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Business + Economy – Articles, Analysis, Comment

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The Turnbull government’s ‘ideas boom’ is not that dissimilar to innovation plans that have come before it. Mick Tsikas/AAP

Turnbull still hasn’t sold us on the innovation dream

For many, innovation is perceived as a precursor to more unwelcome changes at work and potentially to job losses, but innovation is about more than increasing corporate profits.
All eyes are now on Malcolm Turnbull to help deliver on his pitch to transition the economy. Sam Mooy/AAP

Budget does little to help ‘transition’ the economy

We have to look very hard to find the “ideas boom” in this budget.
Economic reality has intruded on rosy budget predictions for years now and the Pre-election Economic and Fiscal Outlook may soon challenge Treasurer Scott Morrison’s forecasts. AAP/Mick Tsikas

Three critical tests for Budget 2016: how does it fare?

Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
This is the plan. AAP/Mick Tsikas

Budget 2016: Winners and losers

Click to find out if you’re a winner!
This year’s federal budget will be a tricky affair for government and opposition. Mick Tsikas/AAP

Election budgets can only ever be a charade

The impending election will mean a lot of spin and little substance from both sides of government in this year’s federal budget.
Federal Treasurer Scott Morrison says the government, like families, must live within its means. Mick Tsikas/AAP

Infographic: the size of Australia’s government

How Australia spends its money, and how this compares to other OECD countries.