Matt Grudnoff
@mattgrudnoff.bsky.social
📤 3278
📥 231
📝 99
Senior economist
@australiainstitute.org.au
. Opinions are my own.
reposted by
Matt Grudnoff
The Australia Institute
1 day ago
Why did the RBA jump the gun on raising interest rates? "If they go too fast, the cons are that the economy will slow down and unemployment will go up. Well, that's not a con to the RBA." @MattGrudnoff @ebony_bennett
#auspol
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reposted by
Matt Grudnoff
Ebony Bennett
1 day ago
"Trading blocs require trust between nations. What country would trust the US under Trump to keep their word on trade? Ask Canada and Mexico what their trade deal with the US was worth" writes
@mattgrudnoff.bsky.social
over on the liveblog at The Point
live.thepoint.com.au/2026/02/the-...
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reposted by
Matt Grudnoff
The Australia Institute
1 day ago
With inflation being driven by Christmas holidays & data centres, the RBA didn’t need to raise the interest rate this week.
@mattgrudnoff.bsky.social
&
@ebonybennett.bsky.social
discuss why the RBA is so cautious about cutting rates, yet so quick to hike them up.
#auspol
🎧
theaus.in/4qkepGv
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reposted by
Matt Grudnoff
The Australia Institute
8 days ago
Even the Mathias Cormann-led OECD says the capital gains tax discount & negative gearing are a problem. Dollars & Sense is back with
@grogsgamut.bsky.social
&
@elinorjohnstonleek.bsky.social
discussing why the housing market is (still) cooked, inflation & AUKUS spending
#auspol
🎧
theaus.in/49N9BED
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Ley is failing the Jewish community. She is choosing to politicize rather than unite Australia on this national tragedy. If she succeeds I fear it will become a political football robbing them of real effort to ensure this never happens again. After Port Arthur we came together. We need that again.
about 2 months ago
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reposted by
Matt Grudnoff
Rod Campbell
about 2 months ago
Miners exaggerating tax. Again. What's new is that this is so demonstrably false. Will they take down false ads? If you see this ad after today, please let me know. Debunked on
@thepointau.bsky.social
here, more below:
thepoint.com.au/factchecks/2...
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reposted by
Matt Grudnoff
The Australia Institute
2 months ago
South Korea announced it's going to phase out coal-fired power by 2040, a massive win for the climate.🌏 But you might not know that a few local climate groups in Australia played a part in making this happen!🌱 Research Director Rod Campbell explains
@rodcampbell.bsky.social
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
2 months ago
Australian scientists have improved our lives & increased national productivity. So why is the CSIRO being forced to shed staff again?
@mattgrudnoff.bsky.social
argues that cutting research jobs undermines the government's productivity drive.
#auspol
@ebonybennett.bsky.social
🎧
theaus.in/3XWDfAg
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reposted by
Matt Grudnoff
Greg Jericho
3 months ago
They discovered that only one in two million people has what we call the "evil gene." Hitler had it. Walt Disney had it. And Freddy Quimby has it.
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Cracking read on the death of copyright in the age of AI from Michael Bradley of
@marquelawyers.com.au
thepoint.com.au/opinions/251...
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Copyright is dead. When it comes to AI my property has been stolen all the same
The point.com.au
https://thepoint.com.au/opinions/251110-copyright-is-dead-when-it-comes-to-ai-my-property-has-been-stolen-all-the-same
3 months ago
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reposted by
Matt Grudnoff
The Australia Institute
3 months ago
"A lot of rich people spend a lot of money hiring very smart accountants to work out how to avoid paying tax." Senior Economist Matt Grudnoff unpacks the two tax loopholes that should be closed to make sure everyone pays their fair share.
@mattgrudnoff.bsky.social
#auspol
@thepointau.bsky.social
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reposted by
Matt Grudnoff
Greg Jericho
3 months ago
@mattgrudnoff.bsky.social
writing about how the "for profit" child care model has totally failed. But then we know the for profit model of public services *always* fails, and yet....
thepoint.com.au/news/251028-...
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New investigation reveals that child abuse happens more frequently at for-profit childcare centres
Parents should expect that when they send their kids to childcare that they are safe and receiving top quality education and care. This is not consistent with the profit motive.
https://thepoint.com.au/news/251028-new-investigation-reveals-that-child-abuse-happens-more-frequently-at-for-profit-childcare-centres
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reposted by
Matt Grudnoff
Greg Jericho
4 months ago
RBA said market-sector jobs (those driven more by demand) had been the bulk of job growth in 2025... but the data says... errr wut?
thepoint.com.au/news/251024-...
