What is almost certainly the Gillard government’s last budget delays the attack on the deficit and concentrates on entrenching “legacy” programs, for which Labor hopes to be remembered. Dealt a difficult…
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Articles on Wayne Swan
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The good times are over. That’s the message both parties are sending out ahead of the budget and September’s election. Shadow treasurer Joe Hockey promises major cuts to spending and welfare if the coalition…
No sooner had Treasurer Wayne Swan accused the Europeans of “mindless austerity” a month ago than he embarked on a resolute but most likely counter-productive search for cost savings in the coming May…
Prime Minister Julia Gillard has announced a 0.5% increase in the Medicare levy to help fund the National Disability Insurance Scheme (NDIS) - but Labor will not bring in legislation for the higher tax…
The estimate of budget tax revenue collection for 2012-13 has been further slashed, with the Treasury now saying it will be $12 billion less than forecast in October. The revision is another blow to a…
Treasurer Wayne Swan will today promise to release the 2012-13 budget outcome “well before the election”, as part of measures to increase budget transparency and put pressure on the opposition over costings…
Treasurer Wayne Swan has acknowledged it’s unlikely the government will deliver the budget surplus it had been promising for next year, following the release of a disappointing monthly financial statement…
Treasurer Swan could reduce the headline corporate tax rate from its current 30% rate to just over 15%, with virtually no consequences for government tax revenue with one simple piece of legislation: simply…
Treasurer Wayne Swan recently noted that Australia now has the world’s twelfth largest economy. This suggests it has moved up three places during Labor’s period of office, and regained the three places…
Wayne Swan’s remark last month that the US Republican Party had been taken over by “cranks and crazies” is notable in two respects. First, it is true. Second, it marks a further move towards a globalised…
Foreign investment, like any other policy, is a complex juggling act. A balance between welcoming foreign investment – without which Australia cannot survive – and protecting Australian interests in not…
Wayne Swan’s deeply felt and widely pilloried use of the music of Bruce Springsteen as some kind of political motivation begs some interesting questions. On the one hand it has those of us who remember…
“Class warfare” is an emotive term that would seem to belong to a bygone age when there also existed, as in the minds of many people, something called the “class struggle”. It would seem strange that in…
Labor’s budget continues a path set since 2007. It shows the technocratic skill of a government clever at policy detail; but also one unable, or perhaps unwilling, to challenge the economic straitjacket…
The 2012 budget came at a particularly challenging time for Labor. The government has sought to achieve two distinct (if related) political goals: bolster Labor’s “economic management” credentials and…
“Walk into the local pet shop and the resident galah will be talking about microeconomic reform.” So Paul Keating once famously quipped about the significance of the government’s microeconomic reform agenda…
As Treasurer Wayne Swan approached the despatch boxes tonight, the nation’s political focus was finally fixed on the Gillard government’s second budget. His speech ended a budget day like no other, with…
Mining magnate Clive Palmer has put his name forward to run for the Liberal National Party (LNP) against Treasurer Wayne Swan in the Queensland seat of Lilley at the next election. Palmer has been a vocal…
When they each ran significant chunks of the Australian mining industry in the 1970s, the late titans Sir George Fisher and Sir Maurice Mawby were often dismayed at the attacks politicians, and others…
Over the last year or so, the Occupy movement has garnered wide attention, with people of all backgrounds gathering to protest the deteriorating social conditions. However, these grievances have been running…
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