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Articles on Federal Budget 2014

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The fair go has been selectively reinterpreted as applying only to competitive opportunities for the economically productive. John Englart (Takver)/Flickr

The state of Australia: welfare and inequality

In the lead-up to the budget, the story of crisis has been hammered home, but there’s more to a country than its structural deficit. So how is Australia doing overall? In this special series, ten writers…
What’s going on with all of this talk of a budget crisis? AAP/Lukas Coch

Crisis envy and the budget: a Very Serious Problem

As the 2014-15 budget nears, Australians are hearing that the government must mount an urgent repair job to address the looming structural crisis that will see the budget in deficit for decades to come…
The states have signed on to a capital recycling deal but finding projects to apply it to could prove challenging. Alan Porritt/AAP

Capital recycling plan good in theory, difficult in practice

The provision of new infrastructure is a high priority for the Abbott government. It is a worthy cause. New infrastructure will ensure we remain competitive in the international market. Reducing logistics…
We’re unlikely to solve persistent challenges to the health system, such as ensuring equitable access to well-coordinated care, with quick fixes. AAP Image/Quentin Jones

The state of Australia: health

In the lead-up to the budget, the story of crisis has been hammered home, but there’s more to a country than its structural deficit. So how is Australia doing overall? In this special series, ten writers…
In commissioning a review of SBS/ABC efficiency, Malcolm Turnbull ruled out advertising on the ABC or changes to the broadcasters’ respective charters – but not budget cuts. AAP/Daniel Munoz

Triple trouble: will the ABC avoid budget cuts in a month of threats?

Due to Australia’s small population and high concentration of few media voices, public broadcasters play a pivotal role in shaping the media ecosystem and cultural landscape. With the ABC and SBS under…
When Tony Abbott and Joe Hockey present policies as if they are not choices, we should be sceptical. What choices has the government rejected? Daniel Munoz/AAP

A fiscal crisis? It’s about political priorities and neglected choices

As the 2014-15 budget nears, Australians are hearing that the government must mount an urgent repair job to address the looming structural crisis that will see the budget in deficit for decades to come…
Economic activity led by housing is strengthening - but a tough budget may dampen growth. AAP/Lukas Coch

Rates: housing-led upswing, but tight budget may drag growth

Latest economic news shows some promising signs for the Australian economy. However, the new government’s first budget next Tuesday is a big unknown. The unemployment rate fell to 5.8% in March while full…
Austerity programs were put in place after European governments bailed out their banks. But are they fair on the everyday citizen? Ben Andreas Harding

Do we have austerity obligations?

Governments are reining in spending on welfare, education and health care right across the western world. With the Commission of Audit recommending austerity measures that seemingly point to a tough federal…
Tony Abbott wants to be known as the ‘infrastructure prime minister’. David Crosling/AAP

Infrastructure spending to blame for budget shortfalls

The “massive infrastructure gap” prime minister Tony Abbott has set out to fix does not exist, according to new analysis of state and territory budgets by the Grattan Institute. The analysis found states…
Commission chair Tony Shepherd has missed an opportunity to spark a genuine budget reform conversation. Lukas Coch/AAP

Commission of Audit fails to consider costs and benefits

There are some good ideas in the Commission of Audit report. Unfortunately they’re buried in so much else that it’s hard to find them. For a report focused on the costs and benefits of government, it shows…
For general patients, the minimum co-payment would be A$15. Shutterstock

GP co-payments: a triple fail for the Commission of Audit

The Commission of Audit’s proposals about GP co-payments are just that, proposals. They are not government policy, nor should they be. Some aspects of the Commission’s recommendations are good. But the…
Confidence will be shaken if it becomes acceptable for governments to jack up taxes because they don’t approve of previous policies. AAP/Alan Porritt

Australia does not have a debt crisis – so just say no, Joe

In the lead-up to the federal budget on May 13 there have been the usual test balloons floated by the government. Raise the aged-pension eligibility age? A $6 co-pay for GP visits? Cuts to the ABC? And…
Australia’s next crisis: productivity. But wait, it’s a slippery topic. Image sourced from www.shutterstock.com

Why we should approach claims of a productivity crisis with caution

This week the Productivity Commission released its second Productivity Update. The Productivity Report reviews Australia’s “productivity performance” over the last year. It disaggregates the statistics…
Prime Minister Tony Abbott said a temporary deficit tax would not be a broken promise. AAP/Julian Smith

Abbott on back foot over tax levy, parental leave

Prime Minister Tony Abbott today struggled to reconcile a mooted “deficit reduction levy” with his promise not to raise taxes, while also fending off attacks from within the Coalition on his expensive…
Even as Australia is preparing for deep budget cuts, a new book questions the basic theory of economic growth.

We don’t need 19th century inequality to achieve 21st century growth

The Coalition government is currently rehearsing a well-honed rhetoric on “everyone having to do the heavy lifting” to justify Treasurer Joe Hockey’s slash and burn budget on social services and pension…
Tony Abbott is preparing the electorate for his government’s first budget. Julian Smith/AAP

Debt and deficit, levies and taxes: let the real debate begin

The prospect of a “debt” tax or some sort of “deficit levy” to assist with the budget bottom line should prompt a clearer debate about the virtues of raising taxes versus cutting expenditure as a means…
Fixing the pricing of combination therapies could save around A$120 million a year. Bart/Flickr

Want PBS savings? Fix the pricing for combined drugs

Last week, Treasurer Joe Hockey made a “case for change” in the way government spends money. His focus was largely on macro policy settings, such as pension entitlements, including access to schemes such…

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