Budget 2011

Analysis and Comment (8)

Payday-1309495031
Good financial inclusion measures will protect consumers from predatory lenders. Flickr/rinkjustice

Giving credit where it’s due will ensure financial inclusion

The Australian government has begun to focus on the issue of financial inclusion, as reflected by an allocation of $60.6 million in this year’s federal budget. This follows earlier government support…
Tony_abbott_corridor
Personal credibility is what convinces voters. AAP/Alan Porritt

Abbott comes out swinging but is light on detail

As a boxer Tony Abbott had a limited but effective method described by some as “the whirling dervish”. He was full of energy and on the attack with arms swinging. It was a tactic that could work for the…
Swan_lock_up
Treasurer Wayne Swan supervises journalists examining his budget. His tax plans are a “fiscal illusion”. AAP/Andrew Taylor

The trouble with ‘taxeaters’ (aka middle-class welfare recipients)

Thinking about tax policy gives individuals the opportunity to devise their own “great society”. As economics laureate James Buchanan explains “Many economists, along with other social scientists and social…
Edwin_tang-et_flickr_gloria_jeans
Changes to the charity tax rules could impact on Gloria Jean’s among other organisations. Flickr/Edwin Tang ET

Charity tax changes to help lawyers and accountants, but no-one else

Tonight’s budget is expected to tighten a tax loophole for charities which run businesses unrelated to their charitable work. The government thinks it will increase revenue for Australia’s coffers. It…

Research and News (2)