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 to Queensland.

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 involved.

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.

This paper examines the current status of consumer credit and the market for Buy Now, Pay Later (BNPL) credit products.

While significant concerns have been raised about the inflationary impacts of a five percent increase in the minimum wage, in reality, the authors of this paper argue that the direct inflationary impact of a five percent increase in all wages is only 1.27 percent, and even when the second round impacts are included the increase...