With so much attention on the economy through the federal government’s two-day jobs summit, there is increasing pressure on Prime Minister Anthony Albanese to dispense with the stage three tax cuts due in mid-2024. This is the final, massive stage of the previous Coalition government’s tax cuts, which will cost more than $240 billion over a decade.

Michelle Grattan writes that while some critics, such as the Greens and crossbench senator David Pocock, argue the cuts will most benefit the very highest income earners and want the government to dispense with them, Albanese is not willing (at least in the near term) to go back on a promise he took to this year’s election, and one the government says will benefit a lot of middle-income earners.

In a separate piece, Grattan reports that Workplace Relations Minister Tony Burke will legislate to allow multi-employer bargaining, at present only permitted in limited circumstances and opposed by large parts of the business community, but supported by unions and the peak body representing small businesses.

Meanwhile, renewable energy expert and former Hawke government economic advisor Ross Garnaut told the summit Australia could drive unemployment down much lower with the proper policies and a determination to take advantage of the opportunities opened up by the world’s transition to net zero emissions. This morning we publish an edited extract of his remarks, and also those of the Grattan Institute’s Danielle Wood, who outlined three priorities for future-proofing Australia’s economy.

Amanda Dunn

Politics + Society Editor

Grattan on Friday: Should Anthony Albanese keep his word on the Stage 3 tax cuts?

Michelle Grattan, University of Canberra

The final, mega stage of the Coalition’s tax cuts, worth more than $240 billion over a decade, are now in the gun sights of many critics, who are calling for Anthony Albanese to dump his promise to deliver them

How to get to full employment: Ross Garnaut’s address to the jobs summit

Ross Garnaut, The University of Melbourne

Australia hasn’t tried hard enough to deliver full employment. We are well-placed, if we play to our natural strengths – including having the best solar and wind resources in the developed world.

The jobs summit needs to think big: here are 3 priorities for future-proofing Australia

Danielle Wood, Grattan Institute

Like Australia, the Australian economy is getting older and slower. Revitalisation should start at school.

Good news – there’s a clean energy gold rush under way. We’ll need it to tackle energy price turbulence and coal’s exodus

Bjorn Sturmberg, Australian National University

Coal plants are exiting the grid faster than expected. We’ll need to redouble efforts to add flexibility into our energy systems and build renewables and storage.

The Artemis I mission marks the start of a new space race to mine the Moon

Cassandra Steer, Australian National University

Lunar mining and geopolitical squabbles are set to play key roles in humanity’s return to the Moon.

Friday essay: Joanna Bourke, the NSW arts minister, and the unruly contradictions of cancel culture

Jennifer Ann McDonell, University of New England

Defenders of free speech are often the same people who seek to silence those they do not happen to agree with.

Politics + Society

Health + Medicine

Science + Technology

Environment + Energy

Education

Business + Economy

 

Featured jobs

View all
The Conversation AU
Melbourne VIC, Australia • Full Time
University of Tasmania
Launceston TAS, Australia • Full Time
Australian National University
Canberra Australian Capital Territory, Australia • Full Time
List your job
 
 
 
 
 

Featured Events, Courses & Podcasts

View all
Net Zero Emission Mining WA Conference 2022

1 - 2 September 2022 • Perth

The Conversation: Behind the Curtain

5 September 2022 • Melbourne

Melbourne Connect Innovation Week

5 - 9 September 2022 • Carlton

Social Sciences Week

5 - 11 September 2022 • Online

Promote your event or course
 

​Contact us here to list your job, or here to list your event, course or podcast.

For sponsorship opportunities, email us here