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Articles on Federal Budget 2019

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Treasurer Josh Frydenberg and Prime Minister Scott Morrison at a campaign rally. They’ll have to shore up a weakening economy. Mick Tsikas/AAP

Their biggest challenge? Avoiding a recession

Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
Bowen says it will be 18 months before the assumptions underpinning the projected 2019-20 surplus can be fully assessed. Mick Tsikas/AAP

Bowen says Labor would have lower tax take than under Howard years

Delivering his post-budget address, Bowen will point to an analysis released by KPMG estimating that by the end of the forward estimates Labor’s tax-to-GDP ratio would be just over 24%.
With more than a million Australians using public transport to get to work each day, demand for car parking at the station is virtually insatiable. Philip Mallis/flickr

$500m for station car parks? Other transport solutions could do much more for the money

The Commuter Car Park Fund announced in the budget sounds big, but is likely to create only around 30,000 extra spaces – a marginal benefit for Australia’s 1.2 million daily public transport users.
Shorten said the government was buying time “to pump up their own tyres” with advertising. Ellen Smith/Joel Carrett/AAP

Coalition narrows gap to trail 48-52% in post-budget Newspoll

As Morrison readies to call the election, with speculation he will announce next weekend for May 18, he has also increased his lead over Shorten as better prime minister in Newspoll.
Argentine ants are a fact of life in many parts of Australia, but can still potentially be banished from Norfolk Island. Davefoc/Wikimedia Commons

Invasive ants: federal budget takes aim but will it be a lethal shot?

Invasive pest ants cause billions of dollars worth of damage to crops, and threaten some of Australia’s World Heritage rainforests. The federal budget has pledged nearly $30m on wiping them out – but how?
The National Centre for Social and Economic Modelling has calculated the impact of the 2019 federal budget’s tax and welfare transfer changes. www.shutterstock.com

NATSEM: federal budget will widen gap between rich and poor

The Morrison government’s tax changes will benefit high income earners the most and low income earners the least, says the National Centre for Social and Economic Modelling.
Frydenberg may claim education is critical to the prosperity of our country, but his budget does not reflect this. from shutterstock.com

Don’t be fooled, billions for schools in budget 2019 aren’t new. And what happened to the national evidence institute?

The government has delivered a pretty disappointing budget for education, with no secure funding for early childhood education and a recycled commitment of $300 for schools.
The budget provides some short-term boosts for aged care and mental health but little opportunity for much-needed structural reform. Shutterstock

Budget 2019 boosts aged care and mental health, and modernises Medicare: health experts respond

The budget includes a step towards modernising Medicare, through a new annual payment for each person with diabetes who signs up with a specific GP.

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