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The Latest Breaking News from Australia Institute

Should you leave your money in superannuation or put it towards a deposit for a first home?

Allowing first home buyers to draw their superannuation will likely, over time, push up house prices, according to many leading economists, but are you better off leaving your money in your super fund or pulling it out for a home deposit?

ABC News

Will lifting the minimum wage worsen inflation and raise interest rates?

Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.

ABC News

A clean future or merely greenwashing? Critics claim Coalition's hydrogen plans are a 'fig leaf' for fossil fuels

Plans by the federal government to develop a "clean" hydrogen industry in Australia have been branded greenwashing by critics who say taxpayer money is being used to subsidise fossil fuel activities.

ABC News

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Call to end carbon market 'greenwashing'

Experts have outlined the risks of relying on the $4.5 billion Emissions Reduction Fund as a short cut to net zero but the coalition is standing firm.

AAP

Call to end carbon market ‘greenwashing’

Experts have outlined the risks of relying on the $4.5 billion Emissions Reduction Fund as a short cut to net zero but the coalition is standing firm.

Crikey

Labor’s message that Morrison is ‘all announcement no delivery’ resonating with voters, poll shows

Research shows Labor’s messages most effective of election campaign so far, but Coalition’s economy claims also test well

The Guardian - AU

Silence of the Lambies: just what is Team Jacqui up to in the Tasmanian Senate race?

Jacqui Lambie’s political journey has been loud, colourful and well-documented. The same can’t be said of her candidate vying for a spot in the upper house.

Crikey

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Aust fuel supplies ‘to last only a month’

Filling up at the bowser is a costly exercise for Australians with only 32 days of supplies left amid the conflict in Ukraine, a new report says.

Crikey

Aust fuel supplies 'to last only a month'

Filling up at the bowser is a costly exercise for Australians with only 32 days of supplies left amid the conflict in Ukraine, a new report says.

AAP

More than 90% of Australia’s fuel imported – leaving country vulnerable to shortages, report says

Experts say not enough is being done to reduce petrol consumption and encourage electric vehicle uptake

The Guardian - AU

Morrison government’s $7.4bn in dam commitments could be ‘biggest pork barrel in history’

Exclusive: Report says majority of funds ‘allocated to where the National party vote is highest’

The Guardian - AU

It’s a Tassie thing: the upside-down and inside-out jockeying for Senate benches

There are 350,000 voters who select six senators every half-Senate election and it’s a weirdly wonderful battle for the crossbench.

Crikey

Is a key Jacqui Lambie staffer doing media work for a Lambie Network candidate — on the taxpayers’ money?

The independent senator says she fighting for those who need a leg up. But is she giving herself a leg up in the process?

Crikey

Gains for Labor in three post-budget polls, as budget has weak response compared with historical record

The polls presented here are in addition to Monday’s Newspoll (54-46 to Labor) and Ipsos (55-45 to Labor), which I covered here.

The Conversation

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The Guardian - AU

‘Judge me on my actions’: can Andrew Forrest become Australia’s clean, green hero?

The billionaire mining magnate known as Twiggy may be emulating Bill Gates with the scale of his philanthropy, but not everyone is convinced

ABC News

Tax rise for low- and middle-income workers possible as LMITO's fate hangs on federal budget

With cost-of-living concerns dogging the government ahead of next week's federal budget and the upcoming election, experts are again questioning whether its tax cuts are directed at those who need them most.

The Guardian - AU

Labor government would present second 2022 budget to correct ‘decade of rorts and waste’, shadow treasurer says

Jim Chalmers says if elected, an Albanese government will deliver a ‘proper’ budget before the end of the year to amend ‘damage of the last 10 years’

The Conversation

Western Sydney will swelter through 46 days per year over 35°C by 2090, unless emissions drop significantly

If emissions continue to accelerate, Western Sydney can expect to endure up to 46 days per year over 35℃ by 2090, a new analysis from the Australia Institute finds. This is a fivefold increase from the historical average of just under nine days of extreme heat per year.

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The Guardian - AU

Men on high incomes to take lion’s share of Coalition’s $184bn tax cuts, analyses find

Government’s ‘trickle down disaster’ will further entrench inequality between men and women, Greens say

The Guardian - AU

Coalition has slashed $526m from ABC – and most Australians want funding restored

Australia Institute poll finds 52% want the $84m withdrawn in the last three years restored as the broadcaster reveals extent of cuts since 2014

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