Media Releases // Economics

May 2022

April 2022

March 2022

New Research: Australia’s Skills System Continues to Crumble After COVID

Australia’s vocational education and training (VET) system shows growing signs of erosion, fragmentation and dysfunction, according to new research from the Australia Institute’s Centre for Future Work. The research reveals a grim picture of a VET system starved of consistent funding or focus, fragmenting into scattered offerings of non-accredited and ‘micro-credential’ courses, mostly provided by

February 2022

December 2021

November 2021

October 2021

May 2021

Australia’s Electricity Infrastructure Undermined by $1 Billion Per Year Under Investment

The resilience of Australia’s electricity infrastructure is being undermined by a chronic pattern of underinvestment in maintenance and upkeep, the result of rent-seeking by private electricity producers and a deeply flawed regulatory system. That is the conclusion of a detailed review of empirical and qualitative data on the transmission and distribution system contained in a

March 2021

Casual Job Surge Widens Gender Pay Gap

New research, released for International Women’s Day (8 March 2021), shows Australia’s recovery from the pandemic recession has widened the gender pay gap, as women’s jobs returned on a more part-time and casualised basis than for men. The report, by the Centre for Future Work, warns that Australia’s gender pay gap could deteriorate even further

February 2021

Omnibus IR Bill will Further Reduce Wage Growth

New research by the Australia Institute’s Centre for Future Work shows the Federal Government’s omnibus industrial relations bill will lead to a significant increase in employer-designed enterprise agreements (EA) that reduce workers’ pay and conditions, rather than improve them—signalling a return to the WorkChoices pattern of EA-making and putting further downward pressure on Australia’s already record-low wages growth.

December 2020

November 2020

October 2020

480,000 Jobs Rely on QLD Public Service, Cuts Would Deepen the State’s Recession

With state budget deficits a potential issue in the coming Queensland election, new research from the Centre for Future Work shows that cutting public sector jobs and wages would directly undermine the delivery of essential public services at a challenging time in Queensland’s history. Moreover, misplaced fiscal austerity would also hurt the state’s economic recovery by reducing spending, employment and production in the private sector. These effects would be especially severe in regional and remote QLD, which is most reliant on public service jobs.

September 2020

New Analysis: 12,000 Community Service Jobs at Risk Due to Funding Uncertainty

New economic research shows up to 12,000 community service jobs are at risk due to the Federal Government’s failure to confirm whether federal funding for community service organisations will be maintained. The new report released today by the Australia Institute’s Centre for Future Work demonstrates the economic importance of Commonwealth pay-equity funding at a time

August 2020

July 2020

Post-COVID Manufacturing Renewal Represents Potential $50 Billion Boost to Economy

New research from the Australia Institute’s Centre for Future Work reveals that Australia ranks last among all OECD countries for manufacturing self-sufficiency. While this indicator confirms the dramatic decline of domestic manufacturing in recent years, it also reveals the enormous potential benefits that would be generated by rebuilding manufacturing back to a size proportional to our national needs: including $180 billion in new sales, $50 billion in additional GDP, and over 400,000 new jobs.

April 2020

November 2019

‘Go Home on Time Day’ 2019: Australian Employers Pocketing $81 Billion Worth of Unpaid Overtime, Report Reveals

New research from The Australia Institute’s Centre for Future Work estimates that Australian workers are currently working an average of 4.6 hours of unpaid overtime each week, which translates to 6 weeks of full time work without pay, per employee, per year – with an annual worth of $81.5 billion for Australian employers.

October 2019

University-to-Job Pathways Key to Boosting Graduate Employment Outcomes

New research shows active strategies to directly link university degrees to a job are needed, to better support university graduates as they negotiate a rapidly changing labour market. The report, by the Australia Institute’s Centre for Future Work, shows that employment outcomes for university graduates have deteriorated significantly since the Global Financial Crisis, with only

January 2019