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| Jun 20, 2024 | All work, no pay: Australia’s underpaid migrant workers need urgent reforms | Source: Adobe Stock. article-article-body
The widespread underpayment of migrant workers in Australia is now well-documented. The vast majority never recover the wages they are owed.
In 2009, the federal “small claims” court process was est... |
| Jun 7, 2024 | Neural Notes: AI-powered Violet eases ‘sadmin’ burdens for end-of-life care | Violet CEO and founder Melissa Reader. Source: SmartCompany via Canva. article-article-body
Welcome back to Neural Notes: a weekly column where I look at some of the most interesting AI news of the week. In this edition: The co-founder and ... |
| Jun 3, 2024 | The $84 billion question: How the skilled migration test should be reformed | Source: Adobe Stock article-article-body
As the government consults on potential reforms to points-tested visas for skilled migrants, the stakes couldn’t be higher.
Skilled migrants contribute enormously to Australia’s prosperity – shaping ... |
| Feb 20, 2024 | Labor’s Stage 3 tax cuts aren’t enough. We need genuine tax reform | Treasurer Jim Chalmers. Source: AAP Image/Lukas Coch article-article-body
Another year, another round of tax cuts. Australian governments have made an art of announcing new income tax cuts as elections draw near. But while such cuts are alw... |
| Jan 30, 2024 | Australia’s migration system is barring the tradies our housing market desperately needs | New housing construction is seen at Schofields, north west of Sydney, Thursday, November 10, 2022. Source: AAP Image/ Bianca De Marchi article-article-body
Australia has an acute shortage of housing. Renters across the country face steep re... |
| Nov 23, 2023 | New Report: Program Achieves 12 Days a Year Back for Teacher Wellbeing | SYDNEY, Nov. 23, 2023 /PRNewswire/ -- A Federal Government funded program has been found to significantly improve teacher wellbeing and save teachers nearly 100 hours a year.
It's a well established fact that Australian teachers are struggl... |
| Oct 23, 2023 | Big wheels keep on turning as SUVs, utes become the choice of Aussie motorists | Source: Pexels/Andrea Piacquadio. article-article-body
If we’re upset about the price of petrol, why do we drive the vehicles we do?
SUVs (so-called sport utility vehicles) use more fuel per kilometre than standard cars — according to the I... |
| Jun 20, 2022 | Why moving from career feminism to care feminism will help reshape Australia’s economy | DETAIL FROM THE COVER FROM LEANING OUT BY KRISTINE ZIWICA (IMAGE: HARDIE GRANT)
This article is an extract from Leaning Out by Kristine Ziwica which will be released in September as part of The Crikey Read series.
On November 11, 2021, Sam ... |
| May 17, 2022 | Migrant workers are coming back to Australia, but the system needs fixing to curb rampant exploitation | If the COVID-19 years have taught us anything about migration, it is that Australia depends on it. About 7% of our workforce holds a temporary visa. When many international students, backpackers and other temporary visa holders suddenly lef... |
| Apr 4, 2022 | The increase to Australia’s permanent skilled intake is a big deal. Here’s why | Migration didn’t rate a mention in Treasurer Josh Frydenberg’s budget speech. But the increase in Australia’s permanent skilled intake that Home Affairs Minister Alex Hawke announced on budget night is a big deal, and one that will leave Au... |
| Mar 16, 2022 | Australia’s temporary work visa program needs a revamp, and it could benefit Aussie businesses | Australia’s temporary skilled migration program is hard for businesses to use while still not protecting migrants from exploitation.
There is a better way, concludes a new report from the Grattan Institute on fixing temporary skilled migrat... |
| Mar 8, 2022 | It’s time to pay super on paid parental leave and close the gap for women’s retirement savings | The Australian Institute of Superannuation Trustees (AIST) has called for the Federal Government to use International Women’s Day as an opportunity to close the gap on women’s retirement funds by extending superannuation to paid parental le... |
| Mar 8, 2022 | Super Fierce launches wealthtech platform to address $30T global gender wealth gap; in time for IWD | SYDNEY, March 8, 2022 /PRNewswire/ -- Wealthtech social enterprise Super Fierce has launched a scalable advice platform in time for International Women's Day to address the $30 trillion global gender wealth gap, after closing a $1.5 million... |
| Feb 11, 2022 | Arena REIT : HY2022 Results and upgrade to FY2022 distribution guidance | For personal use only
11 FEBRUARY 2022
HY2022 RESULTS & UPGRADE TO FY2022 DISTRIBUTION GUIDANCE
FINANCIAL HIGHLIGHTS
Net operating profit (distributable income) of $27.5 million, up 11% on the prior corresponding period (pcp)
Statutory ... |
| Nov 25, 2021 | Arena REIT : 2021 AGM Chair's address and Managing Director's report | For personal use only
25 NOVEMBER 2021
2021 AGM CHAIR'S ADDRESS AND MANAGING DIRECTOR'S REPORT
Chair's Address
Highlights for 2021 Financial Year
In a period affected by the direct and indirect challenges of COVID-19, Arena has produced str... |
| Nov 17, 2021 | The easy, tax-free way Australia can cut the cost of electric vehicles | Source: Unsplash/Michael Fousert
Prime Minister Scott Morrison says he wants to keep prices down.
