The Australia Institute surveyed 1,557 Australians between 27 March and 7 April 2018 about which Commonwealth Ministers they recognised. Respondents could select any number of Ministers from a randomised list of the full cabinet, or “none of the above”.
The Australia Institute commissioned ReachTEL to conduct a survey of 1,093 residents across Western Australian households on the evening of 13th August 2018.
South Australia, Tasmania and Queensland all miss out on company tax cuts with only 11% of beneficiaries headquartered in those three states, analysis of Department of Finance data and ATO statistics reveals.
The Australia Institute has today released new analysis of a list compiled by the Department of Finance and distributed to crossbench senators outlining large companies that may benefit from the further company tax cuts for big business. The list was released under Freedom of Information laws.
New analysis by The Australia Institute’s Revenue Watch initiative shows the company tax cut would represent a $39.5 billion gift to the big four banks over the first decade of the cut.
Furthermore, new polling also released today shows a majority of voters (61%) think the Senate should block the company tax cuts for large companies, including 68% of One Nation Voters.
“The company tax cuts are economically unsound and will result in less revenue being available for community services and productivity enhancing public infrastructure,” said Ben Oquist, Executive Director of The Australia Institute.
With the company tax debate in full flight, The Australia Institute will be hosting a special Revenue Summit, Wednesday 17th October 2018.
This initiative of The Australia Institute will see some of Australia’s leading experts discuss new ways Australia could efficiently and equitably increase public revenue to strengthen both our public finances and our future economy.
Keynote speakers at the Summit will include:
The Australia Institute has released new analysis by Chief Economist Dr. Richard Denniss showing that the purported $150 price reduction likely to flow from the NEG will be rendered meaningless if the government proceeds with new policies to adjust future electricity supply via the so-called ‘NEG plus’.
“The NEG modelling concludes power prices will be lower largely because 'certainty' would see interest rates 3% lower for electricity sector investors,” said Dr. Richard Denniss, chief economist at The Australia Institute.
The Australia Institute’s Climate & Energy Program has released the latest National Energy Emissions Audit electricity update (The Audit*) for July 2018.
The Audit shows that current NEG modelling will effectively create an investment cliff for the otherwise booming renewables sector, with no investment in further renewable energy generation after 2021.
Key findings show:
The Australia Institute Climate & Energy Program has released a special update of their National Energy Emissions Audit, assessing the value and effectiveness of the current NEG using figures from the Australian Energy Market Operator (AEMO).
The Audit update shows multiple scenarios in which much larger emission reductions and levels of renewable energy generation can be achieved in the National Electricity Market (NEM) than envisaged in the current NEG, and at a lower cost.
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.
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 and come into effect in 2026-27.