Parliamentary Research Briefs

3 Reasons Why Westpac is Wrong on Coal
11 May 2017

3 Reasons Why Westpac is Wrong on Coal

Westpac’s new Climate Change Action Plan limits new thermal coal lending to existing basins and to projects with an energy content of at least 6,300kCal/kg23. If adopted by all financial institutions and applied to current projects, most of Australia’s current coal-fired power generators and energy coal export mines would need to bank overseas. Rather than setting artificial benchmarks that would damage
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Abolish The Australian Communications And Media Authority
7 April 2017

Abolish The Australian Communications And Media Authority

The Australia Communications and Media Authority (ACMA) should be abolished. 1. The ACMA is a threat to free speech. 2. The ACMA’s functions are redundant. 3. The ACMA imposes costs on the Australian economy. The IPA recommended abolishing the ACMA in Be like Gough: 75 radical ideas to transform Australia.   Download the full report here
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Business Investment In Australia Now Lower Than Under Whitlam
8 March 2017

Business Investment In Australia Now Lower Than Under Whitlam

Business investment in Australia is 12.2% of GDP and is forecast to fall to a record low nine per cent of GDP by 2020, according to Macquarie Research. During the Whitlam era of economic crisis business investment averaged 13.7% of GDP. Download the full report here
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5 Reasons To Abolish The RET
10 February 2017

5 Reasons To Abolish The RET

The Renewable Energy Target (RET) mandates that 33,000 GWh of electricity – 24 per cent – be generated from renewable sources by 2020. To do this, wholesale energy users, mostly retailers, are required to purchase a certain amount of wholesale energy from renewable sources. Because renewables are typically costlier and less efficient than non-renewables, the RET causes energy prices to
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