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Family not forgotten: Tony Abbott is congratulated following his budget reply.

Middle class welfare: terrific politics, but terrible economics

“We are animated by but one desire — to do that which is best for Australia, and fair, just, and equitable to all the states, and to all classes and sections of our community.” This quote comes from the…
Balanced response: Tony Abbott’s budget speech should be thoughtful, not just critical.

Same old cycle - explaining our budget attention deficit

There is a sublime moment in the first series of The Thick of It, the brilliant British comedy TV series that satirised the inner workings of modern government, where the Minister for Social Affairs and…
Woolworths’ Masters chain is set to challenge Bunnings’ market dominance. Flickr/beeep

Can Woolworths master the tools of Bunnings’ trade?

Woolworths has unveiled details of its plan to launch an assault on the $42 billion Australian hardware and home improvement market with its Masters store brand, raising the prospect of a new chapter in…
Microsoft’s US$8.5 billion purchase: investment folly, or money well spent? Lou Dematteis/EPA

Skype and Microsoft: a deal worth ringing home about?

So, Microsoft has announced it will buy Skype in a US$8.5 billion move that has left the technology and business worlds puzzled. Owners of Microsoft shares might be most puzzled of all, maybe even tearing…
Microsoft CEO Steve Ballmer, left, has big plans for Skype. Kimihiro Hoshino/AFP

A big call: what Microsoft wants from Skype

Microsoft’s US$8.5 billion Skype acquisition, announced yesterday, gives the US software developer a golden opportunity to expand its business via the internet, including accessing and leveraging the rapidly…
Does the budget lessen or deepen the male-female divide?

Tax, women and the Henry Review

The Budget: What does it have to do with tax reform? This year’s budget claims to “progress the government’s tax reform agenda, improving fairness and integrity in the tax system”. Does it? The short answer…
The government’s targeting of welfare marks a significant policy shift. AAP

How this budget put welfare to work

Apart from the reassuring signals to financial markets about the deficit reduction, the longer term significance of this year’s budget is about restructuring the relationship between welfare and work…
Extra funds for mental health and regional hospitals balanced other budget cuts.

Budget maintains a healthy weight

We were chilled by the prospect of a radical weight-loss austerity budget, but it did not occur in health. While liposuction was applied to several programs – hearing services and general practice-based…
The government must broaden the resources tax in line with the Henry Review. AAP

The federal budget’s too-hard basket

Last night’s federal budget is a good time to analyse the government’s take on the economy and its economic policy agenda. In this budget, the Treasurer is cautiously upbeat about Australia’s medium term…
Stronger higher education spending will help Australia become a ‘clever country’.

Did universities get their fair share?

The Gillard Government has reiterated its commitment to education in this year’s budget, and universities in particular. Universities with regional campuses were the biggest winners, receiving $110 million…
Key debate to sharing the boom is taxing of economic rent on resources. AAP

Sharing the benefits of the boom

The Commonwealth and state governments share a portion of the revenue windfalls of a mining boom through income taxation and royalties. However, both the current arrangements, and proposed changes by the…
Treasurer Wayne Swan will now have to sell his federal budget. AAP

Federal budget: the experts comment

Treasurer Wayne Swan has released his budget, with $22 billion in cuts and a return to surplus by 2012 - 2013, initiatives to increase workforce participation, plans to boost infrastructure investment…
The Federal Budget hoopla is largely a symbolic gesture. AAP

Reading Swan’s budget symbolism

Federal Budget night has become widely held as the most crucial event in Australia’s political calendar. After all, any statement of how more than $300 billion is going to be raised and a similar amount…
What problems? Wayne Swan meets British Chancellor George Osborne and Belgium’s Finance Minister Didier Reynders at April’s IMF meeting. AAP

Why Wayne Swan is the envy of the world right now

Federal Treasurer Wayne Swan says he is set to deliver a tough budget. Julia Gillard remains committed to bringing government back to surplus by 2013. Budget day is an appropriate moment to ask how the…
Changes to the charity tax rules could impact on Gloria Jean’s among other organisations. Flickr/Edwin Tang ET

Charity tax changes to help lawyers and accountants, but no-one else

Tonight’s budget is expected to tighten a tax loophole for charities which run businesses unrelated to their charitable work. The government thinks it will increase revenue for Australia’s coffers. It…
Invest early for the best employment outcomes. AAP

Four ways to get people back into work

Tonight’s budget will bring major policy announcements directed at improving labour market outcomes for unemployed persons and welfare recipients. In her speech at the Sydney Institute on April 13, Julia…
Future falls in mineral prices could hurt Australia’s economy. AAP

Are we in danger of squandering the boom?

The International Monetary Fund recently called on Australia to bank more of the proceeds of the resources boom. The fund has warned that Australia needs to manage its resources wisely, or run the risk…
Bleak US labour data may be driving this week’s commodities sell-off. AAP

Going down: what’s pushing oil, gold and silver prices lower

There has been a dramatic fall in the price of oil and some commodities over the last few days, with oil plunging by as much as 10% per cent in US trade overnight. The price has recovered somewhat this…