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Articles on Budget

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The key reason for the squeeze on household spending and saving is of course the ongoing weakness in the growth rate of household disposable income. Lukas Coch/AAP

Budget policy check: does Australia need personal income tax cuts?

The government says personal income tax cuts are needed to provide relief from low wages and high cost of living, but will tax cuts make up for that?
Funding for the Children’s Health Insurance Program (CHIP) has run out. stockcreations/shutterstock.com

Time to stop using 9 million children as a bargaining CHIP

Funding for a children's health insurance program ran out at the end of last September. Despite the program's clear benefits, plans to renew it have been caught in partisan bickering.
Slightly more optimistic economic figures gives Scott Morrison and the Turnbull government a boost heading into 2018, as the charts explain. Lukas Coch/AAP and The Conversation

Seven charts on the 2017 budget update

Seven charts on the highlights from the government's mid year update of the budget.
Each year the government runs a A$40 billion deficit, it increases the lifetime tax burden for households headed by a person aged 25 to 34 by A$10,000. Lukas Coch/AAP

Young Australians will wear the costs of Turnbull’s middle income tax cut

Unless the government is willing to increase taxes elsewhere to pay for tax cuts there will be longer-term costs for the budget and the economy. And younger Australians will wear these costs.
There are claims President Jacob Zuma may push through irresponsible proposals relating to higher education funding. Reuters

What the hijacking of South Africa’s Treasury means for the economy

The imposition of the fee free higher education proposal on South Africa's National Treasury without due consideration represents an escalation of the state capture led by President Jacob Zuma.

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