The Conversation’s economic experts react to the 2017-18 budget measures in the areas of living costs, economic management and infrastructure planning and investment.
The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
The political legacy of Abbott’s broken promises contributed to Malcolm Turnbull’s near-death experience at last July’s federal election. ThisTurnbull government budget will be largely about burying the legacy of its predecessor.
The agile working style was originally designed by tech companies for efficiency in software development but now one of Australia’s big four banks wants to implement this.
When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
The Victorian budget brought with it an increase in privatisation, which follows on from other state budgets, but the evidence for efficiency in this type of system isn’t there.
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
Politics podcast: Jane Halton on how to make a federal budget
The Conversation/ University of Canberra23.9 MB(download)
In a special budget podcast for the University of Canberra's Institute for Governance and Policy Analysis, Michelle Grattan discusses with Jane Halton the makings of a federal budget.