BANKWEST CURTIN ECONOMICS CENTRE 2020
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The Bankwest Curtin Economics Centre is increasingly relied upon by key decision makers to help shape policy and practice. And in a world where trusted, reliable information Tim Marney is crucial to making effective decisions, the Principal, Nous Group; Centre’s fierce commitment to engagement BCEC Advisory Board and responsible independence ensures that Chair research findings and recommendations are communicated to the widest possible audience, for the widest possible benefit. The year 2020 will be remembered as one of the most disruptive in our modern history. The BCEC is relatively unique in the way it A global pandemic brought about one of the applies both an economic and a social lens to most rapid and significant economic shocks important public policy issues. The two are that we could have imagined or are ever complementary and that complementarity FROM OUR likely to see again in our lifetimes. Having a is essential. This philosophy underpins the trusted and independent source to rely on Centre’s approach to issues that directly for analysis and insights has been critical impact West Australians. to understand the extent of the impact of In 2020, this included an in-depth this shock on the economy, on businesses BOARD CHAIR examination of the inequality of early learning and on people. opportunities for Western Australia’s young The Bankwest Curtin Economics Centre was children. The Centre released major reports this source, responding swiftly to adjust its that provided a deeper understanding of research agenda to produce the insights the state’s environmental footprint, and the and evidence base that would inform how opportunities that exist to grow a sustainable many people were facing job losses, the and diverse Western Australian economy. adequacy of wage replacements, the degree to which people could stay connected in Having a research centre that is so focussed lockdown and the impact on businesses on improving the lives of West Australians is and communities across Australia. something that we should all value. The Centre’s responsiveness to emerging I would like to take this opportunity to thank economic and policy issues in 2020 has the Centre’s leadership and staff for all their been unprecedented. In a year that was hard work in 2020. shaped by some of the biggest policy For a Centre with only nine full-time changes in history, BCEC was one of the researchers, it certainly punches well above its standout providers of policy advice that weight. I would also like to thank the Advisory was both sound and timely. Board for their contributions that have helped Their technical and subject-matter expertise to shape the Centre’s research program and saw researchers respond with information thinking. and recommendations on the design and adequacy of the JobKeeper and JobSeeker schemes, bringing forward planned tax cuts, and the effects of higher education reforms 2 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 Tim Marney – all critical to minimising the adverse impacts of the pandemic.
Cath Hart Chris Moran Michael Court Executive Director, Deputy Vice-Chancellor, Deputy Under Treasurer, Housing Industry Association Research, Curtin University Department of Treasury BCEC Western Australia ADVISORY BOARD Nigel de Bussy Pro Vice-Chancellor, Faculty of Business and Law, Curtin University Paul Vivian Chief Customer Officer, Bankwest Rebecca Brown Acting Director General, WA Department of Premier and Cabinet Richard Bator Rob Cory Sue Ash AO General Manager Business Head of External Special Advisor, Community Banking, Bankwest Communication, Bankwest Services, WA Department of Premier and Cabinet BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 3
Commentaries have become trusted sources of information on the latest labour market and economic trends in Western Australia and nationally. Professor Alan Duncan These insights have never been more Director, Bankwest important as we seek to understand Curtin Economics the effects of the pandemic on jobs Centre and businesses, and assess the pace of Since its establishment in 2012, the economic recovery. Bankwest Curtin Economics Centre has The Centre’s research programs tackled sought to deliver research that helps us to some major questions over the course of better understand the key economic and the year; how WA can deliver sustainable social issues that affect Western Australia economic growth; how investing in our YEAR IN and the nation. This year, that mission has children is an investment in our future; never been more important. and how diverse leadership delivers the best business outcomes. 2020 was a year like no other for many of us. Along with the rest of the world, the And looking forward to 2021, we will REVIEW Centre needed to adapt to the realities of a continue to provide insights that support global pandemic, which brought anxiety and our economic recovery. These include economic stress to many, and new ways of research to be released early in 2021 on working for us all. the impact of the pandemic on WA’s small businesses, based on findings from a The pandemic also brought a pressing need new BCEC Small Business Survey funded for timely, evidence-based research and through the WA State COVID-19 recovery analysis of economic and social issues that fund. arose due to the pandemic. I’d like to thank Bankwest and Curtin I am extremely proud of the Centre’s University for their continued support of response, not least with the release of the Centre. It is this support that allows a series of COVID-19 Research Briefs us to deliver value to Western Australian throughout the year that looked at the households, businesses and communities. impact of the pandemic on job losses, physical isolation, mental health and In an extraordinary year, the Centre has working from home. risen to the challenge through research, analysis and commentary that has had We were also able to shine a light on the a genuine influence on policy discussions Government’s policy responses to the crisis, on issues that affect us all. with briefs on the JobKeeper wage subsidy, JobSeeker support and higher education reforms. Our regular Monthly Labour Market 4 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 Updates and Quarterly Economic Professor Alan Duncan
OUR MISSION The Bankwest Curtin Economics Centre’s core mission is to deliver high quality, independent, accessible research that enhances our understanding of key economic and social issues that contribute to the wellbeing of West Australian families, businesses and communities. BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 5
Publications Publication 44 13,531 downloads Audience Reach 22.3 million Speaking Engagements OUR Boards and Committees 47 IMPACT 52 These were not findings of correlation - these were findings of causation, meaning more women in leadership caused better business performance. Kate Jenkins, Sex Discrimination Commissioner at the Beijing Platform for Action, 25 years on 6 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
Gender Equity Insights 2020: This world-leading research generated Delivering the Business Outcomes significant impact, with the findings endorsed and promoted by former Our five year partnership with the Prime Minister Julia Gillard, Chair- Workplace Gender Equality Agency Rapporteur of the UN Working Group culminated in one of the most on Discrimination against Women significant research reports released and Girls, British High Commissioner by BCEC. Gender Equity Insights to Australia Vicki Treadell and Sex 2020: Delivering the Business Discrimination Commissioner Outcomes showed a convincing Kate Jenkins. causal relationship between an increase in the number of women in The research has led to substantive key decision-making positions and actions from Australian companies and subsequent improvements in company shareholders including the ambitious performance. investor-led 40:40 Vision that aims to see women fill 40 per cent of executive Led by Rebecca Cassells and Alan roles in ASX200 listed companies Duncan, the report found that an by 2030. increase in the share of female ‘top- tier’ managers by 10 percentage points or more led to a 6.6 per cent increase in the market value of Australian ASX- listed companies, worth the equivalent of AUD$104.7 million. The findings were released in June 2020, with Annabel Crabb, ABC Chief Political Writer hosting an expert panel including Sinead Taylor, Executive General Manager, Bankwest; Libby GENDER EQUITY INSIGHTS 2019 BREAKING THROUGH THE GLASS CEILING GENDER EQUITY INSIGHTS 2020 DELIVERING THE BUSINESS OUTCOMES GENDER EQUITY INSIGHTS 2018 INSIDE AUSTRALIA’S GENDER PAY GAP Lyons, Director of the Workplace Gender Equality Agency; and Sue Morphet, President, Chief Executive Women. BCEC | WGEA Gender Equity Series BCEC | WGEA Gender Equity Series BCEC | WGEA Gender Equity Series Gender equity GENDER EQUITY GENDER EQUITY GENDER EQUITY GENDER EQUITY insiGhts 2016 INSIGHTS 2017 INSIGHTS 2018 INSIGHTS 2019 INSIGHTS 2020 INSIDe AUSTrALIA’S Bankwest Curtin Economics Centre (BCEC) INSIDE AUSTRALIA’S Bankwest Curtin Economics Centre (BCEC) INSIDe AUSTrALIA’S Bankwest Curtin Economics Centre (BCEC) Bankwest Curtin Economics Centre (BCEC) Bankwest Curtin Economics Centre (BCEC) BREAKING THROUGH DELIVERING THE Level 4, Building 408, Curtin University Level 4, Building 408, Curtin University Level 4, Building 408, Curtin University Level 4, Building 408, Curtin University Level 4, Building 408, Curtin University GPO Box U1987, Perth WA 6845 GPO Box U1987, Perth WA 6845 GPO Box U1987, Perth WA 6845 GPO Box U1987, Perth WA 6845 GPO Box U1987, Perth WA 6845 Tel: +61 8 9266 2873 business.curtin.edu.au/bcec Tel: +61 8 9266 2873 bcec.edu.au Tel: +61 8 9266 2873 bcec.edu.au Tel: +61 8 9266 2873 bcec.edu.au Tel: +61 8 9266 2873 bcec.edu.au GeNDer PAy GAP GeNDer PAy GAP GENDER PAY GAP THE GLASS CEILING BUSINESS OUTCOMES Workplace Gender Equality Agency (WGEA) Workplace Gender Equality Agency (WGEA) Workplace Gender Equality Agency (WGEA) Workplace Gender Equality Agency (WGEA) Workplace Gender Equality Agency (WGEA) 7, 309 Kent Street, Sydney NSW 2000 Level 7, 309 Kent Street, Sydney NSW 2000 7, 309 Kent Street, Sydney NSW 2000 7, 309 Kent Street, Sydney NSW 2000 7, 309 Kent Street, Sydney NSW 2000 Tel: +61 2 9432 7000 www.wgea.gov.au Tel: +61 2 9432 7000 www.wgea.gov.au Tel: +61 2 9432 7000 www.wgea.gov.au Tel: +61 2 9432 7000 www.wgea.gov.au Tel: +61 2 9432 7000 www.wgea.gov.au BCEC | WGEA Gender Equity Series BCEC | WGEA | WGEAEquity BCECGender GenderSeries Equity Series BCEC | WGEA | WGEAEquity BCECGender GenderSeries Equity Series BCEC | WGEA BCEC |Gender Equity Equity WGEA Gender Series Series BCEC | WGEA BCEC | WGEAEquity Gender GenderSeries Equity Series BCEC | WGEA Gender Equity Series ADV084525 ADV095917 ADV106268 ADV114977 ADV125489 095917 BCEC WGEA Gender Pay Equity Insights 2017 Report COVER 4mm spine.indd 1 106268_BCEC WGEA Gender Equity Insights 2018 Report COVER 4mm spine GREY.indd 1 27/02/2017 3:34 PM 114977_BCEC WGEA Gender Equity Insights Report 2019 Cover PUR.indd 1 27/02/2018 1:09 PM 26/02/2019 2:54 PM 084525 BCEC WGEA Gender Pay Equity Insights 2016 Report COVER.indd 1 26/02/16 2:57 PM BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 7
We believe in research that makes Investing in Our Future research a difference. Research that fulfils a program delivered new insights into purpose and responds to the needs of the extent of inequality of early the Western Australian and broader learning opportunities across WA and Australian community. Australia’s regions. In 2020, BCEC responded to a rapidly Through our Green Shoots: changing environment, adapting Opportunities to grow a sustainable our research outputs to provide WA Economy report we identified an accessible, independent and significant opportunities for WA to RESEARCH contemporary evidence-base to inform transition to a more sustainable and the economic and social impact of resilient economic future and at the COVID-19. same time create thousands of jobs for the state and save WA households We produced some of the first hundreds of dollars each year. THAT estimates of job losses across Australian states and industries, giving The impact of COVID-19 on businesses policy makers a benchmark to guide was a core focus of the Centre’s 2020 their expectations and responses. We research program and we responded MATTERS extended this research by estimating by capturing new data through the the adequacy of JobKeeper and 2020 BCEC Small Business Survey. JobSeeker, identifying winners and Co-funded by the WA Department of losers and providing alternative Jobs, Tourism, Science and Innovation, solutions to two of the most significant this survey has given us greater policy changes we are likely to see in understanding of the impact of our lifetime. COVID-19 on small businesses across WA’s regions including whether they We also brought new insights on the have the supports needed to succeed need to stay connected, working from and how they see the future outlook. home in lockdown and the importance of recognising the relationship between work and mental health. We continued our long-standing research programs that deep- dive into issues of importance to Western Australia. Our Early Years: 8 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
