Report
Profit-price inflation: theory, international evidence, and policy implications
This research confirms that corporate profits in Australia, despite recent moderation, remain well above historic norms, and must fall further in order to allow a rebuilding of real wages in Australia that have been badly damaged by recent inflation.
Report
In reverse: the wrong way to fuel savings and falling transport emissions
This paper outlines how the growth in the greenhouse gas emissions of Australia’s passenger vehicle fleet is one of the highest among the developed countries.
Briefing paper
Northern direction: If NSW had the Queensland coal royalty system
In 2022, the Queensland Government improved its coal royalty scheme to ensure additional government revenue is generated in times of high coal prices This briefing note estimates the changes to royalty revenue that New South Wales would have generated had the state adopted reforms similar...
Report
From Russia with love: coal profits from war in Ukraine
While debate continues on the appropriate response to Australia’s sky-high coal, gas and electricity prices, the size of the resulting profit windfall for multi-national coal mining companies has not been widely estimated or discussed. This paper takes a closer look at some of the issues...
Discussion paper
Are wages or profits driving Australia’s inflation? An analysis of the National Accounts
The distributional consequences of record high profits and record low real wage growth have been widely discussed in Australia recently, but the data presented in this paper suggests that rising profits are now the major driver of inflation.