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’.
The government has announced who Philip Lowe's successor is, deputy governor Michele Bullock - She will be the first woman to hold the position.
Chalmers is in the driver’s seat as another Labor government copes with an economic crisis – very different from the GFC, but similar in being driven by circumstances not of the government’s making.
The government has delivered measures to ease cost-of-living, the critics will say it hasn’t done enough.
A strong revenue flow, including from a pick-up in wages, appears to have made it possible for the government to do somewhat more on welfare payments than it originally intended
Tuesday’s budget will forecast a growth in real wages of three quarters of a percentage point over the year to June 2024. This is an upgrade of half of a percentage point since the October budget
While Albanese (who lands back in Australia on budget eve) basks in the international limelight, at home Treasurer Jim Chalmers this week has been feeling the heat of the spotlight.
The Reserve Bank was made subservient to the government for a reason. Chalmers out to think carefully about abandoning the right to overrule it.
The infrastructure pipeline includes rail and road projects in the capitals as well as rail and road construction and upgrades in regional and outback areas
Managing expectations before a budget is always tricky. Two committees are making this especially so for Treasurer Jim Chalmers ahead of his second budget.
Just as we have the country’s smartest legal minds on the High Court and our best health practitioners setting vaccine policy, the review wants the best economists to set monetary policy.
These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible