Latest News and Opinion

1 February 2019

The proposed federal corruption watchdog needs more teeth

The Federal Government’s proposal to establish a Commonwealth Integrity Commission is an important and timely initiative. But as this Grattan Institute submission shows, the CIC will need more powers and resources than currently proposed if it is to be effective at weeding out corruption and serious misconduct.

30 January 2019

Learning the lessons of a power blackout near-miss

The rolling power cuts during Victoria’s summer heatwave simply underscore the need for investment certainty that the National Energy Guarantee would have created.

28 January 2019

Lift teacher status to improve student performance

There are no easy fixes to the entrenched problem of low teacher status in Australia. Making entry to teaching more selective would be a good first step, but deeper reforms to pay, career and the work environment are also necessary.

23 January 2019

Poorly considered market interventions: an inefficient path to lower power prices

Australians want cheaper power, and they welcome governments taking on the big power companies to deliver that result. But hasty government intervention risks making things worse rather than better. In this submission to a Senate committee, Grattan’s Tony Wood and Guy Dundas warn that a short-term ‘company bashing’ approach may prove counter-productive.

16 January 2019

35 degree days make blackouts more likely, but new power stations won’t help

Summer is here with a vengeance. On hot days it’s very likely something in the power system will break and cause someone to lose power. And the weather bureau expects this summer to be hotter and drier than average – so your chances of losing power will be higher than normal.

11 January 2019

Graduate employment is up, but finding a job can still take a while

Four years on from the worst new graduate employment outcomes ever, the 2018 statistics released today show cause for optimism. Although full-time employment rates remain well down on a decade ago, they are improving.

10 January 2019

Productivity Commission finds super a bad deal. And yes, it comes out of wages

Want more to retire on? In its long-awaited final report on the efficiency and competitiveness of Australia’s leaky superannuation system, Australia’s Productivity Commission provides a roadmap.

19 December 2018

Taxing inheritances might be unpopular, but it’s fair

Estate taxes are worth serious consideration. With society-shaping wealth transfers expected to grow over the next two decades, the time to have the conversation is now.

19 December 2018

NSW becomes the key to NEG 2.0

Once upon a time, Australians could take pride in a winning men’s cricket team and a reliable supply of low cost energy. Both have taken a battering in recent times. Yet recent events might just provide some Christmas cheer for both.

17 December 2018

More mirage than good management, MYEFO fails to hit its own targets

The Morrison government wants next year’s election to be about economic management. So understandably, it’s using the improved bottom line in the Mid Year Economic and Fiscal Outlook (MYEFO) to talk up its economic credentials. But the numbers in MYEFO show it has failed to hit many of its own targets.