Dr Richard Denniss
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richarddenniss.bsky.social
Dr Richard Denniss
@richarddenniss.bsky.social

Co-CEO at The Australia Institute

Economist, Author of books and writer of columns often for Saturday Paper, The Monthly & The New Daily (previously The Guardian, Australian Financial Review)

Richard Denniss is an Australian economist, author and public policy commentator, who is the Executive Director of The Australia Institute. and a former Associate Professor in the Crawford School of Public Policy at the Australian National University in Canberra. .. more

Economics 33%
Political science 22%

Reposted by Richard Denniss

“Australia is rich,” writes Richard Denniss. “Despite this, our business community remains determined to keep this one of the lowest taxed countries in the world, which makes those of us who rely on public schools, public hospitals and public transport feel poor.” satpa.pe/GfZyXiM
The fight Chalmers has to have
ANALYSIS: Having finally persuaded most voters that it is the better economic manager, Labor is well placed to pursue an obvious solution to the problems to come.
satpa.pe

Reposted by Richard Denniss

In Australia, about one in six children lives in poverty, nearly a million overall, writes Jack Thrower, Senior Economist at The Australia Institute.

Read more on The Point.

https://thepoint.com.au/explainers/251223-australias-season-of-generosity-and-kindness-doesnt-extend-to-kids-in-poverty
Australia’s ‘season of generosity and kindness’ doesn’t extend to kids in poverty
How can Australia solve the issue of child poverty?
thepoint.com.au

“The question isn’t “who are we letting into our country?”, it’s “why are we letting grasping politicians spread further hate and division?””

Such a great piece by @amyremeikis.bsky.social

thepoint.com.au/opinions/251...
Australian hearts are shattered – and some would-be leaders have broken them further
There is no denying Australia’s sense of safety has been shattered.
thepoint.com.au

Reposted by Richard Denniss

So go talk to them. Goodbye.

You seem to struggle with the literal limitations of word limits in a format like this. anyone who’s looked at the institutes work knows our agenda is much broader than tax, but i understand how disappointed you are in my ability to include every point in every post.I accept your disappointment

I know i will disappoint you but given interest in the thread others might like to see that there is a coherent policy and political strategy, based on climate science and economics, that underpins our work…but tell me again how disappointing it all is…

To be clear if you lack the political power to stop new gas/coal projects, stop subsidies, & make existing projects pay tax then any ‘plans’ to phase out existing ones are irrelevant. Making the gas industry fight to avoid paying tax/for the gas we give them helps show how little they ‘provide’

For the 37th time…the Australia Institute has done far more than most to promote the need to reduce fossil fuel supply. While ‘plans’ are irrelevant our strategy, and policy prescriptions, have revolved around the need to stop building new fossil fuel projects.

Reposted by Richard Denniss

Tax data released with this years' MYEFO shows Australia's highest income earners continue to receive the vast bulk of tax benefits.

Not good news for people who might be feeling the pinch before Christmas.

📺co-CEO Richard Denniss on Today
#auspol @richarddenniss.bsky.social

Jim Chalmers has done a good job of managing the small stuff but Australians need a treasurer thinking much bigger than “what would Sussan Ley say about that?” Our preoccupation with the size of the deficit has blinded us to the huge opportunities we face www.thesaturdaypaper.com.au/news/politic...
The fight Chalmers has to have
ANALYSIS: Having finally persuaded most voters that it is the better economic manager, Labor is well placed to pursue an obvious solution to the problems to come.
www.thesaturdaypaper.com.au

Reposted by Richard Denniss

Miners exaggerating tax. Again.

What's new is that this is so demonstrably false.

Will they take down false ads? If you see this ad after today, please let me know.

Debunked on @thepointau.bsky.social here, more below: thepoint.com.au/factchecks/2...

Reposted by Richard Denniss

"In a rollicking brawl for energy resources, it seems as if we’re politely holding the door open for others to snare our gas reserves, with Australia insisting: 'No, you first'.” satpa.pe/3zAPWAi
Courage needed on gas policy
ANALYSIS: “We need better local gas pricing For Australia, that means doing something hitherto unthought of: telling multinationals that the cost of doing business here is to provide better prices for Australians. These firms can then make up the difference through their export price.”
satpa.pe

Reposted by Richard Denniss

"What is the point of intelligence that can identify environmental protesters but cannot link a cache of guns to a known extremist connection?"

Strong piece on #ASIO #bondibeach #auspol by
@UrbanWronski (repub)
michaelwest.com.au/bondi-attack...
The Billion Dollar Balcony. ASIO's sovereignty failure - Michael West
"Bondi deserves better ... Australia deserves better". David Tyler examines ASIO's security failure in Australia's deadliest terror attack.
michaelwest.com.au

Reposted by Richard Denniss

Here is the highest form of technofeudalism: technocolonialism! www.ft.com/content/cd17...
Bitcoin investor plans Caribbean community — with its own court system
Some locals on island of Nevis oppose libertarian project, calling it ‘state within a state’
www.ft.com

Reposted by Richard Denniss

Parliamentary perks, quirks and jerks.

