News
Who’s hurting most from rising interest rates? It’s probably you.
Soaring house prices, high household debt and the pervasiveness of variable rate home loans mean that Australians bear the brunt of interest rate rises, says Greg Jericho.
Video: The Right to Disconnect is NOT Bad for Productivity
The Right to Disconnect legislation being passed recently has attracted criticism from Opposition leader Peter Dutton and business groups, who say it’s bad for productivity. They may need to learn some basic maths, because they couldn’t be more wrong. Centre for Future Work Director Dr Jim Stanford explains. Research indicates the average Australian worker performs
Australia’s “stupid” surplus obsession must end
A budget surplus doesn’t mean a government is good at running the economy – we should focus on the choices they make instead, says Greg Jericho.
“It’s a scare campaign”: award wage rise won’t trigger inflation spiral
With unions calling for a five per cent increase to award wages, business groups are crying wolf over the proposal’s impact on inflation and unemployment, says Greg Jericho.
March 2024
The RBA should keep its finger off the interest rate trigger
With unemployment tumbling in February, the Reserve Bank of Australia (RBA) should resist the urge to raise interest rates, says Australia Institute Chief Economist Greg Jericho.
Increasing minimum wage would not drive inflation up: new report
A significant increase to the minimum wage, and accompanying increases to award rates, would not have a significant effect on inflation, according to new analysis by the Centre for Future Work at the Australia Institute.
Fixing the work and care crisis means tackling insecure and unpredictable work
The Fair Work Commission is examining how to reduce insecurity and unpredictability in part-time and casual work to help employees better balance work and care. The Commission is reviewing modern awards that set out terms and conditions of employment for many working Australians to consider how workplace relations settings in awards impact on work and
Aged care wage rise decision crucial for elderly Australians
The Australia Institute says wage rises for aged care workers will improve the lives of elderly Australians after a crucial Fair Work Commission decision.
Most Coalition voters back right to disconnect
Two-thirds of Coalition voters back newly legislated protections for employees’ right to disconnect from emails and calls outside of work, new research from the Australia Institute shows.
On International Women’s Day: How the Fair Work Commission Can Really Take On the Gender Pay Gap
On occasion of International Women’s Day, the Centre for Future Work’s Senior Researcher Lisa Heap reviews the opportunities to use recent industrial relations reforms to more ambitiously address Australia’s gender pay gap.
Aged care reforms fall short on quality, safety
Mandating sector-wide aged care training requirements would make elderly Australians safer while bolstering workforce stability, according to a new analysis by the Australia Institute.
February 2024
The gas industry is laughing at us as they make more money but not more tax
Despite soaring production and revenues the gas industry is not paying more tax
More loopholes to close on insecure work … and a new right to disconnect from work
Late yesterday the final part 2 of the government’s Closing Loopholes industrial relations bill was passed by the Senate.
“Right to Disconnect” Essential as Devices Intrude Into Workers’ Lives
Australia’s Parliament is set to pass a new set of reforms to the Fair Work Act and other labour laws, that would enshrine certain protections for workers against being contacted or ordered to perform work outside of normal working hours. This “Right to Disconnect” is an important step in limiting the steady encroachment of work
Fels’ Review Confirms Corporate Practices As Key Drivers of Inflation
The Australia Institute welcomes the report of the Inquiry Into Price Gouging and Unfair Pricing Practices, chaired by Prof Allan Fels, and delivered today to the Australian Council of Trade Unions.
January 2024
We Cannot Truly Value ‘Care’ Until Workers Using Digital Labour Platforms Get Fair Pay and Conditions
Unless minimum employment standards for care and support workers using digital labour platforms are guaranteed, decades of slow progress towards proper recognition of care work and equal pay for women could be undone.
December 2023
Closing Loopholes: Important repairs to the industrial relations system, no more, no less
Labour hire workers can no longer be paid less than employees doing the same job in their workplaces as a result of industrial reforms passed by Parliament. However, other important reforms to close loopholes in employment laws and stop exploitation of workers and avoidance of standards won’t be voted on in Parliament until next year.
New Report Reveals Changing Face and Future of Self-Employment
A new report by the Australia Institute shows self-employment in Australia has changed in recent years, towards fewer business owners and more gig work.
Special Issue of Journal Marks Halfway Point of First Albanese Government
The Journal of Australian Political Economy, a peer-reviewed journal based at the University of Sydney, has today published a special issue evaluating the record of the Albanese government during the first half of its term in office.
The Stage 3 tax cuts will make our bad tax system worse
Australia has one of the weakest tax systems for redistribution among industrial nations, and as Dr Jim Stanford writes, the Stage 3 tax cuts will make it worse.
Higher exports prices improve the budget, but the Stage 3 tax cuts remain the wrong tax at the wrong time
As the Budget outlook improves, with most of the benefits of Stage 3 tax cuts going to those earing over $120,000, over 80% of workers will be short-changed
Paying for Collective Bargaining
Recent labour law reforms in Australia have focused attention on the crucial role played by collective bargaining in achieving higher wages, safer working conditions, and better job security.
Solidarity Research for Union Renewal
A Symposium of Researchers and Trade Unionists co-hosted by the Centre for Future Work and Unions WA.
November 2023
Employers Steal More than 280 Hours from Workers Each Year: Go Home on Time Day Report 2023
Despite record-low unemployment, Australian employers are still managing to steal more than 280 hours from their employees each year.
After two years of profit-led inflation, workers deserve the pay rises they are getting
The wage rises for low-paid workers on awards and those working in aged care helped drive the strong wage growth.
The Government needs to act on Stage 3 as the RBA warns about wealthy households spending
The RBA made it clear one group continues to do well, and continue to spend – and they are also the ones who are about to get a massive tax cut.
When the prices of necessities are rising fast, the RBA does not need to hit households with another rate rise
Cost of living rose by more than inflation because of interest rate rises. Another rate rise would only cause more unnecessary pain.
October 2023
The Reserve Bank should not raise rates on Melbourne Cup Day
Inflation is being driven by things unaffected by interest rate, so there is no reason for the RBA to raise rates in November
Australia is an energy super power, we need to use that power for good
Australia is already an energy superpower, but our governments have lacked the courage to use that power to reduce greenhouse gas emissions
The latest report from the IMF highlights the need for full-employment to be the aim of the government and the Reserve Bank
If the economy grows as slowly as the IMF predicts it will for the next 2 years, Australia will be lucky to avoid a recession.
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