December 2024
There’s nothing naughty about being poor. Why Christmas is a horrible time for kids living in poverty
The busiest shopping weekend of the year is upon us, where shopping malls become a desperate frenzy of overindulgence and waste. But spare a thought for those who can’t afford even the trimmest of trimmings this Christmas.
Mapping how extreme heat exacerbates inequality
Extreme heat is the number one cause of weather-related illness and death in all parts of Australia, except Tasmania. Older, poorer, and sicker people are more vulnerable to the effects of extreme heat. Our new report identifies the locations around Australia in which the greatest number of vulnerable people will be affected by extreme heat. Targeting these areas for support will ensure the greatest number of vulnerable people are helped during periods of extreme heat.
Secret research undermines democracy
This month, the Australian economic debate was hijacked by a report from the world’s most powerful consulting firm: McKinsey & Co. The consulting firm apparently found that declining living standards represent a “national emergency” – and the care economy, regulations and Australia’s corporate tax rate are to blame for low productivity growth. The only problem?
In worrying about productivity growth, the RBA has strayed beyond its remit
It’s official: the Reserve Bank of Australia will have its board split in two, and two new appointees will join the reconfigured monetary policy board, whose job it is to make decisions on interest rates. The move was recommended by an independent review panel in 2023. The new members of the monetary policy board, one
Coal royalties are a tiny part of the NSW Budget
The people of Australia collectively own all the resources under the ground. This means that the coal in NSW is the property of the Australian people too. Because of this, mining companies have to pay the NSW Government a “royalty” if they want to dig up and sell coal. Royalties are not taxes. They are
Gardening for a healthier life and a healthier planet
Australians are hungry to grow their own food and the reasons are simple: growing your own food is healthier and better for the planet. Whether it’s herb pots on a windowsill or a rambling backyard veggie patch, Australians say that growing some of their own food makes them feel better, eat better and tread lighter on the planet.
Australia’s traffic fine system is unfair – is it time to implement proportional fines?
How is Australia’s system unfair? If you get caught speeding in Australia, you will be fined with a flat-rate traffic fine. Exceeding the speed limit by 12km/h in New South Wales earns you a $361 fine, whether you are on government benefits or a billionaire. This is not a fair system. What about the principle:
Another hold likely. So, what was the point of the RBA review?
Will the RBA cut interest rates tomorrow? Probably not. It’s Groundhog Day and they’re locked into repeatedly making to same mistake over and over again. A mistake that the recent RBA review criticised them for making just before the pandemic.
Salmon spin and pollution all a bit fishy
Salmon companies are ripping off Tasmania and trying to pass it off as yet another ‘jobs vs environment’ fight. This is the kind of fight that Tasmanian politicians love to have, and like performing seals, the Tasmanian government and opposition have lined up to bark and do their tricks. But the fight over salmon farming
November 2024
Two new housing policies, both doomed to fail
The government’s latest housing affordability policies, “help to buy” and “build to rent” are the latest in a long line of policies from both major parties that will do nothing to ease the housing crisis.
Pacific Labourers overtaxed and exploited in Australia
The Pacific-Australia Labour Mobility (PALM) scheme is often presented as being beneficial to all parties—Australia, Pacific workers, and those workers’ home countries. In reality, the benefits are weighted in favour of Australia.
How to fix Australia’s broken childcare system so everybody wins
The potential social and economic benefits of early childhood education and care are huge.
Private health insurance is a dud. That’s why a majority of Australians don’t have it
Right now, final submissions are being made by private health insurers to the government for an increase in insurance premiums next year.
Corporate profits increase inflation | Fact Sheet
The prices of many goods and services have increased dramatically across Australia since 2021. This has resulted in hardship for many households—along with $100 billion in increased profits for major companies. These corporate profits have been a key factor driving inflation.
October 2024
Super-powered nukes: Is your superannuation funding weapons of mass destruction?
When you choose your superannuation fund, you’re probably not thinking about weapons of mass destruction. But it might surprise you to learn that if you’re with one of Australia’s largest funds, your money is going into the production of nuclear weapons. Research published last month by Quit Nukes and The Australia Institute found that 13
Australian super funds investing in nuclear weapons companies
How would you feel if your super was invested in nuclear weapons companies? Well, in Australia, there’s a high chance it is.
Inaction “not an option” after damning report into the state of Tasmania’s environment
On Saturday 19 October, 20 organisations, including the Australia Institute, published an open letter calling on the Rockcliff Government to acknowledge the damning findings from Tasmania’s 2024 State of the Environment Report and commit to reversing the state’s environmental declines.
Government is ‘nature positive’ in the same way asbestos is lung positive
It’s like an episode of Utopia or Yes Minister – just a week out from the government’s Global Nature Positive Summit, Environment Minister Tanya Plibersek approved three whopping coal mine extensions in NSW.
September 2024
The report the Prime Minister cites against changes to negative gearing actually shows housing would be more affordable and rents barely affected.
Rather than show negative gearing changes are bad, a Deloitte report cited by the Prime Minister concludes they would improve housing affordability and home ownership.
Australia is a low-tax country | Fact sheet
Australia is one of the lowest-taxing countries in the developed world. While it is sometimes suggested that Australian governments spend too much, the reality is that Australia raises very little tax revenue compared to similar countries. Insofar as Australian governments have a problem balancing revenue and spending, that problem lies in the level of revenue
The mining industry is the biggest whinger in the country
The mining industry is now surely the biggest whinger in the Australian economy. This week it launched an all-out assault on the federal government at Minerals Week in Canberra, with chief executive of the mining industry’s chief lobby group the Minerals Council, Tania Constable, warning the government: “Undermine it at your peril.” Relative to its
The logging industry should be bound by Australia’s environment protection laws just like everyone else
This week, a private member’s bill to end native forest logging was up for debate. It sought to repeal legislation that exempts logging in much of Australia’s public forest estate from our national environment laws.
Chalmers is right, the RBA has smashed the economy
In recent weeks the Treasurer Jim Chalmers has been criticised by the opposition and some conservative economists for pointing out that the 13 interest rate increases have slowed Australia’s economy. But the data shows he is right.
August 2024
The 9 to 5 is back! Time to put the phone on silent
If you’ve ever flicked off an email before bed, texted your boss out of hours, or received an ‘urgent’ work call after clocking off, you’ll be glad to hear some respite is just around the corner. A new right to disconnect from work, for employees in businesses with 15 or more staff, comes into force
Closing Loopholes Protections, Including Right to Disconnect, Come Into Effect 26 August
New labour rights coming into effect on 26 August, including the ‘Right to Disconnect’.
Taxes on tampons, tax breaks for luxury utes: gender in the budget
Last week, the federal government announced plans to define menstrual products as “lifestyle-related” and exclude them from NDIS funding.
Who is holding the purse strings?
Next month, the Albanese government is due to announce its proposed changes to Australian electoral laws. It has been a long road. The minister responsible, Senator Don Farrell, had planned to introduce the laws by the end of last year.
Greedflation: what’s really causing inflation | Joseph Stiglitz on Q+A
Is government spending inflationary?
Fossil fuels are gobbling up construction capacity and it’s hurting at home
In the wake of the Reserve Bank’s latest forecasts, Treasurer Jim Chalmers is facing calls that government should cut back on infrastructure investment to relieve inflation pressures and free up workers and resources to build much-needed housing.
July 2024
Would you like a recession with that? New Zealand shows the danger of high interest rates
New Zealand’s central bank raised interest rates more than Australia and went into a recession – twice.
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