The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country's economy and finances.
Reading straight from Ed Balls’ playbook.
Stefan Rousseau PA Wire/PA Images
Hammond has taken an oddly similar stance to former shadow chancellor Ed Balls: running a deficit and boosting infrastructure spending.
South Africa’s currency, the rand, has been highly volatile recently.
South Africa's central bank should urgently insulate the rand from further financial chaos by imposing tighter exchange controls.
‘Well do ya punk?’
Scotland's numbers look far worse than the UK's.
The Land Registry is a valuable asset – so why not keep it in state hands, for the public good?
The temporary deficit levy is a tempting revenue raiser for any political party.
Labor is arguing that Australia should keep the temporary deficit levy, a tax introduced by the Coalition government to help reduce the budget deficit.
Major economic indicators have not changed since the federal budget.
Treasury is standing by the assumptions made in the federal budget.
Recent budgets have all failed spectacularly at achieving debt targets.
Yet another budget making claims of a gradual decline in government debt. But the credit rating agencies want us to keep these promises - or else.
In-out, in-out, shake it all about.
The credit-ratings agencies are already circling to cut the UK's grade if it votes to leave the EU. Here's how their calculations work, and what we should do about it.
Finance Minister Mathias Cormann said the government is continuing to reduce the deficit and debt.
AAP Image/Paul Miller
The finance minister says the government is reducing the deficit and debt and lowering the spending growth trajectory of the previous government. Is that right?
Your simple guide to the budget deficit, how the money will be spent and the savings measures we can expect in the years ahead.
Fundamental shifts in the Australian economy have resulted in structural budget deficit.
In our federal budget explainer series, Guay Lim explains what Australia's structural deficit really means.
The continuation of Barnett is sure to meet opposition from other parties.
From autonomy to responsibility: the SNP's manifesto goes beyond the Scottish border.
The UK economy is more sleepy than happy.
N Azlin Sha / Shutterstock.com
The main parties are spending most of their time arguing over the speed and extent of cuts, when they should be talking about growth.
Cutting the deficit and growing the economy are central to the Labour Manifesto.
Stefan Rousseau/PA Wire
A key tenet of the Labour Party’s manifesto is reducing the budget deficit year-on-year through the lifetime of the next parliament.
Stefan Rousseau/PA Wire
The Conservatives are campaigning on the idea that they have succeeded at reducing the UK's fiscal deficit. But deficit reduction has been an economic failure.
The numbers check out. But how worried should we be?
AAP Image/Lukas Coch
“At the moment, we are spending over $100 million a day more than we’re collecting in revenue. Now that’s unsustainable, particularly given we’re spending nearly $40 million a day on the interest on the…
Remember the Maastricht criteria? No, I didn’t think so. Nor apparently do Britain’s political leaders, based on their manifestos for tackling the UK’s deficit. The Maastricht Criteria were the convergence…
Struggling with the numbers?
The Autumn Statement was supposed to be a celebratory moment for the coalition government – with its deficit-reduction strategy nearing completion and the 2015 election on the horizon, pre-election giveaways…
Ed to Ed.
Ed Miliband is trying to wrestle back the political initiative in Manchester. The leader of the opposition must avoid becoming mired in deeply complex constitutional questions of devolution at his party’s…