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Australia’s governments are rightly spending record amounts trying to cushion Australian workers and businesses from the worst impacts of this unprecedented crisis. This paper shows that the economic shock from COVID-19 is going to be so big that more support will be needed.
This working paper uses administrative data on 80,000 federal workplace agreements made between 1991 and 2018 to show that about 80 per cent of the cost of increases in super is passed to workers through lower wage rises within the life of an enterprise agreement...
Younger consumers are spending more on private hospital insurance, but getting less value for their money. The industry faces major issues, as costs for older people rise and younger people leave. This report lays out a transition to make private hospital care better value for...
This paper argues that the economy is softening, the budget position is uncertain, and calls for the Morrison Government to use fiscal policy to stimulate the economy are growing. Tax cuts now could provide that stimulus, but there are big risks from locking in major...