Research
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The price of uncertainty Economic modelling and the National Energy GuaranteeThe Turnbull Government has argued that the passage of its National Energy Guarantee (NEG) will deliver significant price reductions to consumers, with much of the claimed price benefit coming from the ‘greater certainty’ it claims investors will have were the NEG to be agreed upon by state governments and the federal parliament.However, at the same time that the Turnbull Government is suggesting that the ‘certainty’ associated with the NEG will... -
National Energy Emissions Audit - August electricity updateWelcome to the August 2018 issue of the National Energy Emissions Audit Electricity Update, with data updated to the end of July 2018. This Electricity Update is the companion publication to the quarterly National Energy Emissions Audit Report, the next issue which will be in September 2018. The Electricity Update presents data on electricity demand, electricity supply, and electricity generation emissions in the National Electri...
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What AEMO’S Integrated System Plan Report implies about the National Energy Guarantee[Full research from our National Energy Emissions Audit here]AEMO’s modelling results show that, with efficient planning of and investment in the most efficient mix of network services, it will be quite possible to ensure that the electricity supply system of the NEM remains secure and reliable, with much larger emission reductions, and much higher shares of renewable generation in the supply mix, than envisaged in the design of the NEG, and do s...
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Workers’ slice of Australian economic pie gets smaller As corporate profits continue to climb, new research from the Centre for Future Work shows the share of Australian GDP paid out to workers is hovering at a post-war low. The Australia Institute’s Centre for Future Work has today published a new research symposium documenting how workers’ slice of the national economic pie continues to get smaller. Key findings: From peak levels of 58 per cent of GDP in the mid-1970s labour compensation -- includi...
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Company tax cuts: $7.67 billion to just one company New analysis by The Australia Institute shows that based on Rio Tinto’s half year report, the company tax cut would represent a $7.67 billion gift to Rio Tinto over the first decade of the cut. The Australia Institute has today launched a new Revenue Watch initiative, looking at companies over reporting season, to quantify how much company tax revenue would be lost to the federal budget should the company tax cut for big business be legislated an...
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Company tax cuts: new analysis shows foreign investors big winners New analysis by The Australia Institute shows that foreign investors will be the unambiguous winners of the big business company tax cut ($50+ million turnover). “If the remaining company tax cuts now before the Senate are implemented the gift to foreign shareholders will be $3.7 billion in 2026-27, the year the tax cuts are fully phased in. For the decade beginning in 2026-27, this will be $45.4 billion,” said Ben Oquist, Executive Director of T...
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Mayo: New Polling on Asylum Seekers and Adani The Australia Institute commissioned ReachTEL to poll the federal seats of Mayo (766 respondents) on the evening of Wednesday 25 July. Key Findings: 59/41 two-party preferred, favouring Centre Alliance candidate Rebekha Sharkie 64% of Australians support bringing genuine refugees to Australia who arrive by boat, only a quarter support indefinite detention on Nauru and Manus Island.A majority oppose the Adani mine going ahead Question: Of t...
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Mayo: New Polling on Company Tax Cuts, Voter Priorities for Government Revenue, Newstart The Australia Institute commissioned ReachTEL to poll the federal seats of Mayo (766 respondents) on the evening of Wednesday 25 July. Key Findings: 59/41 two-party preferred, favouring Centre Alliance candidate Rebekha Sharkie Only 27.7% support for cutting company tax rate for large business, while 65.8% want tax rate increased or kept same 63.5% oppose or strongly oppose banks receiving company tax cut (29.5% support or st...
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Harming Farming: The cost to agriculture from the government’s emissions reduction planAustralia’s commitment under the Paris climate agreement is to reduce carbon emissions by 26 to 28 per cent below 2005 levels by 2030. With the announcement of the National Energy Guarantee the government has required the electricity sector to reduce its emissions by 26 per cent. This implies other sectors such as agriculture will also need to reduce emissions by at least 26 per cent by 2030. This approach will impose significant costs on agricul...
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The Basin FilesSince allegations of large-scale water theft were aired on Four Corners in 2017, a flood of media reports have shown that the $13bn Murray-Darling Basin Plan is not being well implemented: agency cover ups, political and regulatory capture, agencies with cultures of non-compliance, dodgy water deals, alleged fraud and unlawful amendments.[READ FULL REPORT]