Modern monetary theory is gaining traction in a global economic environment that defies the efforts of policymakers to restore growth.
Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.
Economist Ross Guest unpacks some of the key numbers in the government's mid year budget update, with seven charts.
While MYEFO discussion focuses on the budget deficit, experts say it also serves as a stark reminder of the need for bigger policy ideas in Canberra.
Kenya's university budgets are a closed book – and this lack of transparency is bad for institutions and the country as a whole.
Health was not the priority in South Africa's budget this year - more pressing issues took centre stage.
Republican presidential candidate John Kasich likes to tout his record as governor of Ohio. Is it a case of oversell?