Diversifying into more sustainable industries would deliver 55,000 jobs THE EARLY YEARS Investing in Our Future Focus on Western Australia Report Series, No. 13 August 2020 and $16bn to the WA economy. Alan Duncan, BCEC Director Contact BANKWEST CURTIN ECONOMICS CENTRE THE EARLY Bankwest Curtin Economics Centre Tel: +61 8 9266 2873 BANKWEST CURTIN ECONOMICS CENTRE Email: bcec@curtin.edu.au GREEN SHOOTSbcec.edu.au YEARS Opportunities to grow a sustainable WA economy Investing in Our Future Focus on Industry Series, No. 5 © Curtin University 2020 CRICOS Provider Code 00301J Focus on Western Australia Report Series, No.13 August 2020 ADV128201 November 2020 128201_BCEC The Early Years Investing in Our Future Report 2020 Cover PRINT.indd 1-3 7/10/20 3:04 pm Access to early learning opportunities are providing positive outcomes for thousands of young children in Australia. Yet children facing greater disadvantage are the very ones missing out on the support that was ostensibly meant for them. Rebecca Cassells, BCEC Deputy Director BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 9
Events represent one of the largest BCEC | FOWI Future of Work engagement activities for the Bankwest Workshop, January 2020 Curtin Economics Centre. Launching our 13-14 February 2020, research outputs at large-scale events 37 St Georges Terrace with key stakeholders ensures that we Special Guest: Associate Professor are always working in alignment with Thomas O’Neill, Department of our mission to deliver high quality, Psychology, Calgary University accessible research. Climate Change and the Future of These forums bring together experts Work in Australia Policy Symposium, OUR and policy-makers to convene January 2020 important conversations on issues that Special Guests: Professor John Hewson, affect the wellbeing of West Australians ANU Crawford School & BCEC Fellow; and Australians. Professor Sharon Parker, Director, Centre for Transformative Work Design, Future SIGNATURE In 2020, the Centre had to swiftly adapt of Work Institute; Louise Giolitto, CEO, how we delivered events due to the WACOSS and Astghik Mavisakalyan, global pandemic, shifting many of our BCEC Principal Research Fellow. planned events from in-person to online EVENTS and back again. BCEC | WGEA Gender Equity Insights 2020: Delivering the Business Outcomes The continued delivery of high-quality 19 June 2020, online events, both online and in-person, is Special Guests: Libby Lyons, Director, a testament to the dedication of the Workplace Gender Equity Agency; Bankwest Curtin Economics Centre Annabelle Crabb, Author, Presenter team to share our core research and and ABC Chief Political Writer; Sinead create meaningful impact for Western Taylor, Executive General Manger Australians. Bankwest; Sue Morphet, President Chief Executive Women. During 2020 we held five major events, bringing together more than The Early Years: Investing in Our Future 1,100 people and connecting key 28 August 2020, online stakeholders from the business, Special Guests: Colin Pettit, Western government, not-for-profit and Australian Commissioner for Children academic communities. and Young People; Kim Isaacs, Kimberly Aboriginal Medical Service; Jay Weatherill, CEO, Thrive by Five and Rochelle Matacz, ECU Pregnancy to Parenthood Clinic. 10 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
Green Shoots: Opportunities to Grow a Sustainable WA Economy 12 November 2020, Perth Convention and Exhibition Centre Special Guests: Hon Dave Kelly MLA, Minister for Water; Forestry; Innovation and ICT; Science; Youth; Elizabeth Brennan, Managing Director, agdots; Yvonne Power, Co-Founder and Chief Operating Officer, Village Energy; and Piers Verstegen, Executive Director, Conservation Council of Western Australia. BCEC | Business News State of the Economy Lunch 27 November 2020, Perth Convention and Exhibition Centre Special Guest: Hon Ben Wyatt MLA, Treasurer; Minister for Finance; Aboriginal Affairs; Lands, Sinead Taylor, Executive General Manager Bankwest, Rachael Ferguson, CEO SynxBody. You often hear some politicians say there’s a trade off between economic growth and jobs. We now know that’s not true. Hon Dave Kelly BA MLA, Minister for Water; Forestry; Innovation and ICT; Science; Youth. BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 11