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reposted by
Matt Grudnoff
Rod Campbell
4 months ago
My new report is out - Adani sold coal at mates rates to India, avoiding $400m in royalty payments to Queensland ...and Qld's LNP gov doesn't seem to care. Thread below on how they did it. Write up in
@australia.theguardian.com
@australiainstitute.org.au
www.theguardian.com/australia-ne...
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Adani denies claims it sold ‘below-market coal’ leading to Queensland missing out on hundreds of millions in royalties
Adani has strongly rejected the Australia Institute’s findings, including that customers paid an average of $102 a tonne in 2022-23
https://www.theguardian.com/australia-news/2025/oct/16/adani-denies-claims-it-sold-below-market-coal-leading-to-queensland-missing-out-on-hundreds-of-millions-in-royalties
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After talking a very big game for a very long time on freedom of speech, it is interesting how quickly important institutions in the US have folded up, and rolled over at the first real sign of pressure.
add a skeleton here at some point
5 months ago
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reposted by
Matt Grudnoff
Richard Sambrook
5 months ago
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reposted by
Matt Grudnoff
Amy Remeikis
5 months ago
Given this is making some waves - here is the piece and you can judge for yourself. (I'm fine, there are no issues - right wing ecosystem just doing what right wing ecosystem does). Take care of you - it's rough out there! Ax
amyremeikis.substack.com/p/charlie-ki...
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Charlie Kirk died in the America he wanted
I mourn the loss of human life. I feel compassion, empathy and grief at an inexcusable killing. But I find nothing to lionise in his legacy.
https://amyremeikis.substack.com/p/charlie-kirk-died-in-the-america
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reposted by
Matt Grudnoff
The Australia Institute
5 months ago
Keep up with the news today with
@amyremeikis.bsky.social
on our Live Blog! From reports of a 20-year methane leak at the Santos gas export hub in Darwin to the weekend's neo-Nazi supported rallies. All the day's events, with fact checks, as it happens.
#auspol
live.australiainstitute.org.au
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Australia Institute Live: At the rate journalists are being killed in Gaza by the Israeli army, there will soon be no one left to keep you informed."
Reports of a 20-year methane leak at the Santos gas export hub in Darwin has everyone pointing the finger at everyone else, but no one taking responsibility. Meanwhile the NT government is celebratin...
https://live.australiainstitute.org.au/
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reposted by
Matt Grudnoff
The Australia Institute
5 months ago
Australia is building homes at a faster rate than the population has increased. “Scare campaigns about immigration are as old as history. But the latest version of them falls apart when subject to the evidence.” - Matt Grudnoff
@mattgrudnoff.bsky.social
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
5 months ago
Global mail services have suspended parcel deliveries to the United States.
@mattgrudnoff.bsky.social
explains why the Trump administration's chaotic implementation undermines any potential upside of tariffs & why Australia's latest inflation data isn't cause for panic.
#auspol
🎧
theaus.in/4fYVYUh
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reposted by
Matt Grudnoff
Rod Campbell
6 months ago
I'm speaking at Monash Uni tomorrow about Australia's gas policy mess and Woodside in particular.
@australiainstitute.org.au
@nteumonash.bsky.social
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reposted by
Matt Grudnoff
The Australia Institute
6 months ago
Foreign-owned gas corporations are getting over half the gas they export from Australia for FREE. The gas industry is ripping Australians off, and our governments are letting them. ✍️Add your name to the call to tax the gas industry properly
theaus.in/increasePRRT
#auspol
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reposted by
Matt Grudnoff
Greg Jericho
6 months ago
A reminder that the RBA and other compliant economists spent a couple years telling
@australiainstitute.org.au
that companies were not marking up prices in 2022-23. The failure of Australia’s economic establishment was truly embarrassing
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reposted by
Matt Grudnoff
Amy Remeikis
6 months ago
My high school legal studies and economics teacher came to see me speak last night. He remembered me because of how argumentative I was in class. Always question the orthodoxy kids!
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reposted by
Matt Grudnoff
The Australia Institute
6 months ago
The RBA has cut interest rates – five weeks too late. Does this make up for its bad call at the last meeting in July, when it left rates on hold? Read Matt Grudnoff’s op ed in The New Daily on RBA's interest rate cuts and why this should have happened sooner.
@mattgrudnoff.bsky.social
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
6 months ago
“The RBA shows a lot of concern when inflation is above the band and too little concern when it is below the band." Read Matt Grudnoff’s article in The New Daily on if the Reserve Bank will learn from its mistakes or allow inflation to fall below 2% instead.
@mattgrudnoff.bsky.social
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
6 months ago
“There has been no indication yet that the Australian government would reduce pharmaceutical tariffs for higher US drug prices in Australia. I think they’d be crazy to do it. "Our trade is nowhere near big enough to warrant the pain.”
