The government says it is serious about improving living standards but it has failed to provide targeted and long-term relief for the people who need it the most.
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In this podcast we are joined by shadow treasurer Angus Taylor and Treasurer Jim Chalmers to discuss the third Albanese government budget.
Tuesday’s budget will show there has been an improvement of $10.5 billion in the bottom line. The update forecasted a deficit of $1.1 billion for 2023-24.
While the iconic ‘budget tree’ has its own narrative it’s now up to Chalmers to weave his budget story and kick some goals for the government.
The treasury will be given more resources to scrutinise investment proposals. In a speech, Treasurer Jim Chalmers will outline the guardrails around the new Future Made in Australia Act.
Unemployment and related payments for working-age people were given a welcome boost in last year’s budget. But they remain well below pensions, and far from adequate.
Next month’s budget is an opportunity for the government to move beyond its ‘I feel your pain’ rhetoric to a HomeKeeper-style policy for this particular group of temporarily squeezed Australians.
Treasurer Jim Chalmers has flagged substantial public investment likely including tax breaks and other incentives in next month’s budget to encourage industry.
Anthony Albanese’s head of the Productivity Commission Danielle Wood has sent a warning to the Albanese government that his new response won’t be costless.
In a speech to Committee for Economic Development of Australia Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade will be modest.
If Jim Chalmers were in television, he’d be the presenter, key producer and the warm-up act. The Budget might be two months away, but Chalmers is preparing us for his night in the spotlight.
All prime ministers break promises. But there are some whose breaches go into the history books – and Anthony Albanese has just joined that group.
Our super funds say they want to invest more in the net zero transition but that regulation blocks them. It’s time to put them to the test, and turn their piles of money toward a greener future.
The Mid-Year Economic and Fiscal Outlook (MYEFO) shows the federal budget is headed for a small $1.1 billion deficit this financial year, according to the update.
Infrastructure is always a vexed issue. The program is full of pork barrelling, whoever is in power. Even when that’s not involved, what to build and when it should be built is often contested.
If big money is going to invest in clean energy and technology, the rules have to be clear. Australia’s launch of a green finance strategy last week was a good start but there is further to go.
In this podcast, @michellegrattan and @amanda.dunn10 discuss the week in politics
The government has not been able to convincingly explain its decision to refuse Qatar Airways’ bid to expand its flights to Australia.
The ageing population will strengthen the trend towards a service-based economy, with the care and support sector potentially doubling over the coming four decades.
For measures of wellbeing to be useful to the budget process, they will need to be both timely and capture more than the ‘average’.
Principais colaboradores
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Professorial Fellow, University of Canberra
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Emerita Professor, Department of Politics and International Relations, University of Adelaide
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Professor, School of Economics, The University of Queensland
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Professor, School of Politics Economics & Society, Faculty of Business Government & Law, University of Canberra
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Honorary Fellow, School of Social and Political Sciences, The University of Melbourne
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Transport and Cities Program Director, Grattan Institute
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Professor, Australian Studies Institute, Australian National University
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Lecturer in Economics, Monash University
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Professor, Monash University
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Senior Lecturer (Law), Southern Cross University
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Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney
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Professor, University of Canberra
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Research Director, Institute for Sustainable Futures, University of Technology Sydney
