Austerity means choosing not to invest in citizens, contrary to the mandate of South Africa’s constitution.
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Articles on Budget
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Financial years create a standardised timeframe for business reporting, government budgeting and tax collection. But their start and end dates vary around the world.
Spikes in inflation are often blamed on government borrowing to deliver cash handouts. But it’s more complicated than that. The real issue lies in borrowing without a plan to balance the books.
Many of the party’s more ambitious proposals – like free cancer treatment and dental care for pensioners – were abandoned after the 2019 election, and have not resurfaced.
Which departments are the biggest winners and losers in this year’s budget? We’ve broken the budget documents down to show you where the money’s going - and where it isn’t.
The treasurer has juggled the economics and the politics by going big on spending while keeping a firm eye on inflation.
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.
The federal government says it’s committed to addressing the challenges faced by younger generations, including housing affordability and the high cost of living. Does the budget deliver on its promises?
Anthony Albanese will outline his plan for a “Future Made in Australia Act” which will bring together in a whole package of new and existing initiatives to boost investment in Australia.
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.
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.
Hayden investigated floating the dollar a decade before Labor did it, and he cut taxes and slashed spending growth, putting Labor on a new course.
Once you appreciate that a budget can work for you, it can be a financially empowering exercise.
Shutting down the government won’t help reduce the deficit. Here’s what would.
In this podcast, @michellegrattan canvasses the budget with Treasurer @JEChalmers, Shadow Treasurer @AngusTaylorMP and The Conversation's politics + society editor @amandadunn10
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.
Treasurer Jim Chalmers said that “for too long, those working in aged care have been asked to work harder for longer without enough reward, but with this budget that changes”
Top contributors
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Professorial Fellow, University of Canberra
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Senior Research Fellow, Johannesburg Institute for Advanced Study, University of Johannesburg
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Institutional Economics, RMIT University
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Professiorial Fellow, The University of Melbourne
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Professor of Economics, UNSW Sydney
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Program Director, Economic Policy, Grattan Institute
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Industry Professor, University of Technology Sydney
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Economist, UNSW Sydney
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Professor of Economics, University of Canberra
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Professor, The University of Melbourne
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Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne
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Visiting Professor at the Business School, University of the Witwatersrand
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Vice-Chancellor’s Fellow, University of Tasmania