BCEC’s engagement with key Our partnership with Scitech led to a stakeholders at all stages of the comprehensive evaluation of Scitech’s research process has become one of the economic impact on the Western unique and defining characteristics of Australian economy, and the broader the Centre. This coordinated strategy community. ensures that BCEC’s research remains relevant, fit for purpose, and provides In recognition of the special challenges a benefit to the broad spectrum of facing Aboriginal and Torres Strait stakeholders. Islander members of superannuation funds, we partnered with UniSuper to In 2020, we also embarked on a number explore how superannuation outcomes of formal collaborations aimed at could be improved for Indigenous COLLABORATIVE answering specific research questions or Australians. addressing gaps in economic discourse. We were commissioned by the Federal We partnered with Business News to Treasury to provide empirical research pursue a common goal of improving that would determine whether or not the PARTNERSHIPS economic discourse in Western Age Pension asset test has a tangible Australia. To deliver on this goal we impact on pre-retirement savings held our first joint State of the Economy behaviour. lunch with special guest WA Treasurer, The Hon. Ben Wyatt MLA and supported And our long-standing partnership by a new release of the BCEC Quarterly with the Workplace Gender Equality Economic Commentary. Agency delivered some of the most impactful research in the history of As part of the strategic partnership with the Centre, with globally significant Business News, BCEC researchers also findings on the link between diversity in contribute regular insights and expert company leadership and better business knowledge to Business News’ fortnightly outcomes. edition, reaching 178,000 readers either in print or online. 12 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
THE ROLE OF GENDER EQUITY INSIGHTS 2020 DELIVERING THE BUSINESS OUTCOMES THE ROLE OF SCITECH IN THE WA ECONOMY SCITECH IN THE WA ECONOMY An Economic Impact BCEC | WGEA Gender Equity Series Assessment Bankwest Curtin Economics Centre and UniSuper ABORIGINAL AND TORRES STRAIT GENDER EQUITY ISLANDER AUSTRALIANS AND INSIGHTS 2020 July 2020 THE SUPERANNUATION SYSTEM Bankwest Curtin Economics Centre (BCEC) DELIVERING THE Level 4, Building 408, Curtin University GPO Box U1987, Perth WA 6845 Tel: +61 8 9266 2873 bcec.edu.au Professor Mike Dockerya with support from Dr Julie Owenb, Dr Anna Dwyerc, Dr Nigar Sultanad, BUSINESS OUTCOMES Professor Alan Duncana and Associate Professor Rebecca Cassells Workplace a Gender Equality Agency (WGEA) a. Bankwest Curtin Economics Centre, Curtin University. 7, 309 Kent Street, Sydney NSW 2000 b. Centre for Aboriginal Studies, Curtin University. Tel: +61 2 9432 7000 www.wgea.gov.au c. Nulungu Research Centre, University of Notre Dame, Broome. d. School of Accounting, Faculty of Business and Law, Curtin University. BCEC | WGEA Gender Equity Series BCEC | WGEA Gender Equity Series BCEC Research Report An Economic Impact Assessment May 2020 ADV125489 It’s great to see BCEC continuing the important work of reporting Workplace Gender Equity Agency data to hold the July 2020 business sector accountable to gender equity; especially when considering COVID-19 recovery strategies. 4/8/20 1:47 pm BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 13
BCEC researchers have been working retirement. The report formed an hard at the intersection of academia important evidence base for the and policy, providing the evidence-base Retirement Income Review and was part needed for future directions for Western of a submission to the inquiry. Australia and Australia. The 2020-21 Federal Budget brought We started 2020 by seeing our forward the second stage of the comprehensive WA Women’s Report Coalition government’s Personal Income Card underpin actions to address Tax plan, as well as changes to the Low- barriers to women’s progress and Middle Income Tax Offset. We provided promote the benefits of greater gender detailed analysis of how these reforms equity through the release of the State would affect Australian households POLICY Government’s first 10-year Women’s using the Centre’s tax policy evaluation Plan, Stronger Together: WA’s Plan for model – EVITA. Two policy briefs from Gender Equality. this work have been published and the findings cited extensively across We completed a major project for the national media outlets. INSIGHTS Australian Treasury looking at the impact of the Aged Pension assets test on retirement savings patterns. This research established a link between changes in the assets test and household asset allocation behaviour prior to retirement for households that were very close to the upper assets threshold for Age Pension eligibility. This work fed directly into the final report of the Retirement Income Review. We also delivered a research report examining the appropriateness of the superannuation system for Indigenous Australians in partnership with Unisuper, outlining a set of recommendations that could help to improve the support provided to Indigenous superannuation policy holders making the transition into 14 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
