The Stage 3 tax cuts are not just unfair, they create a massive hole in the budget
The post The Stage 3 tax cuts will be responsible for up to 42% of the Budget deficit appeared first on The Australia Institute.
Off the Charts
Wages are rising within the RBA's target band of inflation but profits are soaring 7 times that rate. And yet the RBA is more concerned with rising wages than profits
The post The RBA talks tough about low-rising wages but not soaring profits appeared first on The Australia Institute.
In 2020-21 the biggest companies in Australia were able to reduce their taxable income to just 12% of their total income
The post A third of Australia’s biggest companies paid no tax in 2020-21 appeared first on The Australia Institute.
The latest enterprise agreements figures show small signs of wage growth and once again the benefits of being in a union
The post Some small signs of better wage rises appeared first on The Australia Institute.
In defending the Stage 3 tax cuts in parliament, Angus Taylor inadvertently highlighted the real benefits for low-middle income earners comes from Stages 1 and 2.
The post Not even the Liberal Party can defend the Stage 3 tax cut on its own merit appeared first on The Australia Institute.
Business groups like the ACCI and AI Group say they want higher wages, but their recommendations for minimum wage rises show they rarely want real wages to rise
The post Business groups say they want higher wages, but their actions show the opposite appeared first on The Australia Institute.
The latest wage rises from enterprise agreements show good improvement, but overall, workers continue to see their wages lag behind inflation
The post Stronger wages growth from enterprise agreements, strongest from unions appeared first on The Australia Institute.
This year’s election had the lowest turnout for a century. For the first time since compulsory voting was introduced for the 1925 federal election, turnout fell below 90%.
The post Voter turnout in the 2022 federal election hit a new low, threatening our democratic tradition appeared first on The Australia Institute.