A textbook conundrum: stoke an economy or pay down debt?
It's economics 101: to pay down debt, you must restrict spending or raise taxes. To stoke an economy, you've got to do the opposite. So which way will this government go?
Education is a central economic pillar, but of greater importance is its contribution to our society.
Education is a central pillar of our economy. Not only does the education sector employ nearly 8% of Australian workers, it is our fourth largest export earner.
Struggling to separate your Future Funds from your forward estimates?
If you've ever felt bamboozled by the reams of information released in the federal budget, this simple how-to guide should help.
Rather than an unfortunate but unavoidable side effect of economic advance, increased inequality that results from rent-seeking is arguably cancerous.
Our policy-makers know perfectly well how to reduce inequality and tackle political favouritism. The question is, will this federal budget even try?
Agriculture remains a major employer in Australia but the challenges of competition, food security and climate change are on the horizon.
AAP image/supplied by Graincorp
As the Coalition government prepares its second budget, how is the "five pillar" economy promised by Tony Abbott faring?
Prime minister Tony Abbott has said the upcoming budget will be “routine”.
Discussions of tax usually focus on tax rates, not on tax bases. But both offer possibilities to increase the total tax take.
Prime Minister Tony Abbott said that he still expected to return the budget to balance in about five years.
Tony Abbott is making a particular hash of his messaging this week. The prime minister – and some other senior ministers too (think Treasurer Joe Hockey) – often throws out lines seemingly without much…