JobKeeper should remain beyond its September cutoff date, think tank The Grattan Institute has urged. In a 122-page report, it cautioned the government from going down the path of cutting support programs, including JobKeeper, JobSeeker and rental assistance, too early. Instead, it advised that JobKeeper should be expanded to include […]
Australia’s unemployment rate could peak at 15%, according to new analysis by the Grattan Institute. The working paper suggests as many as 26% of the workforce could be out of jobs as a direct result of the COVID-19 shutdown. The figure will include more than half of all hospitality workers, […]
Congestion charging should be introduced in Australia’s largest cities, as Grattan Institute’s latest report shows. Our analysis also finds that the people who commute to the Melbourne and Sydney CBDs by driving are two to three times as likely to earn six-figure salaries as other Australian workers. One of the […]
We’ve become used to each new generation of Australians enjoying a better standard of living than the one that came before it. Until now. Today’s young Australians are in danger of falling behind. A new Grattan Institute report, Generation gap: ensuring a fair go for younger Australians, reveals that younger […]
A Grattan Institute study into lobbying and influence in politics recommends a cleaner and fairer system in Australia. Federal MPs should be stopped from taking lucrative lobbying roles when leaving parliament. And political advertising spending should be capped to reduce the reliance by political parties parties on a few big […]
A new report has recommended that more houses need to be built to ease home affordability. House prices in Australia have more than doubled in real terms over the past 20 years. The Grattan Institute released a study, Housing affordability: re-imagining the Australian dream, recommending that more houses be built […]
When we see excessive spikes in fuel prices, rapid annual increases in health insurance premiums, and a confusing array of electricity options to choose from, it is easy to conclude that big companies are using their market power to gouge their customers. But the latest report from the Grattan Institute […]
The equation doesn’t look pretty. Traffic congestion costs us billions of dollars each year – so we are told – and population growth is not letting up. When road rage meets large economic costs, it’s little wonder our politicians are desperate to do something. The trouble is, too often that […]
Analysis of the latest Census data by the Grattan Institute has revealed that increasingly home ownership is no longer part of the Australian Dream for younger people. Home ownership levels have declined at all ages between 25 and 64 since 1981, according to John Daley of the Grattan Institute, with […]
Half the 20 suburbs with the worst cases of mortgage stress are in Victoria, according to analysis of census data. Research by the Grattan Institute looked at areas where mortgage repayments were greater than 30% of household income. The analysis uses data from the 2016 census compared with the 2011 […]
Change is hard. But change is a constant of life, of evolution and the human condition, so we have little choice but to change and adapt. Addressing this topic in a speech last week at CEDA, prime minister Malcolm Turnbull said “change is unsettling, and as people see things change […]
Last week Fairfax Media revealed that the Parramatta Light Rail, a vital part of the New South Wales government’s plan to cement Parramatta as Sydney’s second central business district, is set to cost not A$1 billion as budgeted, but a whopping A$3.5 billion. People could be forgiven for thinking that […]
Today’s 5 things you need to know are brought to you by Tower One, International Towers Sydney. Workplace designers are looking to smartphones for inspiration to create more efficient and flexible work spaces. Discover how Australia’s most innovative new buildings are redefining how work is done. Hello! Welcome to the […]
In his budget reply speech this week, Opposition leader Bill Shorten said Labor had “very grave concerns about retrospective changes” to superannuation being proposed by the government. The superannuation industry has been even more vociferous. But labelling the changes as “retrospective” in this case is a furphy. For a decade, […]
The outlook not so good for younger Aussies.
Higher GST is on the table.
And phase out stamp duty.