We released a policy brief analysing the proposed changes to higher education fees, including how effective the policy would be in incentivising a shift towards more ‘job-relevant’ courses and how these changes would affect men and women differently. This analysis was used in a BCEC submission to the Education and Employment Legislation Committee’s inquiry into the Higher Education Support Amendment (Job- Ready Graduates and Supporting Regional and Remote Students) Bill 2020. We undertook bespoke scenario analysis of JobSeeker changes which was covered in the Sydney Morning Herald. This analysis has received extensive ongoing coverage and engagement and we continue to be a part of the debate around lifting the rate of JobSeeker. Our work on the health and aged care sectors revealing the strong possibility that personal care workers in residential aged care facilities are being used as substitutes for enrolled nurses formed part of a BCEC submission to the Royal Commission into Aged Care Quality and Safety on the impact of COVID-19 highlights, contributing to the evidence- base needed for the inquiry. BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 15
At the heart of the Centre’s growing to the World Society of Labor Economics national and international reputation conference in Berlin; the International is the unique blend of academic rigour, Association of Feminist Economists and topicality and policy relevance it brings to the Armenian Economic Association to cutting-edge research and analysis. Women in Economics Workshop. This commitment to intellectual rigour is one of the qualities that differentiates the BCEC researchers also presented at Bankwest Curtin Economics Centre from many academic seminars and workshops many other economic policy institutes around Australia throughout 2020, within or outside the university sector. as well as giving invited seminars at the Leibniz Institute, Regensburg; the The Centre’s researchers publish in some Toulouse School of Economics; and ACADEMIC of the best economic and policy journals the National Centre for Spatial Studies in the world, with new publications (CNES) at the University of Toulouse. during 2020 in prestigious outlets such as the European Economic Review, We continue to support the development the International Migration Review, of academic research by bringing RIGOUR World Development and the Review of together researchers from around Economics of the Household. the world through seminar series and workshops. Our BCEC seminar series is In one of the highlights for the year held monthly and is designed to help for excellence with impact, the Centre progress people’s work at early stages released a special issue of the Australian by providing feedback and peer insights. Journal of Labour Economics (AJLE) In partnership with the Future of Work devoted to the effects of COVID-19 on the Institute, we host an annual Future Australian labour market. The AJLE special of Work Workshop, bringing together issue attracted contributions from some economists, organisational psychologists of the best academic labour economists in and demographers to discuss key Australia, including a paper from BCEC’s questions surrounding the future of work. Rebecca Cassells and Alan Duncan that looked at the efficacy of JobKeeper as And our commitment to excellence Australia’s first short-time wage subsidy. extends to developing the next generation of academic researchers, through our PhD Centre researchers were invited to scholarship program. The centre hosted present their research at international four PhD Scholars in 2020, with BCEC fora including the Harvard Kennedy PhD Scholar Toan Nguyen completing his School, the International Monetary Fund Doctorate on the topic of Essays on the and the World Bank in the United States, Economics of Immigration into Australia. 16 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
AUSTRALIAN JOURNAL OF LABOUR ECONOMICS Volume 23 • Numb er 2 • 2020 • ISSN 1328 - 1143 From the Managing Editor Phil Lewis JobKeeper: The efficacy of Australia’s first short-time wage subsidy Rebecca Cassells and Alan Duncan Early estimates of the impact of COVID-19 disruptions on jobs, wages, and lifetime earnings of school children in Australia Gigi Foster Measuring the impacts of COVID-19 on job postings in Australia using a reweighting-estimation-transformation approach Kailing Shen and Bledi Taska Scarring effects: A review of Australian and international literature Jeff Borland Volume 23 • Number 1 • 2020 How might COVID-19 affect the Indigenous labour market? Yonatan Dinku, Boyd Hunter and Francis Markham The urgent need for Tax Reform in Australia in the COVID-19 World Tristram Sainsbury and Robert Breunig The Proposed Job-ready Graduate Package: a misguided arrow missing its target Anne Daly and Phil Lewis BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 17