Without his party in power, “you’re going to see petrol prices go up, you’re going to see electricity prices go up”.
There’s something practic... |
| Oct 27, 2021 | Five key technologies the government is relying on to reduce emissions: Will they work? | Minister for Energy Angus Taylor during Question Time. Source: AAP/Mick Tsikas.
“Technology not taxes,” the Morrison government screams. Its plan to reduce emissions, even before making yesterday’s commitment to net-zero by 2050, is to inve... |
| Oct 22, 2021 | A “looming war” for low-skilled workers: Why Australia needs to rethink its migration system | Source: Shutterstock/branislavpudar.
Australia has been built on immigration. In recent years it has been skilled migration, and that will continue to be important to us, especially as we recover from the COVID-19 economic malaise.
Skilled ... |
| Sep 24, 2021 | The pandemic hit Australian women hard. Now one social enterprise is helping them start businesses built for the future. | Senior woman is sitting in a restaurant and working on a laptop
Women have been hit harder economically by the pandemic, new research shows, with women’s jobs impacted more than men’s during COVID lockdowns.
Mandy Richards, founder and chie... |
| Sep 21, 2021 | SSAB Helps Australian Businesses Achieve Sustainability Goals with World's First Fossil-Free | MELBOURNE, Australia, Sept. 21, 2021 /PRNewswire/ -- Leading global steel manufacturer and supplier, SSAB, announces its latest fossil-free steel variants produced using Hydrogen Breakthrough Ironmaking Technology ("HYBRIT Technology&q... |
| Sep 8, 2021 | Australia is trailing the developed world on parental leave. Linktree wants to change that with gender-neutral policies. | Linktree says its new gender-neutral parental leave policy is part of a push to promote gender equity through workplace policies.
It follows a report from the Grattan Institute that found Australia currently has one of the least generous pa... |
| Aug 4, 2021 | Paying fully vaccinated Aussies $300? Here’s why Anthony Albanese’s idea is value for money | COVID-19 vaccine. Source: Unsplash/Brano.
I reckon Albo’s on the right track. The opposition leader wants to pay $300 to every Australian who is fully vaccinated by December 1.
The Grattan Institute is on a similar theme. It has proposed a ... |
| Jul 30, 2021 | Australia needs to be 80% vaccinated to open up, a new report suggests, with the nation currently ranked 37 of 38 OECD economies | A new report suggests reaching an 80% vaccination rate is the best possible route for Australia to reopen.
The Grattan Institute’s ‘Race to 80’ report presents independent modelling on a path to reopening as the government weighs in on its ... |
| Jul 16, 2021 | Australia needs to introduce mandatory vaccinations in order to reopen, an expert argues | Photo: Joe Raedle/Getty Images.
The current state of Australia’s vaccine rollout means the government and private sector should re-examine how mandatory vaccination factors into the country’s pandemic response, an expert argues.
Stephen Duc... |
| May 31, 2021 | Our skill shortages shouldn’t be a basis for picking permanent migrants. Here’s why | Australia should not target skills shortages when it selects workers for permanent residency.
That’s the firm conclusion from our new Grattan Institute report released this morning entitled Rethinking permanent skilled migration after the p... |
| May 21, 2021 | Vaccines to Vaccinations: Towards collaboration in vaccine administration | Co-Author: Dr. Brad Crammond, Lead - Research & Insight, RMIT-Cisco Health Transformation Lab
At the beginning of 2020, as the world was only just learning of the existence of COVID-19, there existed no vaccine for anything that looked ... |
| May 20, 2021 | ‘We need to do better’: Business leaders and economists say the $3.4 billion ‘women’s budget’ wasn’t nearly enough | The 2021-2022 Federal Budget will do little to assist financially vulnerable older women, according to Aware Super CEO Deanne Stewart.
