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Economic forecasting

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Economic forecasting
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Report

Norwegian cheque: who profits from oil in the Bight?


This report reveals that if Norwegian company, Equinor, is given permission to drill for oil in the Great Australian Bight, it will likely pay the Norwegian government more than it will pay in Australian government taxes and up to 27 times more than they will pay to the South Australian government.
Policy report

Jumpstart productivity: new modelling pinpoints better tax cut program


This report argues that there is an urgent need for the Australian government to conduct dynamic tax modelling as a fundamental part of their tax analysis process; following the commendable lead taken by the UK Treasury.
Report

The global competitiveness report 2019


Ten years on from the GFC, the world economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10 trillion by central banks. The latest Global Competitiveness Report paints a gloomy picture, yet it also shows that those countries with a holistic approach to socio-economic challenges, look...
Report

The cost of doing nothing


This report, prepared by the world’s largest humanitarian network, warns that the number of people needing humanitarian assistance every year as a result of climate-related disasters could double by 2050. It suggests that this rising human toll will come with a huge financial price tag, with climate-related humanitarian costs ballooning to US$20 billion per year...
Report

Does higher superannuation reduce workers’ wages?


Despite many claims to the contrary, this paper finds there is scant empirical evidence of a causal relationship between superannuation increases and low wage growth and it suggests that increasing the Superannuation Guarantee 2.5 percentage points will give workers a share of productivity they have not been getting in the market – with minimal loss.