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For more than 40 years, governments and the media, besotted with neoliberalism, have spruiked the need for greater company profits rather than stronger wage growth and household income.  
 
This has driven the push for a smaller government with lower taxes, less government spending and more vital services being delivered private-for profit companies.
 
In boom times such a policy is disguised as a successful case of “trickle down” but in reality it is just a cover for greater inequality and more profits at the expense of workers and those reliant on government payments and services.
 
The past 5 years have seen an unprecedented drop in real wages and falling living standards combined with the Reserve Bank raising interest rates despite the main driver of higher inflation being increased profit margins.  
 
The policy school provides a picture of the state of the economy and how to explain that the solutions are not complex. When living standards have been hit, the government can help. And the most common-sense way to deliver this is to fix how we tax most profitable industry in Australia – gas.  

SPEAKERS:

Greg Jericho — Chief Economist, The Australia Institute

Dr Greg Jericho is the Chief Economist at The Australia Institute. He holds an Honours Degree in Economics from Flinders University. Greg also writes a weekly column on economics and politics for Guardian Australia – a position he has held since 2013. In 2016 he won the Walkley Award for Commentary, Analysis, Opinion & Critique, and was a finalist in the category in 2024 and in 2018 he was a Walkley Award finalist with Gareth Hutchens for their report on the crisis of wages in Australia in the Best Industrial Reporting category. He has also written for ABC, SBS and Meanjin with a focus on policy and journalism coverage of Australian politics

Dr Alice Grundy — Research Manager, The Australia Institute

Dr Alice Grundy is an editor, researcher and teacher, with over 15 years’ experience working in book publishing, and a Visiting Fellow at ANU. She has worked for the public service and has taught at the University of Technology Sydney, the University of Melbourne and Australian National University. She completed a PhD on editing and publishing history at ANU, the first half of which became Editing Fiction: Three case studies from postwar Australia, published by Cambridge University Press.

Who should attend:

The Australia Institute’s Policy School is for anyone interested in how public policy is researched and developed, as well as how to advocate for policy change.
It is designed for policy makers, campaigners, NGOs, academics, and public servants.