e61 Institute

COP31 is underway in Türkiye, with Australia’s Minister for Climate Change and Energy, Chris Bowen, running the negotiations. In this week’s plus61, Amy Tramontozzi asks why countries promise more action on climate than they deliver.

e61.in/good-cop-bad-c…

Bracket creep will lift the average worker’s tax rate from 20.5% to 24.1% by 2038, and the increases are uneven across incomes. New e61 research looks at who bears the cost.🧵

The RBA raised the cash rate again this week, and in its decision it is talking more about things it can’t see. Since 2020, mentions of structural or ‘star’ variables have surged in speeches and publications. In this week’s plus61, Gianni La Cava and Aaron Wong look at why leaning on these invisible numbers raises the stakes for accurately measuring them, and how micro data could help bring them into view.

e61.in/the-stargazers…

Does working from home make it easier to have children? New e61 research suggests flexibility alone isn’t enough to lift births 👇1/8

GST has been in the media again in recent weeks, with calls to increase and broaden it while cutting income tax rates to compensate. In this week’s plus61, Josh Clyne (@JoshClyne7) and Matt Nolan (@ZjubNZ) draw on research from the UNSW-e61 partnership to argue that in the long term a GST is just a better income tax – simpler, with fewer gaps and no longer double taxing the decision to save. But a tax-mix switch has transitional effects that could be substantial, including a one-off transfer from older to younger Australians.

e61.in/what-happens-i…