forecasters at Treasury and the Reserve Bank are relying on economic models that assume the deeper the recession we have, the faster our

Future Fund has a super solution

by Richard Denniss in The Guardian

Bank bashing is always popular in Australia and it’s by no means confined to one side of politics. It was the former prime minister Malcolm Turnbull who introduced the big bank levy and gave us the royal commission into misconduct in the financial services industry. And, just last week, Scott Morrison and Josh Frydenberg reportedly “slammed” the big banks for being slow to process loan applications from small businesses waiting to receive their share of the promised $130bn jobkeeper wage subsidy payment.

Here’s how we can avoid the ‘bathtub scenario’

by Ebony Bennett in The Canberra Times

by Ebony Bennett[Originally published in The Canberra Times, 03 April 2020] It’s not every day I get up at 6am to talk about inequality with a Nobel Prize winner, but hosting the Australia Institute’s Economics of a Pandemic webinar series afforded me that opportunity this week. Before dawn on Thursday, Professor Joseph Stiglitz of Columbia University, joined

April 2020

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