16 May 2022
Labor Wage Hike To Accelerate Inflation, Punish Mortgage Holders And Small Business
Preliminary research released today by the Institute of Public Affairs has identified that a 5.1% wage hike as proposed by Labor leader Anthony Albanese could over the next twelve months: lead to a 2.25 percentage point increase to inflation, taking inflation from the current rate of 5.1% to 7.36%; push mortgage rates up by 57 basis points, taking the average
21 August 2019
The First Rung: The Role Of Low-paid Work In Building Success
The Institute of Public Affairs (IPA), Australia’s premier free market think tank, is dedicated to preserving and strengthening the foundations of economic and political freedom. The Parliamentary Research Brief program is designed to provide politicians and policy makers around the country with succinct information on various policy areas. Our new research brief outlines the importance of low-paid work in providing
15 February 2018
Lower Taxes Will Benefit All Australians
Daniel Wild explains how lower taxes on businesses increase wages.
14 February 2018
Employment and Wages in the Western Australian Public Sector
Our latest research brief reports on the trends of the size, cost and wages of the Western Australian public service using statistical measures from the Australian Bureau of Statistics and the Western Australian Public Sector Commission. A copy of the PRB can be read below or downloaded here.
5 February 2018
Six Myths About The Business Tax Cut
Our new research brief debunks six myths surrounding the Turnbull government’s proposal to cut the company tax rate to 25 per cent from 30 per cent. Australia has a high corporate tax rate compared with other nations. Reducing the tax rate will increase investment, which will increase competition, output, and, consequently, the demand for Australian workers. This will raise both
1 February 2018
Labor’s ‘Living Wage’ Will Hurt The Poor, Unemployed
True to form, the unions are using clever marketing to beat the drum for a lousy idea. And true to form, that lousy idea is finding its way into the policy platform of the Australian Labor Party. Yesterday, opposition workplace relations spokesman Brendan O’Connor hinted that Labor could adopt the Australian Council of Trade Unions’ calls for what they refer
24 June 2017
Central Bank Has A Strange Idea Of How To Strengthen The Economy
Who wouldn’t like to get a huge pay increase? According to RBA governor Philip Lowe we should all be nagging our bosses for a greater share of the national economic pie. If we all got a huge pay increase that “would be a good thing”. Mind you – keeping our jobs would be a very good thing. Therein lies the
6 June 2017
Another Year, Another Hike In The Minimum Wage
“Another year, another hike in the minimum wage,” said Aaron Lane, legal fellow at the free market think tank the Institute of Public Affairs. “Minimum wage decisions are becoming all too predictable. Every year the employer organisations, such as the Australian Chamber of Commerce and Industry, make a low-ball offer – this year, an increase of $8.10 per week. Every
