by Richard Denniss
[Originally published in the Australian Financial Review, 4 Feb 2019]
Few people think carbon pricing is as important as Tony Abbott does. Not only was repealing the carbon tax his biggest achievement as prime minister, nearly five years later, he still can't stop talking about it. Nothing would excite him more than the chance to repeal another carbon price one day.
Dividend imputation was introduced by the then Treasurer Paul Keating in 1987 with the aim of eliminating the so-called double taxation of company income.
Prime Minister Scott Morrison claims that the pace of job creation under the Coalition Government – 1.1 million net new jobs in 5 years – is an achievement, however, the actual amount of new work added in the economy has not even kept up with population growth.
New analysis of labour market performance released today by The Australia Institute’s Centre for Future Work, shows Australia’s job creation performance over the past five years has been weak relative to population growth and compared to past periods of history.
The Australian Bureau of Statistics released its detailed biennial survey of employment arrangements this week (Catalogue 6306.0, "Employee Earnings and Hours"). Once every two years, it takes a deeper dive into various aspects of work life.
Buried deep in the dozens of statistical tables was a very surprising breakdown of employment by size of workplace. It turns out, surprisingly, that Australia's biggest workplaces (both private firms and public-sector agencies) have been the leaders of job-creation over the last two years.
by Richard Denniss
[Originally published in the Australian Finacial Review]
Some political parties are coping better with the social and technological transitions that are reshaping Australia than others. Just as Kodak couldn't adapt to the digital era and Nokia couldn't adapt to the smartphone era, it's not obvious that all of Australia's current political parties will survive the seismic shifts rocking the economy and the electorate.
ABC recently announced plans for a new 6-part television drama called “Diary of an Uber Driver.” The Centre for Future Work's Director Jim Stanford wonders if this drama will truly constitute insightful drama - or whether it will serve to whitewash the labour practices of a controversial, exploitive industry.
A version of this commentary originally appeared on the 10 Daily website.
There is a contradiction between Australian policy on climate change and on coal production. Australia is committed to the Paris Agreement, which requires reductions in global demand for coal. Yet Australian governments all promote growth in coal production. This bill is a step towards reconciling these policies.
The Bill’s goal of limiting coal supply could be achieved in many ways and could be improved by expanding its scope. However, given the lack of a more comprehensive approach, such as a nation-wide moratorium on new coal mines, it should be supported.