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Brendan Coates

Brendan Coates

Fellow, Grattan Institute

Brendan is a fellow at the Grattan Institute. Before joining Grattan, Brendan worked with the World Bank in Indonesia, and prior to that, he undertook a number of roles with the Australian Treasury, including as part of the Treasury’s China Policy Unit. Brendan holds a Masters of International Development Economics from the Australian National University and Bachelors of Commerce and Arts from the University of Melbourne.

Now we'll need $100-$120 billion. Why the budget has to spend big to avoid scarring

Sep 09, 2020 06:33 am UTC| Economy

Australia is in for a long and damaging economic slump, unless governments inject substantially more fiscal stimulus. The July budget update forecast that unemployment would hit 9.25% in coming months. The Treasury...

Early access to super doesn’t justify higher compulsory contributions

Aug 09, 2020 22:44 pm UTC| Economy

A big part of the Morrison governments response to COVID-19 has been allowing people early access to their superannuation. Australians who have claimed hardship have applied for A$30.7 billion to date. This has been...

Money for social housing, not home buyers grants, is the key to construction stimulus

Jun 03, 2020 15:15 pm UTC| Economy

Theres no doubt Australias construction industry is facing tough times. COVID-19 has caused migration to slow to a trickle. Some 2.6 million Australians have either lost their jobs or had their hours cut in the past two...

Think superannuation comes from employers' pockets? It comes from yours

Feb 03, 2020 12:17 pm UTC| Insights & Views Economy

A key question for the governments retirement incomes review is who ultimately pays for compulsory super contributions, especially since they are set to climb from 9.5% of wages to 12% over the next five years. Legally,...

Rudd's rental affordability scheme was a $1 billion gift to developers; Abbott was right to axe it

Sep 10, 2019 20:38 pm UTC| Insights & Views Real Estate Politics

Most Australians are spending more of their income on housing than they used to, but low-income households are being squeezed the hardest. Many are in poverty, and many more are suffering financial stress. A growing...

$20 billion per year. That's how much higher superannuation could take from wages

May 03, 2019 17:10 pm UTC| Insights & Views Economy

Stagnant wages are a huge issue in this election campaign. So it is odd that both major parties are hanging onto a policy that will take more out of workers pockets. Lifting compulsory superannuation contributions...

Why we should worry less about retirement - and leave super at 9.5%

Nov 08, 2018 17:29 pm UTC| Insights & Views Economy

Its conventional wisdom that Australians dont save enough for retirement. Most workers themselves think they wont have enough to retire on, and their concerns are rising. But the conventional wisdom is wrong. Our new...

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Economy

Afghanistan inks $160 million solar and wind power deal with US, Turkey, India.

Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16...

UAE, Israel eye energy, infrastructure cooperation

The energy ministers of the UAE and Israel explored possible investment opportunities in energy, infrastructure, oil, gas, and renewable energy in a video call on Wednesday. The two countries also focused on advanced...

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

Politics

Joe Biden, Kamala Harris receive endorsement from Dwayne 'The Rock' Johnson

With almost a month left until the November elections, Democratic presidential nominee Joe Biden and his running mate Kamala Harris are set to face Donald Trump and Mike Pence in the upcoming debates. Recently, the...

Barack Obama: Ex-POTUS joins Kamala Harris for Democratic fundraisers

Since endorsing his support for his former colleague Joe Biden, former President Barack Obama is actively campaigning for the Biden-Harris ticket by appearing in various events and fundraisers. This week, he will be...

Donald Trump: POTUS' tax returns revealed

For a long time, Donald Trump has often evaded the demand to look into his own income taxes. A piece by the New York Times over the weekend revealed how much Trump paid in federal income taxes over the years. The piece,...

World War 3: South Korean official shot and killed by North Korean soldiers

Tensions between North and South Korea remain in the midst of a global pandemic, with concerns of an all-out conflict or world war 3 ensuing between the two. Fears have been stoked as it was revealed that a South Korean...

Science

Asteroids: 59 to 130-meter asteroid to pass by Earth today

NASA is constantly on the lookout for asteroids that are coming towards Earth. One asteroid is set to approach Earth today, but will not pose a threat. An asteroid measuring between 59 to 130 meters in diameter is...

NASA: Cyclones on Jupiter captured by Juno spacecraft

NASA is closely monitoring other planets in our solar system for signs of unusual activity in order to learn more about the universe. The Juno spacecraft was able to capture unusual weather within the gas giant as it...

Aliens: Experts claim to develop technology that could potentially detect life outside Earth

Along with exploring asteroids and other planets and phenomena in space, scientists are also looking for possible signs of life. In an effort to ultimately answer the question of whether or not we are alone in the...

COVID-19 cure: UK-based researchers make breakthrough in finding 'druggable pocket' in coronavirus

When it comes to finding or developing a cure for the coronavirus or COVID-19, scientists are still in the midst of research and development with some already moving on to preliminary testing. As a definitive cure for the...

Technology

Xbox Series S vs. Xbox Series X: What’s missing in the cheaper next-generation console

Since video game fans heard the first rumors about the next-generation consoles, most of them were likely primarily concerned about the cost of new hardware. While the Xbox Series X and PlayStation 5 are unsurprisingly...

iPhone 12 mini is now the likely name for upcoming 5.4-inch smartphone

Tech fans are in the final stretch of waiting for the iPhone 12 series to be officially announced. Usually, around this time, most of the information about the upcoming smartphones have been released already, but it...

‘Starfield’: ‘Leaked’ images suggest spacewalk could be a gameplay feature

New information about Starfield has been hard to find since it was announced in 2018. However, fans might already have the first look at Bethesdas highly anticipated game in the form of a leaked image supposedly from an...

‘Cyberpunk 2077’: Night City’s official website has a death counter and annoying pop-up ads

Cyberpunk 2077 developer CD Projekt Red recently launched a real website for the games fictional main location called the Night City. Not surprisingly, it is unlike any official websites for cities and because one of the...
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