Grattan Institute

Earlier this month, The Australian Prudential Regulation Authority, or APRA for short, wrote to home loan lenders across the country to recommend strengthening mortgage lending assessments. The reason for this? The explosive and rapid increase in housing prices due to extended lockdowns and low-interest rates, and a rapid growth in bank lending to buy them. Households are borrowing more money than ever to reach the extraordinary prices needed to secure a home. But is this the right move? Who does it help and who does it hurt? And will it be enough to restrain a market that doesn’t show signs of slowing down any time soon. Or are there more changes yet to come? Join Kat Clay, Grattan's Head of Digital Communications, in conversation with Brendan Coates, on how to rein in property prices in Australia, and whether we should.

Net zero emissions. It’s the target everyone is talking about, from the Federal Government, to foreign governments, and from boardrooms to broadsheets. Although achieving net zero emissions globally is essential for limiting climate change, the target and how we get there are not very well understood. And one of the most contentious issues is offsetting: can we really pay others to reduce their emissions, or pay to suck carbon out of the atmosphere, to balance out our own emissions? Join Tony Wood, the Director of Grattan’s Energy and Climate Change Program, and Alison Reeve, Deputy Director, as they discuss their latest net zero report with co-author, James Ha, Associate.

In 2019, the agriculture sector was responsible for 15% of Australia's carbon emissions. But how do you take action in a sector where most emissions come from animals like cows and sheep? It's also a sector which is vulnerable to climate change. Changes in rainfall patterns, threats of heatwaves and bushfires, all threaten the livelihoods of farmers. Join Kat Clay, Head of Digital Communications, discussing the third report in Grattan's series on how Australia can reach net zero, with Tony Wood, Energy and Climate Change Program Director, and James Ha, Associate. To read the report in discussion visit: https://grattan.edu.au/report/towards-net-zero-practical-policies-to-reduce-agricultural-emissions/

Most Australians wouldn’t have given too much thought to the Reserve Bank of Australia. Apart from when it changes official interest rates following its monthly meetings, the role and importance of the RBA, and its governor Phil Lowe, is little understood or even acknowledged. But the Reserve Bank is now facing rare criticisms by leading economists for not having met its core targets for nearly a decade. And this week, international think tank the OECD has called for a review of the RBA. A call since endorsed by Treasurer Josh Frydenberg, who said he’d consider a review after the next election. And with the Federal ALP previously calling for an independent review of the Reserve Bank in April, it’s increasingly likely the RBA will next year face its first independent review in 40 years. Watch Brendan Coates, Economic Policy Program Director, discuss the role of the RBA and whether it should be reviewed with Kat Clay, Head of Digital Communication. For more information, visit: https://grattan.edu.au/

Children aged 12 and over will be eligible for vaccination from September 13. While this is great news for parents with children over 12, it’s left many parents of young children concerned. After all, what happens to unvaccinated kids when we open up? And when they go back to school and childcare, is there a plan for managing the inevitable outbreaks? Jordana Hunter, Education Program Director, and Anika Stobart, Associate with Grattan’s health program, answer some of the most common questions about children and COVID in the latest podcast with Kat Clay, Head of Digital Communications. For more information, visit: https://grattan.edu.au/

On Sunday, Dads across Australia were celebrated by their families for Father’s Day – whether in-person or virtually. But for new dads, Australia has one of the least generous parental leave schemes in the developed world. And Australian fathers have been reluctant to access what little leave is available to them. To coincide with Father’s Day, the Grattan team has released a new report – Dad Days: how more gender-equal parental leave would improve the lives of Australian families. Discussing their report is Danielle Wood, CEO, and Owain Emslie, Senior Associate, with Kat Clay, Head of Digital Communications.

With NSW and Victoria in lockdown, cases rising every day, protesters clashing in the streets, and Delta reaching our most vulnerable remote communities, you might be feeling that the only light at the end of the tunnel is the successful vaccination rollout to Australia. But even the modelling around vaccinations is fraught with differing opinions. At what point should Australia open up? 70% vaccination rate? 80%? Should we even come out of lockdowns if we reach these targets? Listen to Stephen Duckett, Health and Aged Care Program Director in conversation with Kat Clay, Head of Digital Communications, about what’s going on with Australia’s vaccine rollout. For more information, visit: https://grattan.edu.au/

Australia faces the great challenge of climate change. If we keep going the way we are going, the Intergovernmental Panel on Climate Change (IPCC) has warned the earth is likely to see a 1.5C increase in temperature by 2030, resulting in increased catastrophic weather events such as drought, fire and flood. These warnings call for urgent change. In 2020, the industrial sector was responsible for 31% of Australia's emissions. And our emissions in the sector have only increased over the past fifteen years. But how can we reduce carbon emissions in the industrial sector while maintaining jobs and the economy? Listen to Tony Wood, Program Director, Energy and Climate Change, Alison Reeve, Deputy Program Director, and Kat Clay, Head of Digital Communications in conversation about their new report, Towards Net Zero: Practical policies to reduce industrial emissions. Read the report online: http://grattan.edu.au/

Compared to the rest of the world, Australia has fared incredibly well throughout the global COVID pandemic. We have had fewer cases and deaths than most countries, fewer days in lockdown, and one of the shortest recessions. But that’s not to say maintaining this suppression strategy hasn’t been easy. Sydney is experiencing a large Delta outbreak yet; Victoria just came out of its fifth lockdown. With only 14 per cent of Australians fully vaccinated, and vaccine supplies still constrained, it feels like there is no end in sight. Other countries like the UK and US are beginning to reopen and go back to life as normal, yet Australia is still shut off from the rest of the world. But the good news is, vaccines give us a way out. The wonder of vaccines is that they can carry us out of this mess to a world where lockdowns are no longer needed, and COVID is not a major public health threat. Join Tom Crowley, Will Mackey, Anika Stobart, and Brendan Coates, as they discuss their latest report Race to 80: our best shot at living with COVID, and how Australia can end lockdowns and start to reopen its border once 80 per cent of the population is vaccinated. Read the report: https://grattan.edu.au/report/race-to-80/

Australia’s governance is going backwards. Without change, there is little prospect for many substantial policy reforms that would increase Australian prosperity. Should we pine for the golden years of Australian policy reform, or is there a way forward from here? Listen to Grattan’s founding CEO, John Daley, in conversation with Kat Clay, Head of Digital Communications, on his last Grattan report, Gridlock: removing barriers to policy reform. Read the report on our website: https://grattan.edu.au/