Peter Martin, Crawford School of Public Policy, Australian National University
Frightened by the prospect of an inflation rate approaching 8%, Chalmers has pumped very little into the economy, funding most of their extra spending by cutting Coalition programs.
Chalmers promised the budget would be “workmanlike”, not “flashy”, and he’s kept his word. Almost all of it had been pre-issued by the government, including measures and numbers.
Delivered against a background of rising inflation, increasing interest rates and huge global uncertainties, Labor’s first budget will also contain $33 billion in extra funding for pensions and payments.
the government on Monday will point to 28 major defence projects running a total of more than 97 years late, as it highlights pressures it faces on the budget
Jim Chalmers on Tuesday announced the budget outcome for the financial year just ended will be nearly $50 billion better than anticipated at the time former treasurer Josh Frydenberg’s delivered his budget in March.
In this podcast, Michelle & Amanda Dunn discuss the $50b windfall improvement announced by Jim Chalmers, legislation for a national integrity commission, and the challenges facing a republic
The Parliamentary Library would certainly benefit from more funding, but the Parliamentary Budget Office urgently needs a wider brief and greater independence
Study after study has shown that stadiums are terrible public investments. Taxpayers rarely want to pay for them. So why do governments keep subsidizing them?
New research finds Japan has 14 times more solar and offshore wind energy potential than needed to supply all its current electricity demand. It doesn’t need Australia.
Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne