While the national unemployment rate might be 5.7% this average unemployment hides important variations. The Australia Institute has assessed unemployment by regional variation by federal electorate using Department of Employment data. While the average unemployment rate in Queensland is 6.5% the unemployment rate varies across the electorates, from 4.4% in Maranoa to 10.5% in Hinkler.
Research released today by The Australia Institute estimates the tourism industry impacts if severe coral bleaching continues on the Great Barrier Reef.
--- Full report in attachment below ---
Based on surveys of Chinese, UK, American and domestic tourists, results show that tourism areas adjacent to the Great Barrier Reef risk losing over 1 million visitors per year, worth over $1 billion in tourism expenditure. This expenditure supports around 10,000 tourism jobs in regional Queensland, which are also considered at-risk.
The inevitable shift from coal to clean energy is becoming big news in regional electorates and across the country at this election.
Local member and Deputy Prime Minister Barnaby Joyce has endorsed the White Rock Wind Farm in Glen Innes, saying, “if we are going to go down the path of renewables and I believe we should, then we need to get the best benefit for it into the seat of New England.”
But his enthusiasm is hard to read. On the day of the opening ceremony he complained, “These are the cards I’m dealt” and he once asked, “What is this insane lemming-like desire to go to renewables going to do to our economy?”
While the national unemployment rate might be 5.7% this average unemployment hides important variations. The Australia Institute has assessed unemployment by regional variation by federal electorate using Department of Employment data.
The average unemployment rate in South Australia is 6.8%, but the unemployment rate varies significantly across the state, from 5.0% in Boothby to 10.6% in Port Adelaide.
It is hard for the benefits of a company tax cut to "trickle down" to workers when employer groups insist on building dams to capture the gains for themselves, writes Richard Denniss.
First published on The Drum - here.
The Turnbull Government's claim that a company tax cut will trickle down to benefit workers rests on a rather heroic chain of assumptions.