Speaking at Thursday’s Ms(ed) Opportunity panel, Stewart said the $3.4 billion Women’s Budget Statement d... |
| May 17, 2021 | Australia wastes more taxpayer money on infrastructure blowouts than almost all comparable nations, a new report reveals | Photo: iStock/Drazen_
Federal and state mismanagement of infrastructure projects costs Australians more than the citizens of any other wealthy nation, according to a new report out of the Grattan Institute.
Taxpayers end up paying too much ... |
| Apr 14, 2021 | The solution to Australia’s housing affordability isn’t early access to superannuation. Here’s why | The idea that young Australians should be able to dip into their super to help buy their first home keeps going round and round. The most recent iteration put forward by the Coalition’s Tim Wilson and a clutch of other backbenchers has the ... |
| Jan 29, 2021 | Childcare costs in Sydney and Brisbane reach record highs | In news that’s unlikely to surprise many parents in Australia familiar with paying for early childhood education and care, out-of-pocket fees for childcare have, once again, risen sharply.
The national consumer prince index (CPI) figures re... |
| Nov 24, 2020 | Axing stamp duty could be an instrumental reform, but NSW is taking the wrong approach | Source: AAP/Lukas Coch.
In tax, as in many endeavours, it’s easy to work out how things should be, and harder to work out how to get there.
In NSW, Treasurer Dominic Perrottet wants to replace the one-off stamp duty on real estate transacti... |
| Nov 11, 2020 | Infrastructure megaprojects “are too slow to be effective stimulus” and should be a last resort: Grattan Institute | Source: Adobe.
Governments should avoid turning to major infrastructure projects to stimulate the post-pandemic economy and should instead focus on upgrading and improving existing infrastructure, according to a new paper from the Grattan I... |
| Nov 10, 2020 | JobMaker is nowhere near bold enough: The government should make these four fundamental changes | Source: Shutterstock/Alessandro Biascioli.
The government has targeted its JobMaker hiring credit too narrowly.
The scheme to go before the Senate this week will give employers who take on someone aged 16 to 29 years, who has also been on J... |
| Oct 29, 2020 | STEM cadetships for women: Why $25 million is a small investment compared to the scale of the challenges to be overcome | Source: Gorodenkoff/Shutterstock.
An overarching criticism of the recent federal budget is that it overlooked the workers hit hardest by the COVID-19 pandemic — namely, women. However, the budget includes one promising, albeit small, initia... |
| Oct 23, 2020 | The budget might promise “jobs, jobs, jobs”, but it overlooks workers in the gig economy | Source: Unsplash/ Kai Pilger.
Treasurer Josh Frydenberg promised a federal budget focused on “jobs, jobs, jobs”.
In one sense he didn’t disappoint. His budget speech mentioned jobs 37 times — an average of about once a minute.
“This budget ... |
| Sep 26, 2020 | Melbourne inches towards end of lockdown: what you need to know about the new roadmap | Victorian Premier Daniel Andrews has announced an end to the curfew and a COVID-safe return to work for 127,000 Melburnians, as restrictions ease. He has also flagged a provisional early lifting of many other aspects of the lockdown on Octo... |
| Sep 7, 2020 | What a Car Accident Taught Me About Australia's Secret Business of Debt | A car accident in 2018 sent journalist and formerly uninsured motorist Royce Kurmelovs headfirst into a painful and personal journey into Australia’s relationship with debt. In this extract from his new book Just Money, Kurmelovs reflects o... |
| Sep 6, 2020 | Victoria has a roadmap out of COVID-19 restrictions – NSW should too | The COVID-19 roadmap for Victoria announced by Premier Daniel Andrews sets the state on the right path. Something like it should be emulated by New South Wales, which has not yet achieved zero new cases.
Victoria’s roadmap towards what Andr... |
| Sep 6, 2020 | Slow and steady exit from lockdown as Daniel Andrews plans COVID-normal Christmas | The Victorian government today announced the eagerly anticipated roadmap out of COVID-19 lockdown. It features several steps that reflect a much slower relaxing of restrictions than last time around.
While the government has provided a prov... |
| Aug 11, 2020 | Want to fast-track the economic recovery? Then you need working women and affordable childcare | New research by the Grattan Institue makes it clear that if Australia wants a speedy economic recovery post-COVID-19, the key is affordable childcare and working women.
The new report Cheaper childcare: a practical plan to boost female work... |
| Jun 29, 2020 | JobKeeper: Treasury considers monthly eligibility tests, as Grattan Institute pushes for an overhaul | Prime Minister Scott Morrison. PHOTO: AAP/Mick Tsikas.
