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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

South Korea: Lotte and Shilla are withdrawing operations at the Incheon Airport

Lotte and Shilla are two of South Koreas leading major duty-free operators. Both have opened outlets inside the Incheon Airport Terminal 1, but they will be vacating the area next month, according to the reports. The...

Germany asks Taiwanese semiconductor companies to help end the chip shortage worldwide

There is a worldwide issue with semi-conductor chips supply for cars, and Germany stepped up to resolve the problem. It was reported that the country asked manufacturers in Taiwan to help with easing the chips...

Toyota Group ramping development of fuel-cell vehicle, parts

The Toyota Group is ramping efforts in developing hydrogen fuel-cell vehicles and its parts to meet the global demand for eco-friendly cars. Last month, Toyota Motor Corp. released its second-generation hydrogen-powered...

S. Korean excavator makers Doosan, Hyundai expected to sustain China sales

Exports of South Koreas two excavator makers Doosan Infracore Co. and Hyundai Construction Equipment rose 19 percent to US$200 million in December from the previous year ago, mainly due to a boom in Chinas construction...

Politics

Ivanka Trump, Jared Kushner reportedly want 'clean break' after serving in Trump administration

White House adviser Ivanka Trump and her husband Jared Kushner are looking to Florida as their next stop after their time in Washington DC. The couple is reportedly looking to take a break after serving in the Trump...

Joe Biden reaffirms US-UK ties in phone call with Prime Minister Boris Johnson

One of the things Joe Biden has sought to do as president was to restore the US ties with its allies, among them being the United Kingdom. Biden recently spoke to the UKs Prime Minister Boris Johnson, the two leaders...

Donald Trump revelation: Ex-POTUS reportedly planned to fire acting AG in bid to overturn election

Donald Trump may no longer be able to claim voter fraud or a stolen election now but recent reports revealed how desperate the former president was to overturn results. Reports have emerged that Trump was planning to fire...

Donald Trump election loss: Mar-a-Lago members reportedly quit in an effort to distance from ex-POTUS

Donald Trump has reverted back to being a private citizen as of last week, yet he still faces legal battles on the way. However, that may not be all he is currently facing as his own Mar-a-Lago resort is also experiencing...

Science

What to feed ducks – according to science

The simple things in life sometimes bring the greatest joy like feeding the ducks at your local pond. The next time you pay your feathered friends a visit, consider introducing some variety into the food you give them....

Yellowstone volcano: USGS warns of possible eruption

Many scientists are keeping watch over the activity occurring in the Yellowstone volcano because of its potential to inflict large-scale damage in the United States. Now, scientists at the USGS have now warned of a...

Mars mission: NASA scientist says Martians can help humans live on Red Planet

Being able to live on Mars is one of the goals that space agencies all over the world have when it comes to exploring the red planet in future Mars missions. Although it may take a while to figure out how we may be able to...

Black holes: Albert Einstein's theory may save Earth from wandering black holes

Black holes are one of the most mysterious objects in the universe and were first brought up by renowned scientist Albert Einstein. With the possibility of wandering black holes being able to consume our own planet, the...

Asteroid alert: 16-meter space rock to pass by Earth on New Year weekend

With days to go until the Earth completes another year around the Sun, it appears that the universe also has plans to celebrate the new year along with us. An asteroid is set to pass by our planet a few days after the new...

Technology

‘Dying Light 2’ Collector’s Edition leak suggests bundle comes with UV flashlight, secret location map

The update that fans of Techlands survival horror title have been looking for may have recently emerged in the form of an information leak. A Collectors Edition of Dying Light 2 was reportedly listed on a retailers website...

‘Among Us’ Nintendo Switch edition reportedly sold 3.2 million copies in December 2020

It should no longer come as a surprise that the first console launch of Among Us turned out to be a massive success. The multiplayer games Nintendo Switch edition has reportedly sold millions just weeks after it was...

‘Diablo 2’ remake’s development now involves Vicarious Visions, report says

A reliable gaming industry insider reported that the highly requested Diablo 2 remake is in the making. Activisions recent reorganization is also said to be directly related to the ongoing project making Vicarious Visions...

Xbox Live Gold no longer required for free-to-play multiplayer ‘in the coming months’

Microsoft has officially canceled its previously announced Xbox Live Gold price hike. To make peace with disgruntled gamers, the company also announced a massive change in its policy regarding free-to-play multiplayer...

iPhone 12 should be kept at a 'safe distance' from medical devices, Apple says

Apple has updated its support page specifically for iPhone 12 owners who also use medical devices. The company says there is no known severe risk in having them around simultaneously but still advises people to keep a safe...
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