Dividend imputation was introduced by the then Treasurer Paul Keating in 1987 with the aim of eliminating the so-called double taxation of company income.
Prime Minister Scott Morrison claims that the pace of job creation under the Coalition Government – 1.1 million net new jobs in 5 years – is an achievement, however, the actual amount of new work added in the economy has not even kept up with population growth.
New analysis of labour market performance released today by The Australia Institute’s Centre for Future Work, shows Australia’s job creation performance over the past five years has been weak relative to population growth and compared to past periods of history.
The Australian Bureau of Statistics released its detailed biennial survey of employment arrangements this week (Catalogue 6306.0, "Employee Earnings and Hours"). Once every two years, it takes a deeper dive into various aspects of work life.
Buried deep in the dozens of statistical tables was a very surprising breakdown of employment by size of workplace. It turns out, surprisingly, that Australia's biggest workplaces (both private firms and public-sector agencies) have been the leaders of job-creation over the last two years.
by Richard Denniss
[Originally published in the Australian Finacial Review]
Some political parties are coping better with the social and technological transitions that are reshaping Australia than others. Just as Kodak couldn't adapt to the digital era and Nokia couldn't adapt to the smartphone era, it's not obvious that all of Australia's current political parties will survive the seismic shifts rocking the economy and the electorate.
ABC recently announced plans for a new 6-part television drama called “Diary of an Uber Driver.” The Centre for Future Work's Director Jim Stanford wonders if this drama will truly constitute insightful drama - or whether it will serve to whitewash the labour practices of a controversial, exploitive industry.
A version of this commentary originally appeared on the 10 Daily website.
There is a contradiction between Australian policy on climate change and on coal production. Australia is committed to the Paris Agreement, which requires reductions in global demand for coal. Yet Australian governments all promote growth in coal production. This bill is a step towards reconciling these policies.
The Bill’s goal of limiting coal supply could be achieved in many ways and could be improved by expanding its scope. However, given the lack of a more comprehensive approach, such as a nation-wide moratorium on new coal mines, it should be supported.
Australia's manufacturing sector has been experiencing an important and welcome rebound during the last two years. The turnaround has been documented and analysed in previous Centre for Future Work research (including studies published in 2017 and 2018 as part of the National Manufacturing Summit, co-sponsored by the Centre).
New analysis from The Australia Institute has found that nearly one in five Liberal voters in Boothby are now less likely to vote for the party after Malcolm Turnbull was dumped as Prime Minister.
Furthermore, the majority of Boothby voters support increased spending on health and education over tax cuts and register overwhelming support for an independent and well-funded ABC.
“With the margin in Boothby sitting at just two per cent, the Liberal Party can’t afford to lose any votes ahead of the next election if they want to hold onto the seat,” said Noah Schultz-Byard, The Australia Institute’s SA projects manager.
A new report from The Australia Institute’s Climate and Energy Program has shown the Senate crossbench’s role in preventing the Coalition Government from abolishing three renewable energy policies (The Clean Energy Finance Corporation, ARENA and the Renewable Energy Target) resulted in $23.4 billion worth of investment in renewable energy, from 2013–2018.
The ‘Saved by the bench’ report is being released in conjunction with Australia Institute polling* which shows that a majority of Australians believe the country is better off because of the Senate and that better laws are created when the government has to negotiate with other parties