@mattgrudnoff.bsky.social
in
news.com.au
#auspol
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reposted by
Matt Grudnoff
Greg Jericho
6 months ago
If investors are silly enough to wait tillthe end of the 5th year, then that's their problem, not a policy one. Also. So what? Someone has to buy those houses being sold... Great - more affordable housing!
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reposted by
Matt Grudnoff
Skye Predavec
6 months ago
Australia's preferential voting system is often praised, and for good reason. But in terms of reflecting overall votes cast it's not much better than first past the post. My look at how our winner-takes-all voting system skews election outcomes for
@australiainstitute.org.au
👇
#auspol
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reposted by
Matt Grudnoff
Skye Predavec
6 months ago
Australia has a politician problem: not too many, but too few. There are nine times the number of voters than in 1903, but the number of MPs has only doubled. Maybe it's time for our representative democracy to get a bit more representative?
@australiainstitute.org.au
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
6 months ago
With inflation at 2.1%,
@mattgrudnoff.bsky.social
reminds us that the RBA has not been great at hitting its target and also needs to worry about inflation falling *below* the target range
#OffTheCharts
australiainstitute.org.au/post/when-ta...
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reposted by
Matt Grudnoff
Greg Jericho
6 months ago
Me on why Trump wants us to get rid of the PBS with a great price table by
@mattgrudnoff.bsky.social
on the differences in prices of medicine here and in the US
live.australiainstitute.org.au/2025/07/aust...
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Australia Institute Live: Climate woes continue for both major parties. All the day's events, as it happens.
Both parties are experiencing climate policy woes – the Coalition in finding a position at all, and Labor balancing its gas ambition with climate action. All the day's events, with fact checks, live.
https://live.australiainstitute.org.au/2025/07/australia-institute-live-2/#5fa9e2d0c0
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
With GST revenue slowing and states struggling with the growing costs of vital services, there are calls for GST to be broadened. “Many who talk about wanting more tax revenue to come from the GST would baulk at the easiest services to broaden it too.”
@mattgrudnoff.bsky.social
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
When tobacco ads were banned, sports in Australia didn't collapse. Neither did free-to-air TV. So why shouldn't gambling ads be banned? Senior Economist
@mattgrudnoff.bsky.social
unpacks proposed limits on gambling ads on Dollars & Sense!
#auspol
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
"People are suffering. People can't afford rents...let alone to buy."
@amyremeikis.bsky.social
&
@mattgrudnoff.bsky.social
join
@ebonybennett.bsky.social
to discuss the housing crisis, Treasury's advice to the Government & the first parliamentary sitting week.
#auspol
🎧
theaus.in/4lLKHIM
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
Fix the GST to unlock more than $2 billion for SA Noah Schultz-Byard, director of the Australia Institute South Australia asks whether South Australia will accept our shrinking share of the GST and risk even deeper service cuts by 2030, or will we fight for tax reform.
#sapol
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Fix the GST to unlock more than $2 billion for SA - News | InDaily, Inside South Australia
Will South Australia accept our shrinking share of the GST and risk even deeper service cuts by 2030? Or will we fight for tax reform?
https://www.indailysa.com.au/news/opinion/2025/07/22/fix-the-gst-to-unlock-more-than-2-billion-for-sa
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
The government doesn’t allocate a specific percentage of GDP to health or education. Why should defence be any different? On this Dollars & Sense,
@mattgrudnoff.bsky.social
&
@elinorjohnstonleek.bsky.social
discuss 'magic' defence dollars & the PM's China trip.
#auspol
🎧
theaus.in/3TMzpb6
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reposted by
Matt Grudnoff
Angus Blackman
7 months ago
It's magic money that doesn't count.
@mattgrudnoff.bsky.social
@elinorjohnstonleek.bsky.social
#auspol
australiainstitute.org.au/post/special...
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Special treatment: why are defence dollars different?
The Australian Government doesn’t allocate spending to health or education as a proportion of GDP. Why should defence be any different?
https://australiainstitute.org.au/post/special-treatment-why-are-defence-dollars-different/
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reposted by
Matt Grudnoff
Greg Jericho
7 months ago
The AFR with the list of 50 richest CEOs in Australia. Weirdly they are counting unrealised share holdings to determine how rich they are. But the AFR has been telling us that you can't count such things when trying to tax super balances above $3m. Guess these people aren't really rich at all....
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
While GST revenue shrinks, it's time for new ideas from the Federal Government to support our struggling states. It could: Impose a new excise on gas exports. Introduce a wealth tax for people worth more than $100m. Reform capital gains tax discount and negative gearing
@mattgrudnoff.bsky.social
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Tasmania can afford a new stadium. Here's how.
