Deep Saini speaks to Michelle Grattan about the week in politics.
The budget deficit is as good as dead. For practical purposes we are back to normal with financial firepower recharged for the next crisis.
In it’s first inclusion in the Open Budget Index of 115 countries, Australia ranks 12th.
The improvements in the government’s debt position are entirely because of revisions in economic assumptions, not fantastic fiscal management.
Chris Jones, Aston University; Donald Hirsch, Loughborough University; Ed Turner, Aston University; Geoff J Rodgers, Brunel University London; Gwilym Pryce, University of Sheffield; Jill Rubery, University of Manchester; Linda Bauld, University of Stirling; Michael Kitson, Cambridge Judge Business School; Paul Nieuwenhuis, Cardiff University, and Peter Bloom, The Open University
Academics deliver their verdict on Philip Hammond.
Most of the evidence drawn on by critics of the trial comes from places that have implemented such programs. So, have they worked?
The Schapelle Corby media circus wasn’t reflected in Twitter stats and calls to boycott Fairfax during the staff strike show limited impact on this social media platform as well.
The Turnbull government’s schools funding proposal ‘should be embraced by all sides of politics’ provided some adjustments are made, a Grattan Institute submission says.
Contrary to what Labor and the banks have predicted, revenue from the bank levy will likely be higher, even with deductions.
The fact that a university has a surplus doesn’t mean it has a profit to be either reinvested or returned to shareholders. Grants, for example, should be spent on the projects they’re intended for.
Some predict Turnbull’s leadership will be in the frame unless the numbers improve; on the other hand, another change would be extremely hard.
With its recent budget changes, the government is proposing a rise in marginal tax rates across a wide band of middle incomes and a marginal tax rate cut for the top.
The government’s proposed drug test trial shows how data profiling and surveillance targets the poor.
The federal government has defunded a national research agency that looks at how best to adapt to climate-related impacts such as floods, droughts and heatwaves - a decision that could cost lives.
Budget 2017 has allocated A$100 million to boost innovation and advanced manufacturing. But can it fill the hole left by automotive industry closures?
A push towards prescribing generic medications rather than their branded equivalents, as flagged in the budget, may have benefits beyond simple cost savings.
The federal budget will pump A$90 million into boosting domestic gas production, as well as investing in pumped hydro and measures to monitor energy prices.
Polled economists say another independent body wouldn’t necessairly do a better job of economic forecasting for the budget than Treasury.
When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
When the public are deeply cynical and distrustful, and have turned their back on a government, can that government change its image and the voters’ view?