As Queensland’s Government and Opposition compete to sweeten deals for the coal industry, open-cut coal mines in Queensland already get up to 17% of their coal for free compared with similar mines in NSW. At average export prices over the past decade, the benefit to Adani’s mine would have been $223 million and $1.3bn to the Galilee Basin. Polling in both Queensland and NSW shows support for ending this subsidy.
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.
Australian energy companies and regulators claimthat introducing Time of Use pricing will benefitconsumers and move their consumption to timeswhen the network is less congested.
On closer examination, further adoption will impose increased costs on households and appears more likely to increase the profits of electricity companies than to assist consumers.
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.
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.
Victoria’s brown coal fired power stations suffer from frequent breakdowns and Loy Yang A is the responsible for largest number of breakdowns on the National Energy Market, since monitoring began in December 2017, and Loy Yang A’s Unit 2 is the most unreliable unit on the grid.
Decisions by the Murray Darling Basin Authority (MDBA) to flood the Barmah-Millewa forest and drain Menindee Lakes have reduced water for NSW Murray general security holders, who have zero allocation for 2018-19. We estimate an allocation of between 16% and 61% could have been possible had MDBA complied with its official Objectives and Outcomes.
Vocational and university education in Australia and Nordic countries - Report for roundtable discussion at the Embassy of Finland Canberra
New research from The Australia Institute has found that two out of three voters want the State Government to make up the $517 million GST shortfall announced in the Federal Budget by increasing taxes on wealthier South Australians and property investors.
The least popular way for the government to balance the books in its upcoming Budget would be to either cut or privatise services such as public transport, health and education or to increase taxes across the board.
The final stage of the Morrison Government’s unlegislated income tax plan, stage 3(a) will, over the five years after it is introduced in 2024-25, deliver a $33 billion benefit to those earning more than $180,000, according to a new distributional analysis from The Australia Institute’s senior economist Matt Grudnoff.
The Morrison Government is yet to legislate the additional tax cuts announced in the 2019-20 Federal Budget, which builds on the tax package announced in the previous 2018-19 Budget.