Vocational and university education in Australia and Nordic countries - Report for roundtable discussion at the Embassy of Finland Canberra
The final stage of the Morrison Government’s unlegislated income tax plan, stage 3(a) will, over the five years after it is introduced in 2024-25, deliver a $33 billion benefit to those earning more than $180,000, according to a new distributional analysis from The Australia Institute’s senior economist Matt Grudnoff.
The Morrison Government is yet to legislate the additional tax cuts announced in the 2019-20 Federal Budget, which builds on the tax package announced in the previous 2018-19 Budget.
The projected rise in extremely hot days as a result of global warming presents a serious risk to the health and wellbeing of the Queensland community.
There has already been a clear increase in numbers of these extreme heat days over recent decades, as demonstrated in our profiles on:
- The Gold Coast;
- The Sunshine Coast;
- The Whitsundays; and
New income distributional analysis from The Australia Institute senior economist Matt Grudnoff shows the Morrison Government’s proposed Stage 3(a) income tax cuts announced in the 2019-20 Federal Budget, to come into effect 2024-25, will overwhelmingly benefit high-income earners with over 50% of the benefit going to the top 20% of taxpayers, while the bottom half only get 12% of the benefit, and the bottom 20% receive a mere 0.2%.
The Australia Institute released new research showing Adani is not “ready to go” with its Carmichael coal mine and there are a number of significant reasons why Adani is not ready to proceed with its mine.
“One thing that can be said with certainty about the Adani coal mine is that whether it goes ahead or not will make almost no difference to the high levels of unemployment in Queensland," said Richard Denniss, Chief Economist at the Australia Institute.
$18 billion dollar gamble on climate action loophole
The Government’s reliance on dated carbon credits to extinguish over half of its Paris Agreement target might not be authorised, forcing it to purchase last-minute international permits or drastically reduce emissions to cover huge gap.
New analysis by the Australia Institute identified numerous legal, diplomatic and ethical barriers to using Kyoto Protocol carry-over credits, which undermine the government’s heavy reliance the credits.
Documents obtained by the Australia Institute shows that mining is experiencing a crisis in public trust among Queenslanders, with coal mining particularly unfavourable.
The Queensland Resources Council (QRC) commissioned polling company Ipsos to conduct this research on the industry's reputation because it has observed a “decline in positive (public) sentiment” about the QLD resource sector, and can see that “extending to governments with political support” and are “worried about reputation of QLD resources sector” overall.
The Liberal Party is losing grip on their ‘better economic manager’ brand recognition with young voters (18-34 year olds) overwhelmingly rating the Labor Party as the better economic manager in Government.
o Young people rated the Labor Party better economic managers in government than the Coalition.
- 44% aged 18-24 rated the Labor Party better economic managers compared to 28% rating Coalition better.
45% aged 25-35 rated the Labor Party as better, compared to 29% who rated Coalition better.
Debate about the cost of climate action is a recurring feature of Australian politics and has been central to the political turmoil of the last decade. Advocates for delaying or limiting climate action often point to modelling that claims to show the costs of action are very high.
Australia’s current climate targets, of 26% below 2005 levels by 2030, are inadequate and leave Australians exposed to large costs from increasing climate change. In the Paris Agreement, Australia agreed current targets were too low and must be increased. According to the Climate Change Authority, Australia’s targets should be at least 45% by 2030 to be in line with the Paris Agreement.
Almost four in ten voters think that a re-elected Coalition Government would try to cut company tax for big business, even after being explicitly told the Coalition Government had announced they would no longer pursue big business company tax cuts.
Respondents were told that last year then-Prime Minister Malcolm Turnbull announced that the Coalition Government would no longer pursue the big business company tax cuts. They were then asked which approach to company tax the Coalition Government was most likely to try if it wins the next election.