LEADERSHIP Our team consists of 14 dedicated and hardworking staff and 4 PhD scholars, passionate about improving their community through relevant and high quality economic and social policy research. Working at the nexus of academia and industry, our researchers are able to Professor Alan Duncan Director communicate accessible research that is academically excellent, relevant to contemporary debates and influential OUR in promoting better informed policy development. We are proud of our team’s commitment and expertise, which PEOPLE includes economic forecasting, quantitative modelling and economic and social policy evaluation. Associate Professor Rebecca Cassells Deputy Director Sian Flynne Business Manager 18 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
Associate Professor Caroline Stewart Chris Twomey Christopher Phelps Dr Daniel Kiely Astghik Mavisakalyan Administrative Officer Senior Industry Fellow BCEC PhD Scholar Senior Research Fellow Principal Research Fellow Jaslin Kalsi Joanna Holcombe Maria Sandoval-Guzman Professor Michael Kirkness BCEC PhD Scholar Communications and BCEC-WiSER PhD Scholar Michael Dockery Research Assistant Engagement Coordinator Principal Research Fellow Dr Richard Seymour Sandie Rawnsley Dr Silvia Salazar Dr Steven Bond-Smith Toan Nguyen Research Fellow Editorial Assistant Research Fellow Research Fellow BCEC PhD Scholar BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 19
Marquee Reports BCEC Policy Briefs Gender Equity Insights 2020: Delivering Analysis of costs and savings of the Business Outcomes Proposed Reforms to Higher Education BCEC I WGEA Gender Equity Insights Authors: Steven Bond-Smith, report #5 Rebecca Cassells Authors: Rebecca Cassells, Alan Duncan Published: July 2020 Launched: 19 June 2020 BCEC Policy Brief 2020: Low-Middle The Early Years: Investing in Our Future Income Tax Offset Focus on Western Australia report #13 Authors: Rebecca Cassells, Alan Duncan LIST OF Authors: Rebecca Cassells, Michael Published: 29 October 2020 Dockery, Alan Duncan, Daniel Kiely, Michael Kirkness, Toan Nguyen, BCEC Policy Brief 2020: Distributional Richard Seymour, Chris Twomey impacts of bringing forward the second Launched: 28 August 2020 stage of the Personal Income Tax plan PUBLICATIONS Authors: Rebecca Cassells, Green Shoots: Opportunities to grow a Alan Duncan, Richard Seymour sustainable WA economy Published: October 2020 Focus on Industry report #5 2020 Authors: Steven Bond-Smith, Public Submissions Rebecca Cassells, Alan Duncan, Retirement Incomes and Aboriginal and Astghik Mavisakalyan, Silvia Salazar, Torres Strait Islander Australians Maria Sandoval-Guzman, Submitted to: Treasury Retirement Richard Seymour, Chris Twomey Incomes Review Launched: 12 November 2020 Author: Michael Dockery Published: May 2020 Other BCEC Research Reports Higher Education Support Amendment Aboriginal and Torres Strait Islander (Job-Ready Graduates and Supporting Australians and the Superannuation Regional and Remote Students) Bill System 2020 Authors: Michael Dockery, Julie Owen, Submitted to: Education and Anna Dwyer, Nigar Sultana, Employment Legislation Committee Alan Duncan, Rebecca Cassells Authors: Alan Duncan, Rebecca Launched: 9 June 2020 Cassells, Steven Bond-Smith The Role of Scitech in the WA Economy Published: September 2020 Authors: Jo Bloomfield, Alan Duncan, Daniel Kiely, Richard Seymour Launched: July 2020 20 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
BCEC Briefing Note Work and Mental Health – Implications A methodology for projecting sparse BCEC Working Papers Agriculture in WA – Update Note of COVID-19 populations and its application to Paradise Postponed: Future Tense and Authors: Steven Bond-Smith, Authors: Rebecca Cassells, Michael remote Indigenous communities Religiosity Daniel Kiely and Silvia Salazar Dockery, Alan Duncan, Daniel Kiely, Journal of Geographical Systems Authors: Astghik Mavisakalyan, Published: December 2020 Astghik Mavisakalyan Authors: Michael Dockery, Nicholas Yashar Tarverdi, Clas Weber Published: May 2020 Holyoak, Ranjodh B. Singh Published: March 2020 BCEC COVID-19 Research Briefs Published: July 2020 Impact and Response of Businesses in Household density and children’s Physical Isolation: Staying Connected Australia to COVID-19 Measuring governance: Why do errors wellbeing in Australia: