Inflation
Briefing paper
Climate and the Economic Reform Roundtable
This paper underlines the impact of climate change on the economy and productivity ahead of the upcoming Australian Government's Economic Reform Roundtable. It finds that climate change and productivity are inextricably linked, concluding that any genuine economic plan for the future would be incomplete without taking into account the impact of climate change.
Report
Solving the crisis: raising the living standards of Australian workers
A report on Australia’s standard of living has found that low real wages, underfunded public services and soaring prices have left many families experiencing hardship and hopelessness. The report documents the origins of the current crisis in living standards and presents a multidimensional progressive policy agenda for the Australian Government.
Report
Stop the creep: restoring fairness to Australia’s tax system
This report suggests that Australia’s heavy reliance on personal income tax is unsustainable and will worsen without reform. Bracket creep is an automatic tax increase that occurs when income tax thresholds remain fixed while wages rise with inflation. This report proposes a straightforward solution: indexing personal income tax brackets to inflation.
Briefing paper
International students and the Australian economy
International students play a significant role in the Australian economy. They contribute to demand through their spending on goods and services and are an important source of labour for some Australian businesses. This article shows that international students tend to add more to demand in the economy than they do to supply in the short...
Report
OECD economic outlook: tackling uncertainty, reviving growth
This report provides a macroeconomic assessment for OECD countries. It notes that global economic prospects are weakening, with the slowdown expected to be most concentrated in the United States, Canada, Mexico and China. For Australia, the report predicts a return to modest growth in 2025-26 but identifies several fiscal and policy actions needed to address...