Wages

IPA State Economic Scorecard 2024 – Western Australia Best Performing State, Victoria Economic Basket Case
12 March 2024

IPA State Economic Scorecard 2024 – Western Australia Best Performing State, Victoria Economic Basket Case

“Although the focus of economic policy is usually at the federal level, decisions made by state governments have real-world consequences for families and businesses. With economic headwinds gathering, measuring state government performance is critical,” said Lachlan Clark, Research Fellow at the Institute of Public Affairs. Today, the IPA released its State Economic Scorecard 2024, ranking the performance of Australian states
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State Economic Scorecard 2024
12 March 2024

State Economic Scorecard 2024

Key Findings This research note assesses the performance of each Australian state across ten key economic measures, to develop a state economic scorecard. The measures use the most recently available data across a variety of macroeconomic metrics, and finds: Table A: Relative strengths and weaknesses of Australian states in key economic measures
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Labor Wage Hike To Accelerate Inflation, Punish Mortgage Holders And Small Business
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
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The First Rung: The Role Of Low-paid Work In Building Success
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
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Lower Taxes Will Benefit All Australians
15 February 2018

Lower Taxes Will Benefit All Australians

Daniel Wild explains how lower taxes on businesses increase wages.
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Employment and Wages in the Western Australian Public Sector
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.
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Six Myths About The Business Tax Cut
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
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Labor’s ‘Living Wage’ Will Hurt The Poor, Unemployed
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
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Central Bank Has A Strange Idea Of How To Strengthen The Economy
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
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Another Year, Another Hike In The Minimum Wage
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
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