Centre for Future Work at #ACTUCongress18

Trade unionists from across Australia are gathering in Brisbane this week for the 2018 Congress of the Australian Council of Trade Unions.  And the Centre for Future Work will be there!

Come and check out our information booth in the exhibitors' area: meet our staff, learn more about our work, and sign up for updates.

Our Director Jim Stanford will be presenting as part of a session on The Future of Work (good title!), Tuesday July 17 at 2:15 pm in conference room P1.

And we will be distributing copies of this brochure with links to some of our most recent research.

We are glad that our research can support the campaign to #ChangeTheRules!

 


Insecure work: The New Normal

Most Australians know in their guts that it's pretty hard to find a traditional permanent job these days.  And now the statistics confirm it: less than half of employed Australians have one of those "standard" jobs.  And more than half experience one or more dimensions of insecurity: including part-time, irregular, casual, contractor, and marginally self-employed jobs.

In this commentary article published originally by Ten Daily, Our Director Dr. Jim Stanford summarises the findings of the Centre's recent report on "The Dimensions of Insecure Work."

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A Comprehensive and Realistic Strategy for More and Better Jobs

The Australian Council of Trade Unions has released a major policy paper outlining an ambitious, multi-faceted program to address the chronic shortage of work, and the steady erosion of job quality, in Australia.  The full paper, Jobs You Can Count On, is available on the ACTU's website.  It contains specific proposals to stimulate much stronger job-creation, reduce unemployment and underemployment, improve job quality (including through repairs to Australia's industrial relations system), and ensure that all communities (including traditionally marginalised populations like indigenous peoples, women, youth, and people with disability) have full access to the decent work opportunities that the plan would generate.

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Wage Increases Beat Tax Cuts Any Day

The Coalition government’s 2018 budget features a plan to cut personal income taxes for many Australians over the next several years. The government claims it wants to reward lower- and middle-income wage-earners with tax savings.  However, the biggest personal tax reductions would not be experienced until 2022 and beyond (after at least two more federal elections).  And the biggest savings go to those with incomes over $200,000 per year (the richest 3 percent of tax-filers).

Our Briefing Note on the 2018 Budget explores the relationships between wages and taxes, and shows that working to reverse the recent unprecedented wage stagnation is the key to achieving ongoing improvements in living standards - not pre-election tweaks in the tax code.

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Wages Crisis Has Obvious Solutions

Mainstream economists and conservative political leaders profess “surprise” at the historically slow pace of wage growth in Australia’s labour market. They claim that wages will start growing faster soon, in response to the normal “laws of supply and demand.”  This view ignores the importance of institutional and regulatory factors in determining wages and income distribution.  In fact, given the systematic efforts in recent decades to weaken wage-setting institutions (including minimum wages, the awards system, and collective bargaining), it is no surprise at all that wages have slowed to a crawl.  And the solutions to the problem are equally obvious: rebuild the power of those institutions, to support workers in winning a better share of the economic pie they produce.

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The Difference Between Trade and 'Free Trade'

U.S. President Donald Trump’s recent trade policies (including tariffs on steel and aluminium that could affect Australian exports) have raised fears of a worldwide slide into protectionism and trade conflict.  Trump’s approach has been widely and legitimately criticised.  But his argument that many U.S. workers have been hurt by the operation of current free trade agreements is legitimate; conventional economic claims that free trade benefits everyone who participates in it, have been discredited by the reality of large trade imbalances, deindustrialization, and displacement.

Can progressives respond to the real harm being done by current trade rules, without endorsing Trump-like actions – which will almost certainly hurt U.S. workers more than they will help?  Centre for Future Work Director Jim Stanford has proposed several key principles to guide a progressive vision of international trade: one that would capture the potential benefits of greater trade in goods and services, while managing the downsides (instead of denying that there are any downsides).

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Scare Tactics for Corporate Tax Cuts Do Not Stand Fact Checks

In the wake of the Trump Administration's success in pushing a major company tax cut through the U.S. Congress, the Australian Treasurer has stepped up his calls for reduced company taxes here. He claims Australia will bypass the growth-inducing benefits of these tax cuts, but Dr. Anis Chowdhury, Associate of the Centre for Future Work, has compiled the economic evidence.  The U.S. experience shows no statistical evidence of any "trickle-down" growth dividend from company tax cuts:

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Job Opportunity: Research Economist

The Centre for Future Work invites applications for an economist to join our research team in labour market research and policy analysis, working from our offices in Sydney or Canberra.

Deadline for applications is December 21 2017.

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Job Growth No Guarantee of Wage Growth

Measured by official employment statistics, Australia's labour market has improved in recent months: full-time employment has grown, and the official unemployment rate has fallen. But dig a little deeper, and the continuing structural weakness of the job market is more apparent. In particular, labour incomes remain unusually stagnant. In this commentary, Centre for Future Work Associate Dr. Anis Chowdhry reflects on the factors explaining slow wage growth -- and what's required to get wages growing.

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June GDP Numbers Confirm Lopsided Economy

This week the ABS released new GDP data, covering the June quarter, which confirm the continuing structural shift away labour toward capital in the distribution of income.

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