Articles on Budget 2017

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With high capital costs linked to petroleum and gas infrastructure, collection of PRRT funds for regional development may be delayed for several years. Phil Noble/Reuters

Government’s oil and gas tax response will leave regional communities at a loss

Local communities are likely to be dissatisfied with the report from the PRRT review because its recommendations only apply to future projects and won't herald any changes in the budget.
The actual corporate tax rate in Australia is considerably lower than 30% due to the high utilisation of imputation credits by shareholders. Mick Tsikas/AAP

The government’s company tax cut win a triumph of politics over economics

The company tax cut may signal to the world that Australia wants to be competitive on corporate tax, but it won't make much of a difference to our largest businesses and multinationals.
Despite all the proposals to combat housing affordability, Scott Morrison will need to make hard political decisions on policies that will actually make a difference. Lukas Coch/AAP

The latest ideas to use super to buy homes are still bad ideas

The latest thought bubbles about using super savings for housing might be less harmful than in the past, but they would be just as ineffective.
An ill Anna Bosigo is fed by volunteer worker Lydia Mbhalo in the Orange Farm township, south of Johannesburg. Reuters/Siphiwe Sibeko

South Africa isn’t budgeting for its care economy. What can be done about it

Social welfare budgets have simply not been adequate to plug decades’ worth of under-resourcing, especially in black communities. It's a good place for government to start giving life to its slogans

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