Articles on Federal Budget 2011

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PM Julia Gillard says there’s only way the surplus should go. AAP

Federal Budget 2011: Do we need a budget surplus?

“The right thing to do with an economy that is moving towards full capacity and full strength is to deliver a budget surplus.” - Prime Minister Julia Gillard In collaboration with The Drum, The Conversation…
Women are most likely to depend Centrelink payments. AAP

How the surplus drains the gender balance

FEDERAL BUDGET 2011: In recent decades, the budget surplus has become a goal in itself and an obsession for governments. In the process, we have lost some perspective on what kind of social and economic…
“And then children, we returned the budget to surplus…” AAP

Why Wayne and Julia are hooked on ‘deficit fetishism’

If pre-budget statements by Julia Gillard and Wayne Swan are an accurate guide, this year’s Federal Budget is shaping up as marking a change in the direction of Commonwealth taxing and spending priorities…
“It’s cyclical, no wait…” AAP

It’s the structural deficit, stupid

In order to understand why the government has committed itself to a budget surplus, we must distinguish what is known as the structural budget balance from the cyclical budget balance. We also need to…
On a wing and a prayer for the budget? AAP

Worshipping the debt-free mantra of surplus

To understand the political uses of budget surpluses, we need to go back to the early 1980s when Australia and New Zealand governments self-imposed a fiscal straitjacket. They decided that running a surplus…
Stretch it out: calls for a Sovereign Wealth Fund are intensifying.

Is a sovereign wealth fund a good idea?

Calls to establish an Australian Sovereign Wealth Fund have intensified with the world’s biggest bond managers, Pacific Investment Management Co (Pimco) calling on the Federal Government to manage for…
The $125m already spent on bowel cancer screening will be wasted if the program isn’t funded in the May Budget. AAP

Saving lives and money: why Australia needs bowel cancer screening

This year 17,000 Australians will be diagnosed with bowel cancer and every week 80 people will die from this disease. Meanwhile Australia’s National Bowel Cancer Screening Program (NBCSP) has run out of…

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