Wednesday’s National Cabinet meeting set itself a huge task: to fix Australia’s rental crisis. Thankfully, given rents are rising at their fastest rate in decades, the plan it produced just might do the trick. (more…)
Exploitation of migrant workers in Australia is rife, a new Grattan Institute report has found. (more…)
The Financial Review’s political editor, Phillip Coorey, wrote last week that when it comes to superannuation policy, the Grattan Institute “increasingly resembles the financial policy arm of the Greens”. I am not exactly sure what that means – and I am Grattan’s lead on super policy – but I’m pretty sure he didn’t mean it as a compliment. (more…)
Businesses are crying out for more workers. But boosting permanent migration won’t fix their problem. Here’s why. (more…)
The idea that young Australians should be able to dip into their super to help buy their first home keeps going round and round. The most recent iteration put forward by the Coalition’s Tim Wilson and a clutch of other backbenchers has the catchy slogan Home First, Super Second.
No one is as quick to defend Australia’s superannuation system, and the legislated plan to increase compulsory superannuation to 12 per cent of wages by 2025, as its architect, former Prime Minister Paul Keating. But as is often the case when fundamental assumptions are questioned and legacies are at stake, the rhetoric has become more heated and the analysis less careful. (more…)
Lowering the overall level of unemployment benefits that job seekers are going to receive in the middle of a recession is likely to cost jobs.