The recent Victorian election results showed Australian voters want governments to play a pro-active role delivering public services, infrastructure, improved labour standards, and sustainability. They showed that in a time of deep cynicism with federal politics, States (and Territories) can play an important role filling the democratic void left by dysfunction and policy paralysis at the Commonwealth level.
New data on private-sector business conditions confirm that wage increases paid in the private sector of Australia’s economy continue to plumb record lows.
The ABS’s quarterly Business Indicators report, released yesterday, indicates total wages and salaries paid out by private businesses grew 4.3 percent in the September quarter, compared to year-earlier levels. This only slightly exceeded the increase in total private sector employment during the same period. As a result, wages and salaries paid per employed worker grew very slowly – by just 0.43 percent over the year.
WA’s moratorium on fracking has been overturned without consideration of economic impacts.
Economic logic, and the lived experience of Queensland and the USA, shows the industry has an incentive to expand as much and as fast as possible. This has a negative impact on communities, provides few jobs, little revenue and could increase domestic gas prices.
THE WAGES CRISIS IN AUSTRALIA:
WHAT IT IS AND WHAT TO DO ABOUT IT
Edited by Andrew Stewart, Jim Stanford, and Tess Hardy (University of Adelaide Press)
The Australia Institute Climate & Energy Program responds to the Labor Party’s renewable energy plan announced today as a welcome step in the right direction.
“Australia's electricity sector is in dire need of ambitious and integrated climate and energy policy. Labor’s announcement today is a strong step in the right direction,” says Richie Merzian, Climate & Energy Program Director at The Australia Institute.
Each year the Centre for Future Work at the Australia Institute conducts a public survey of Australian working hours, as part of our annual “Go Home on Time Day” (GHOTD) initiative. Findings from the survey regarding hours worked, preferences for more or less hours, and the incidence of unpaid overtime are reported in a companion study.
2018 marks the tenth annual Go Home on Time Day (GHOTD), an initiative of the Centre for Future Work at the Australia Institute that shines a spotlight on overwork among Australians, including excessive overtime that is often unpaid.
Over many years, the Centre for Future Work and the Australia Institute have commissioned regular annual opinion polls to investigate overwork, unpaid overtime, and other instances of “time theft” in Australia. This year’s poll of 1459 Australians was conducted between September 17-26, with a sample that was nationally representative according to gender, age and state or territory.
Between 18,000 and 59,000 construction and installation jobs could be created if the Energy Market Operator’s Integrated System Plan ‘fast scenario’ on renewable transition is adopted. It would see around 53% of capacity from renewable energy by 2030.
New analysis from The Australia Institute shows that 53% renewable energy capacity by 2030 would create between 18,000 and 59,000 direct jobs across the country. The analysis is based on the Australian Energy Market Operator’s ‘Fast Scenario’ developed as part of its Integrated System Plan.
The wide range of possible employment outcomes depends largely on how much assembly and manufacturing can be done in Australia.
The 10th annual ‘Go Home On Time Day’ report by The Australia Institute's Centre for Future Work estimates that Australian employees will work 3.2 billion hours of unpaid overtime for their employers this year, worth an estimated $106 billion in foregone wages.
A national survey undertaken as part of the report has shown that the average Australian worker now puts in six hours of unpaid overtime per week, which equates to working an extra two months for free every year. That’s an increase from 5.1 hours on average in last year’s survey.