Reposted by Richard Denniss

Right up there with one of the best things @nickfeik.bsky.social has ever written.

A must read.

👉 nickfeik.substack.com/p/a-rare-win

*cough-former730host-cough*

If giving tax breaks to people to buy multiple houses was likely to push house prices down, then buying houses would be a pretty crap investment and no one would do it.

Who wants to buy an asset that government policy is going to lower the value of?

thepoint.com.au/opinions/251...
Fixing the housing crisis isn’t complicated, governments just don’t want to do it
The easiest way to boost the supply of housing in Australia would be for governments to build new houses. And the easiest way to provide affordable rental accommodation would be to rent the new govern...
thepoint.com.au

Isn’t it nice that we don’t need to check how the wealthy use their taxpayer generosity…i suppose they wouldn’t be rich if they weren’t trustworthy…obviously we can’t apply such trust to those receiving other forms of government support

Reposted by Richard Denniss

New:
A piece about journalism today, its trials and consolations
A rare win
On investigative journalism and its consolations
nickfeik.substack.com

Yep…pub test? Media interest?

Reposted by Adrian Vickers

Did you know those over 55 can sell their house, buy a bigger, more expensive house, and use the ‘downsizer’ scheme to put $300k extra into their super

its called the ‘downsizer scheme’ but…you don’t have to actually downsize…FFS

Not sure that passes ‘the pub test’

thepoint.com.au/news/251213
The rich get tax advice; the poor get lectures: super tax saga lays bare a skewed system
A new report on the amount of revenue expected to be raised by the changes to superannuation tax on balances over $3m highlights yet again how the tax system is weighted in favour of the rich and that...
thepoint.com.au
The big reason electricity cost so much is gas. Gas is the most expensive form of electricity generation (aside from battery) and yet often determines the price.

Tax gas exports, raise $17bn, help compensate households and also fund the transition to zero emissions
The Albanese govt is considering an East Coast gas reservation policy. And ok... but how about putting a 25% tax of gas exports so we stop giving it away for free?

The shape of the economy matters as much as the size…investment in renewables & coal mines both lift GDP, but one improves the future & one harms it…our MPs should talk as much about the shape of economic activity as its rate of growth

Great podcast

thepoint.com.au/podcasts/251...
Is this growth...good?!
The point.com.au
thepoint.com.au

It’s no accident that foreign streaming services do little to promote Australian music and podcasts to Australians…and it’s no accident that our governments have chosen not to do more to fix it. Local content matters more in the digital age than ever

thepoint.com.au/news/251204-...
Why your Spotify Wrapped probably doesn’t have any new Australian music on it
If you don't have Australian artists on your Spotify Wrapped, you're not alone - it's the result of a structural, not individual, problem.
thepoint.com.au

AI is great some things, OK at some & terrible at many…and it often just makes shit up…including indigenous words

“the model then fabricated Indigenous language phrases to include in the Acknowledgement, without being asked, creating words that don’t exist.

thepoint.com.au/opinions/251...
What teachers need to know before using AI for Indigenous Education
If you ask ChatGPT to write a Welcome to Country, it might caution that only an elder can deliver a Welcome and instead offer you a template of an Acknowledgement of Country. There’s just one problem:...
thepoint.com.au

Climate change will ‘create’ lots of jobs, eg 2000 extra jobs to process the claims from Brisbane floods

Time for new thinking re what kind of jobs we want, not just how many…building new gas & coal doesn’t just cause disasters it diverts workers from useful tasks thepoint.com.au/opinions/251...
Rebuilding after climate chaos 'creates jobs', but isn’t economic progress
Climate change will create jobs, but rebuilding what’s been destroyed is not progress.
thepoint.com.au

How weird…one minute we are supposed to have a gas shortage (hint: we didn’t) and now we are going to let AI data centres build new gas fired electricity generators to ensure they have enough electricity…

Its as if everything the government says about gas is BS #climate

Fresh from outsourcing our foreign detention centres, now we are outsourcing our soft diplomacy… DFAT is rattling the can and has asked Westpac to ‘do us a favour’ and sponsor PNG’s new rugby league team…but do we really want our Govt to ‘owe’ our big banks?

thepoint.com.au/opinions/251...
Neoliberalism has won: Australia is privatising its foreign policy
Who would have thought it possible? The Government is reportedly going cap-in-hand to the corporate sector to fund its most recent foray into “soft diplomacy” – the PNG Chiefs NRL team.
thepoint.com.au