Articles on Parliamentary Budget Office

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The Australian system allows for fuel excise exemptions for off-road usage by the mining industry and by primary producers. AAP Image/Alan Porritt

Estimating the ‘cost’ of fuel tax credits is a tricky business

Critics of Australia's fuel tax credits system have pointed to its impact on the budget bottom line, but calculating that cost is far from straightforward.
Parliamentary budget offices are considered international best practice – they are intended to bring more honesty to the budget process. Shutterstock

Who watches the watchmen? Lessons from Uganda’s budget office

The scandal at Uganda's Parliamentary Budget Office shows that figuring out the proper roles, functions, internal controls, and capacities is more pressing than ever.
Chris Bowen stressed that Labor’s fiscal program, when fully released, would ‘see us return to budget balance in exactly the same time frame as the government’. Mick Tsikas/AAP

Labor to release savings package

The opposition will attempt to strengthen its economic credentials by announcing on Friday a package of savings to help pay for its policies and improve the budget bottom line.
In his Tuesday National Press Club address, Chris Bowen highlighted the need to preserve Australia’s AAA credit rating. Dean Lewins/AAP

Aspiring treasurer Chris Bowen looks fit for purpose

Chris Bowen presented at the National Press Club on Tuesday as a well-prepared alternative treasurer, who could slot into the real job very easily if July 2 brought the chance. “Neat” is the word that…
Mining magnate Andrew Forrest might be be down $2 billion, but the decline in commodity prices is just one of many factors hurting Tony Abbott’s budget bottom line. Nikki Short/AAP

Productivity could trump the iron ore price, but who’s counting?

In the wake of a falling iron ore price that has cut his personal fortune by more than A$2 billion, Andrew Forrest has remained unperturbed, saying: “I didn’t count on the way up, and I’m not counting…

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