The chorus of business advocates, unions, politicians and economists calling for the Morrison government to expand the JobKeeper program has grown over the weekend, with a new Grattan I... |
| Jun 25, 2020 | Retail in need of therapy: Why shopping centres might never recover from the COVID-driven fever of online purchasing | If you expect there to be a retail “snap-back” at shopping centres, food courts, cinemas and other places where people used to gather to spend money, you’re headed for disappointment.
There are three key reasons why, in the wake of COVID-19... |
| May 15, 2020 | Steel, Hydrogen And Renewables: Strange Bedfellows? Maybe Not… | nullGetty |
| Apr 17, 2020 | Despite what you might have heard, eradicating COVID-19 is Australia’s best economic strategy | Less than a month after restrictions first took effect, Australia appears to have contained the spread of COVID-19 more successfully than we could have possibly imagined.
But we’ve done so at an unimaginable cost: large swathes of the econo... |
| Feb 3, 2020 | Should Australia abandon its superannuation increases? Grattan thinks so | Are workers paying for higher super contributions? Economists over at The Grattan Institute think so.
Why? In short, employers have historically passed on the economic cost of the superannuation guarantee (SG) to workers, and there’s no goo... |
| Aug 22, 2019 | ‘A shameful legacy’: We’re setting up working-age Australians to be worse off than older generations | By Kate Griffiths, Grattan Institute and Danielle Wood, Grattan Institute
We’ve become used to each new generation of Australians enjoying a better standard of living than the one that came before it. Until now. Today’s young Australians ar... |
| Feb 9, 2018 | Increasing the superannuation guarantee to 12% won’t fix retirement savings: Grattan Institute | Lobby groups are continuing to call for the superannuation guarantee to be increased to 12% of a worker’s wages, but a new report from the Grattan Institute claims this won’t fix problems in Australia’s retirement savings system.
In a paper... |
| Dec 21, 2017 | Five challenges that will make or break the gig economy | By Andrew Trounson, University of Melbourne
For something so small, the gig economy makes a lot of noise.
These days, Uber drivers and food couriers in our cities are just an app-click away. It’s not surprising then that there’s widespread ... |
| Oct 31, 2017 | As the government continues push for company tax cuts, here’s five other ways to kickstart the economy | Company directors could be personally liable when coronavirus relief measures end.
By Jim Minifie, Grattan Institute
The Productivity Commission has released the first in a planned series of five-yearly updates on productivity in Australia.... |
| Oct 6, 2017 | Three ways electric vehicles will change our world | Bob Dass/Flickr
By Hussein Dia, Swinburne University of Technology
China, the world’s largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to mak... |
| Oct 4, 2017 | Three charts that show the generational wealth gap in Australia | By Trent Wiltshire and Danielle Wood, Grattan Institute
It’s a tale of two Australias: older Australians are getting much wealthier, and the young are being left behind.
It’s a story only too familiar to Australians under 45 who have strugg... |
| Jul 4, 2017 | Why companies like Uber and Airtasker must change to survive | EMPLOYEE UBER RIDES NOW CLAIMABLE UNDER FRINGE BENEFITS TAX EXEMPTION.
By Joshua Healy, University of Melbourne; Andreas Pekarek, University of Melbourne, and Daniel Nicholson, University of Melbourne.
The honeymoon is over for the gig econ... |
| Mar 29, 2017 | Myth busting claims about the cost of company tax cuts | By Jim Minifie and Cameron Chisholm, Grattan Institute
In the drawn-out debate on the value of a company tax cut to our economy, there have been a number of claims: that the plan would cost $50 billion; that the cuts are just a handout to f... |
| Nov 21, 2016 | Taxing Old People the Same as Young Australians Could Raise $1 Billion a Year | Australia's current economic plan. Image via
Australian could raise around $1 billion a year by taxing over 65s at the same rate as younger workers, according to a new report from Melbourne-based think tank the Grattan Institute.
"Seni... |
| Sep 28, 2016 | The ‘Uberisation’ of work is driving people to co-operatives | Source: AP Photo/Jeff Chiu
By Sarah Kaine, University of Technology Sydney; Danielle Logue, University of Technology Sydney, and Emmanuel Josserand, University of Technology Sydney
Street protests against popular “sharing” economy firms Ube... |
| Sep 5, 2016 | Super becomes a battleground for Australia’s economic strength | The Coalition needs to get its suite of superannuation changes through the parliament or the future of Australia’s budget and economic reform prospects are dire, according to experts.
The Grattan Institute has called super policy reform an ... |
| Aug 8, 2016 | Aussie IT grads losing jobs to skilled migrants, outsourcers | Australian IT graduates are in an increasing battle for post-university jobs with skilled migrants and outsourcing firms, leaving a third of recent IT grads looking for full-time work four months after completing their degree.