Are children’s During COVID-19 Authors: Rebecca Cassells, matter? homes too empty? Authors: Rebecca Cassells, Alan Duncan, Daniel Kiely, World Development Author: Michael Dockery Alan Duncan, Daniel Kiely, Astghik Mavisakalyan Authors: Yashar Tarverdi, Published: September 2020 Astghik Mavisakalyan Published: July 2020 Leandro M. Magnusson Published: March 2020 Published: August 2020 Female autonomy in household BCEC Journal Articles decision-making and intimate partner Potential Job Losses in the COVID-19 Macroeconomic Fluctuations in Home Autonomous vehicles and cycling: violence: evidence from Pandemic Countries and Immigrants’ Well-Being Policy implications and management Authors: Astghik Mavisakalyan, Authors: Rebecca Cassells, International Migration Review issues Anu Rammohan Michael Dockery, Alan Duncan, Authors: Ha Nguyen, Alan Duncan Transportation Research Published: October 2020 Daniel Kiely, Astghik Mavisakalyan Published: March 2020 Interdisciplinary Perspectives Published: March 2020 Authors: Simone Pettigrew, Changing demand for STEM skills in Migration flows in commodity cycles: John D. Nelson, Richard Norman Australia and gender implications Job Keepers and Job Seekers: How Assessing the role of migration policies Published: August 2020 Author: Michael Dockery many workers will lose and how many European Economic Review Published: November 2020 will gain? Authors: Alan Duncan, Mark Harris, JobKeeper: The efficacy of Australia’s Authors: Rebecca Cassells, Alan Duncan Astghik Mavisakalyan, Toan Nguyen first short-time wage subsidy Published: March 2020 Published: May 2020 Australian Journal of Labour Economics Authors: Rebecca Cassells, Alan Duncan Short-term and long-term casual Chapter 2: Responses to Climate Published: September 2020 workers: how different are they? Change Worldwide: Individual Authors: Rebecca Cassells, Alan Duncan Preferences and Policy Actions around Female autonomy in household Published: April 2020 the World decision-making and intimate partner Environmental Policy: An Economic violence: evidence from Review of Working from Home in the COVID-19 Perspective Economics of the Household Lockdown Authors: Andrew John Brennan, Authors: Astghik Mavisakalyan, Authors: Sherry Bawa, Michael Dockery Astghik Mavisakalyan, Yashar Tarverdi Anu Rammohan Published: May 2020 Published: July 2020 Published: October 2020 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 21
BCEC Monthly Labour Market Update BCEC Monthly Labour Market Update – BCEC Monthly Labour Market Update – June 2020 December 2019 Authors: Rebecca Cassells, Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Michael Dockery, Alan Duncan Published: 17 July 2020 Published: 24 January 2020 BCEC Monthly Labour Market Update – BCEC Monthly Labour Market Update – July 2020 January 2020 Authors: Rebecca Cassells, Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Michael Dockery, Alan Duncan Published: 14 August 2020 Published: 21 February 2020 BCEC Monthly Labour Market Update – BCEC Monthly Labour Market Update – August 2020 February 2020 Authors: Rebecca Cassells, Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Michael Dockery, Alan Duncan Published: 18 September 2020 Published: 28 March 2020 BCEC Monthly Labour Market Update – BCEC Monthly Labour Market Update – September 2020 March 2020 Authors: Rebecca Cassells, Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Michael Dockery, Alan Duncan Published: 20 October 2020 Published: 16 April 2020 BCEC Monthly Labour Market Update – BCEC Monthly Labour Market Update – October 2020 April 2020 Authors: Rebecca Cassells, Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Michael Dockery, Alan Duncan Published: 23 November 2020 Published: 18 May 2020 BCEC Monthly Labour Market Update – May 2020 Authors: Rebecca Cassells, Michael Dockery, Alan Duncan Published: 26 June 2020 22 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020
BCEC Quarterly Economic Commentary BCEC Quarterly Economic Commentary – July 2020 Authors: Rebecca Cassells, Daniel Kiely, Silvia Salazar Published: 17 July 2020 BCEC Quarterly Economic Commentary – November 2020 Authors: Rebecca Cassells, Alan Duncan, Daniel Kiely, Silvia Salazar Published: 27 November 2020 BCEC Newsletter BCEC Newsletter Summer 2019 edition Author: Caroline Stewart Published: April 2020 BANKWEST CURTIN ECONOMICS CENTRE | ANNUAL REPORT 2020 23
Contact Bankwest Curtin Economics Centre Tel: +61 8 9266 2873 Email: bcec@curtin.edu.au bcec.edu.au © Curtin University 2021 CRICOS Provider Code 00301J ADV132834
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