Articles on Budget

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Many seniors pay less than younger workers on the same income as a result of special tax breaks for seniors. www.shutterstock.com

Why special tax breaks for seniors should go

The federal government could save about A$1 billion a year by changing three unfair tax breaks for older Australians, a new report says.
Eskom power lines. South Africa’s power utility may be in a much weaker financial position than generally appreciated. EPA/KIM LUDBROOK

Why South Africa’s power utility isn’t in great financial shape

A closer look into the latest financial numbers of South Africa's state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
In his Bloomberg Address on Thursday Scott Morrison talked of ‘the taxed and the taxed-not’. David Moir/AAP

Watch your language, Scott Morrison

Treasurer Scott Morrison has given notice of a fresh assault on the crucial challenge of budget repair. Let’s hope he and Malcolm Turnbull have learned from the unfortunate self-destructing experience…
Labor leader Bill Shorten has shown, with the announcement of the party’s super plan, that he’s willing to cooperate with the government on some measures. Mick Tsikas/AAP

A super test for Australia’s political system

Labor's superannuation plan shows some promise for budget repair, if the two parties can compromise where it counts.
What does the budget hold for health care? from www.shutterstock.com.au

Federal budget 2016: health experts react

This is a steady-as-she goes budget, mostly just confirming pre-announcements with only the expected unpleasant decisions, such as the continuation of the Medicare rebate freeze.

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