According to ... |
| Aug 4, 2016 | Productivity Commission sets groundwork for long-awaited look at superannuation competition and efficiency | By Jim Minifie, Grattan Institute
The Productivity Commission has released its draft report setting out criteria for assessing the competitiveness and efficiency of the superannuation system. The final report will be delivered in November t... |
| Apr 14, 2016 | No need to reclassify sharing economy workers? | New report from Australian think tank says the market will figure it out
Editor's Note: Our annual Vator Splash Spring 2016 conference is around the corner on May 12, 2016 at the historic Scottish Rite Center in Oakland. Speakers include Ni... |
| Jul 2, 2015 | Australia set for a decade of deficits; 200,000 homes and businesses added to the NBN: Midday Roundup | Australia is set for more than a decade of deficits between 2008 and 2019, with Commonwealth net debt projected to peak at 18% of gross domestic product, according to a Grattan Institute working paper published yesterday.
Fiscal challenges ... |
| Jan 23, 2015 | Selling a GST rise will be easier if we can follow the money | Australia’s latest GST debate may be the political version of The Magic Pudding. We stubbornly believe that a bigger pot of GST revenues will regenerate – in whatever flavour is desired – like Alfred the bad-tempered pudding. A minister in ... |
| Aug 14, 2014 | The No. 1 driver of property price growth | If you cornered me and asked me, “Out of all the factors that influence property prices, what is the number one driver of capital growth?” I’d have to say affordability.
But don’t get me wrong – it’s probably not what you think!
Unlike many... |
| Jul 24, 2014 | Australia’s top money-making hotspots revealed | It may be a wide brown land, but 80% of the dollar value of all goods and services in Australia is generated on just 0.2% of the nation’s land mass according to a study released this week.
While it is notoriously expensive to work in the CB... |
| Apr 28, 2014 | Super sting: Superannuation fees come under fire from the Grattan Institute | The introduction of a tender process to select low-fee default superannuation funds for new workers would help reduce high super fees for individuals, according to a report published today by the Grattan Institute.
The Grattan Institute’s r... |
| Nov 28, 2013 | The reason why negative gearing should not be abolished for property investment | With our property markets booming, in large part fuelled by property investors, once again negative gearing has come into question.
Opponents of negative gearing appeal to the frustration of would-be home owners, suggesting they have been l... |
| Nov 7, 2013 | Generous investor tax breaks pricing home buyers out of the market | Overall levels of home ownership are on a gradual decline in Australia, but the declines are sharp among younger households and people on low incomes. Generous government tax breaks for property investors are contributing to this decline in... |
| Aug 1, 2013 | Did Australia really waste the mining boom? | Think we “wasted the proceeds of the mining boom”?
That the Howard government or the Rudd/Gillard governments?—?or both?—?failed to salt away enough of all that mining tax revenue?
What if it’s a furphy?
One of the chief areas of saving is ... |
| Jul 29, 2013 | The changing face of Australia’s mining boom | The biggest mining boom in Australian history since the gold rush of the 1850s is about to change shape. The investment phase of the boom, which has seen $400 billion invested in the last decade, is tapering off.
The elevated prices paid fo... |
| May 29, 2013 | Why flexible work arrangements as we age might help save our economy | While there has been much talk recently about the extent of the structural budget deficit, accompanied by the inevitable commentary about increases in taxes and reductions in expenditure, a notable absence has been the subject of how long A... |
| Australia’s farmers are not against net zero emissions target, minister says | Australia’s farmers are not opposed to net zero carbon emissions, but they don’t want climate change policies to burden them, Agriculture Minister David Littleproud said Wednesday.
They want to make sure that any policy that the government ... |
| Thirteen ways to bridge the $70 billion a year deficit in our budget | Treasurer Jim Chalmers. Source: AAP/Mick Tsikas
No one likes spending cuts and tax hikes, but on our estimate, the government will soon need more of them if they are going to make a dent in looming $70 billion a year budget deficits.
A new ... |
| Why most states in Australia aren’t removing stamp duty | Source: Shutterstock.
Nearly all economists and most politicians seem to agree stamp duty is a bad tax. But nearly all state and territory governments rely on it to keep the lights on.
It’s a bad tax because it taxes homeowners every time t... |
| The Australian business community should lose its fuel tax credit scheme. Here’s why | Source: shutterstock.
Revising the generous fuel tax credits given to businesses should be a priority for the Albanese government, because keeping them would conflict with two other pressing priorities: reducing carbon emissions and repairi... |
