The Public Interest Advocacy Centre, The Australia Institute and Total Environment Centre have today welcomed a draft rule by the Australian Energy Market Commission (the Commission) that will increase competition in the wholesale energy market, lower emissions and prevent blackouts.
The release of ABS Household Income and Wealth figures confirm that the bottom 40% of Australians are going backwards. Wealth of the bottom 40% has decreased
Not only has the average wealth of the bottom 40% fallen, the total wealth of the bottom 40% has also fallen. Meanwhile, the top 20% saw their total wealth increase by $600 billion to a staggering $6 trillion dollars.
Most Australians want 100% renewable energy, a stamp duty to land tax swap and pill testing at music festivals in their own state, new national polling from The Australia Institute shows.
A new report from The Australia Institute, authored by Bill Browne, shows that most of the Australian Capital Territory’s innovative policies have majority support across Australia.
New research released today by The Australia Institute shows that ‘time of use pricing’ facilitated by smart meters is likely to drive up household energy costs.
Electricity companies and regulators have pushed for higher electricity prices at peak times, as well as higher ‘shoulder’ periods. In theory, this incentivises households to move their energy consumption to times of the day when it is cheaper for companies to provide it.
New research from The Australia Institute has shown that South Australians consider the privatisation of their energy network to be the number one reason for the increasing cost of electricity. Price gouging from power companies was considered the second most likely cause of increasing energy costs, according to the survey.
New research has revealed that despite Minister Angus Taylor’s claims that Australia’s total emissions are going down, Australia’s total emissions in the past year are likely to have increased, with Australia’s gas and coal industries the significant drivers of those rising emissions.
The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit for the electricity sector, analysing the electricity sector over the previous month. The National Energy Emissions Audit is authored by renowned energy expert, Dr Hugh Saddler.
The income tax cut legislation to be introduced to Parliament this week is the largest single budgetary measure not to face a Senate Inquiry.
The Australia Institute is today releasing a proposed Terms of Reference for a potential Senate Inquiry and new analysis on the fiscal risks associated with the Stage 3 tax cuts.
“The income tax legislation is the largest single budget measure not to face a Senate Inquiry,” said Ben Oquist, Executive Director of the Australia Institute.
“Given Stage 3 does not come into effect for another five years, it would be wise for the Senate to take its time to consider their implications.
The Australia Institute has welcomed NOPSEMA’s decision to knock-back Equinor’s plans to drill exploratory oil wells in the Great Australian Bight.
“NOPSEMA have made the right decision in knocking-back this application. BP and Chevron have already been sent packing and now the other companies lining up to exploit the Bight should take the message and move on,” said Noah Schultz-Byard, The Australia Institute’s SA projects manager.
“Our research has found that the majority of people in South Australia and across the country do not want to see the Great Australians Bight opened up to drilling.
New Australia Institute analysis of the long term impacts of bracket creep shows that taxpayers are being over compensated for bracket creep at all income levels.
The government has used bracket creep as a key reason why it needs to implement its income tax cuts package as outlined in the 2019 Budget.
The Marshall Government’s 2019-20 Budget, which doubles down on tax cuts for wealthy property investors while slugging regular South Australians with increased fees and charges, is a disappointing missed opportunity, independent think tank The Australia Institute says.
“Increased fees and cuts to services are the price South Australians are being forced to pay because of declining revenue and the Government’s choice to cut taxes,” said Matt Grudnoff, The Australia Institute’s Senior Economist.
“Shifting revenue raising from wealthier South Australians to regular people and families is the last thing the Government should be doing in a slowing economy.