The Macquarie Point stadium proposal is controversial. It’s also painfully expensive.
https://australiainstitute.org.au/post/tasmania-can-afford-a-new-stadium-heres-how/
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
Leaked Treasury advice shows the Government is unlikely to reach their target of 1.2 million homes in 5 years. There are many ways to make up this revenue gap, like fixing the PRRT or negative gearing.
@mattgrudnoff.bsky.social
#auspol
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reposted by
Matt Grudnoff
Greg Jericho
7 months ago
The latest unemployment figures show the RBA has utterly failed its role of maintaining full employment.
#OffTheCharts
australiainstitute.org.au/post/the-lat...
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reposted by
Matt Grudnoff
Angus Blackman
7 months ago
@mattgrudnoff.bsky.social
makes some really interesting points here about why the dominance of for-profit childcare in Aus is bad & pretty odd. Plus: the interest rate decision & why it's so important to defend the PBS.
@elinorjohnstonleek.bsky.social
australiainstitute.org.au/post/rba-mov...
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RBA moves goalposts and keeps rates on hold - The Australia Institute
The Reserve Bank’s shock decision not to cut rates will hurt mortgage holders and the economy.
https://australiainstitute.org.au/post/rba-moves-goalposts-and-keeps-rates-on-hold/
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
The RBA's decision to keep interest rates on hold means more unnecessary suffering for Australian borrowers. “The high interest rates are slowing the Australian economy at a time when economic growth is on life support,” said
@mattgrudnoff.bsky.social
, senior economist at the Australia Institute.
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Wrong call - RBA rate hold unfairly dashes borrowers' hopes for relief - The Australia Institute
The Reserve Bank's decision to keep interest rates on hold at 3.85% means more unnecessary suffering for Australian borrowers.
https://australiainstitute.org.au/post/wrong-call-rba-rate-hold-unfairly-dashes-borrowers-hopes-for-relief/
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reposted by
Matt Grudnoff
The Australia Institute
7 months ago
“Regardless of what the US drug companies think of this practice, the Australian government has a sovereign right to design policy that benefits Australians," said
@mattgrudnoff.bsky.social
.
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Our PBS is a national treasure, not an international trade barrier - The Australia Institute
Extraordinary new analysis from The Australia Institute reveals the prices Australians would pay if the US had its way and dismantled our Pharmaceutical Benefits Scheme.
https://australiainstitute.org.au/post/our-pbs-is-a-national-treasure-not-an-international-trade-barrier/
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reposted by
Matt Grudnoff
Angus Blackman
7 months ago
The king is dead (sick). Long live the king.
@mattgrudnoff.bsky.social
standing in for
@grogsgamut.bsky.social
on today's Dollars & Sense. Episode out later today.
@elinorjohnstonleek.bsky.social
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I'd really rather they just paid more tax.
www.smh.com.au/world/north-...
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The Zuckerbergs stopped funding social causes – 400 children lost their school
The pioneering Primary School in California aimed to give disadvantaged children a boost but will shut down next year after the billionaire couple pulled the plug.
https://www.smh.com.au/world/north-america/the-zuckerbergs-stopped-funding-social-causes-400-children-lost-their-school-20250630-p5mb8m.html
7 months ago
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reposted by
Matt Grudnoff
Rod Campbell
8 months ago
Oh look, Env Minister Murray Watt just tripled the area of native habitat that tax-shy gas company Arrow Energy can destroy! When LNP's Greg Hunt approved this, he imposed "some of the strictest env conditions in Aus history" Not so strict anymore...1/4
@australiainstitute.org.au
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Matt Grudnoff
Leanne Minshull
8 months ago
Australia, Canada, Norway and U.S. are responsible for nearly 70% of projected carbon-dioxide (CO2) pollution from new fossil fuel projects between 2025 and 2035. Also Australia - "we are a renewable powerhouse and should host COP31"
#nonewcoal
#nonewgas
#climatecrisis
oilchange.org/blogs/planet...
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Planet Wreckers: Top Global North Countries Responsible for nearly 70% of projected new oil and gas expansion to 2035 - Oil Change International
Four Global North countries are responsible for nearly 70% of projected new oil and gas expansion from 2025 to 2035.
https://oilchange.org/blogs/planet-wreckers-top-global-north-countries-responsible-for-nearly-70-of-projected-new-oil-and-gas-expansion-to-2035/
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Matt Grudnoff
Emma Shortis
8 months ago
Members of the crossbench have written to Deputy PM and Defence Minister Richard Marles, calling for an urgent parliamentary inquiry into Aukus. In April, polling by
@australiainstitute.org.au
found 56% of Australians support such a move.
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