Tag Archives: penaltyrates

IR reforms could improve employment opportunities for young Australians

Almost eight years after the 2008 financial crisis, young Australians still face a significantly tougher job market than before the crisis. To illustrate, the employment-to-population ratio for young Australians aged 15 to 24 remains well below rates experienced prior to … Continue reading

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Go Qld campaign moves on to attack payroll tax and penalty rates

The Courier-Mail’s terrific “Go Queensland” campaign has today moved on to the issues of payroll tax and penalty rates, both of which I covered in my paper for the Jobs Growth Summit last week (see related post). I am quoted … Continue reading

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Penalty rates reform should be considered as way to reduce youth unemployment

New labour force data from the ABS yesterday showed that Queensland ended 2015 with solid employment growth, and with the unemployment rate falling slightly further to 5.8 per cent, as the Queensland economy remains resilient at the end of the … Continue reading

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Unemployment rate is partly a policy choice – cut regulation to create jobs

Upon the retirement of Treasury Secretary Ted Evans in 2001, then Prime Minister John Howard noted: Ted…has been a leading contributor to public debate, particularly issues of structural reform, such as the functioning of the labour market. He highlighted the … Continue reading

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IR reform should have same priority as tax reform

Jessica Irvine has a great piece in the News Limited media today on how Tony Abbott must act now to reverse Australia’s economic demise. I agree with her that reforming the tax system is extremely important, but I’m surprised she … Continue reading

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Penalty rates reform a priority given youth unemployment rate

The Easter long weekend has once again highlighted the adverse impact penalty rates are having on the hospitality sector, with the Courier-Mail reporting restaurants close over Easter as penalty rates see wages skyrocket. I’ve commented before on how penalty rates make it … Continue reading

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Reduce youth unemployment through improved regulation – e.g. of penalty rates, taxis

With overall unemployment creeping up to 6%, unemployment among 15 to 24 year olds, which tends to be naturally higher anyway and ends up even higher when the economy slows, has increased to over 15% and has re-emerged as a … Continue reading

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