Universal welfare is uneconomic

The Australian editorial argues that better means testing is essential to ensure government support is directed to Australians who need it most. It endorses Policy Institute Australia’s proposal to reform pensions, aged care, childcare and parental leave, saying the changes could save up to $21 billion a year while improving the fairness and sustainability of […]

Tax Perks Flow To High-Earning Parents

Australian taxpayers are set to fund $2.7 billion in combined paid parental leave and childcare subsidies for households with incomes above $300,000 in the next financial year, according to Policy Institute Australia.

Could your home soon count towards the pension test ...

YourLifeChoices has highlighted new research from Policy Institute Australia proposing changes to Age Pension means testing, including counting a portion of high-value homes in the assets test. The report argues the reforms would better target support to those most in need while improving the long-term sustainability of Australia’s retirement income system.

Welfare means test reform ‘to free $21bn’

Policy Institute Australia has proposed reforms to save up to $21 billion a year by better targeting government support. The changes focus on pensions, aged care, childcare and parental leave, directing assistance to those most in need. The report argues the reforms would make the welfare system fairer and more sustainable.

Taxpayers give $2.7b to rich families in childcare, ...

Policy Institute Australia estimates taxpayers provide $2.7 billion each year in Child Care Subsidy and Parental Leave Pay to high-income families who need little government support. The report argues current income thresholds are too generous and no longer well targeted. It recommends tightening means testing to better direct assistance to lower- and middle-income households while […]

Bombshell HECS-style plan for older Aussies

Policy Institute Australia has proposed major reforms to Australia’s welfare system, including counting high-value homes in the Age Pension assets test and introducing a HECS-style Retirement Contribution Scheme. The reforms aim to better target support, improve fairness, and save up to $21 billion a yea

True cost of winter heating revealed as some househ ...

Aussies are facing skyrocketing heating bills this coming winter, as rising power prices continue to increase the cost of living. Many Aussies are facing growing anxiety over how to pay for the bare necessities. Households in the ACT and South Australia face the steepest heating costs this winter, as a new iSelect analysis lays bare […]

Coalition appeals for states to act on grid as supe ...

The Coalition is calling for a major overhaul of Australia’s electricity grid, including shifting planning powers to states and increasing competition, amid concerns that rising network costs and investor returns are driving up household energy bills. At the same time, tension is growing between policymakers seeking to contain costs and investors pushing for higher returns […]

True cost of going green on power

East coast households could
face a staggering $600 a year
increase in electricity bills
without major changes to the
delivery of the nation’s energy
transition infrastructure, new
modelling has found.

Household energy bills to rise by $600 a year for g ...

The cost of transforming the electricity grid is set to add at least another $600 a year to household energy bills, according to new research from Policy Institute Australia, prompting calls for major changes to the way governments approach the development of energy transmission infrastructure.