We’ve two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
Delivering his post-budget address, Bowen will point to an analysis released by KPMG estimating that by the end of the forward estimates Labor’s tax-to-GDP ratio would be just over 24%.
The Commuter Car Park Fund announced in the budget sounds big, but is likely to create only around 30,000 extra spaces – a marginal benefit for Australia’s 1.2 million daily public transport users.
As Morrison readies to call the election, with speculation he will announce next weekend for May 18, he has also increased his lead over Shorten as better prime minister in Newspoll.
Invasive pest ants cause billions of dollars worth of damage to crops, and threaten some of Australia’s World Heritage rainforests. The federal budget has pledged nearly $30m on wiping them out – but how?
The Labor Party has signalled that equality and fairness will form the centrepiece of its policy framework - but there will be challenges to that if it wins office in May.
The Morrison government’s tax changes will benefit high income earners the most and low income earners the least, says the National Centre for Social and Economic Modelling.
If you’ve got money and are in your mid-60s you’ll be able to funnel more into super without even working under a budget plan that makes a mockery of super.
Despite boasts of ‘record’ infrastructure spending, relative to GDP it’s comparable to previous budgets. What’s different is that Treasurer Frydenberg has chanced his arm more over the longer term.
The government has delivered a pretty disappointing budget for education, with no secure funding for early childhood education and a recycled commitment of $300 for schools.
Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne