The shockwaves of this cut will be felt for years to come at Australian universities.
With a budget surplus in sight, it makes no sense to cut funding from Australia's research capacity.
Neither Treasurer Josh Frydenberg nor Finance Minister Mathias Cormann would commit to banking the proceeds of improved economic circumstances.
When assessed by the government's own rules, MYEFO fails. The government is spending the latest revenue windfall even though it promised not to.
Prime Minister Scott Morrison puts a gift under the Salvation Army giving tree at his office in parliament house.
The budget line known as "decisions taken but not yet announced" points to $9 billion of unannounced tax cuts.
Shorten’s message is that Labor is ready for office.
The government is worried about a conference which is a highly managed affair where divisions are being contained and participants have their eyes firmly on the prize of Labor winning power next year.
As happened during the last budget boom, the government will spend it (quite likely on tax cuts) leaving little for when things turn down down the track.
History suggests the government will spend most of the extra $10 billion per year that the MYEFO will reveal on Monday. The only problem is, those riches won't last.
The government is proposing to save A$2.2 billion on education over the next four years, which will hit students the hardest.
The cuts to higher education funding are more about making savings than improving higher education, and would be extremely hard to change in the future.
MYEFO leaves Treasurer Scott Morrison with the difficult task of managing Australia through a period of both sluggish GDP growth and a persistent budget deficit.
Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.
How does Australia’s economic growth shape up against the G7 countries?
AAP Image/Joe Castro
Ahead of the Mid Year Economic and Fiscal Outlook, minister for defence industries Christopher Pyne said a lot of jobs were created in 2016 and Australia has the highest growth rate in the G7. Is that true?
The world economy is inextricably linked with the US.
A lot has changed in the global economy since the Federal Budget 2016.
Federal Treasurer Scott Morrison will deliver the Mid Year Economic and Fiscal Outlook next week.
The US Fed meets expectations for a rate cut, Australia's unemployment rate heads upwards again, and all eyes look to the mid year budget update.
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Ahead of next week's mid-year economic and fiscal outlook, the government has been hit with the sobering news that real GDP shrunk in the September quarter.
Tony Abbott launched the Green Army program, and remains a big fan.
AAP Image/Britta Campion
The possible axing of the Green Army, which aimed to put thousands to work tending conservation projects, leaves many questions unanswered - the biggest being the reason for the sudden retreat.
Government spending, in part, reflects the policy commitments and borrowings of previous governments.
AAP Image/Dan Himbrechts
Shadow treasurer Chris Bowen told journalists that since the last federal election, the government has had spending as a percentage of GDP at GFC levels. Is that right?
More than three in every four Medicare-billed pathology tests are analysed by one of two big corporations: Sonic Healthcare and Primary Health Care.
Industry consolidation and technological advances have completely reshaped the pathology industry over recent decades. But the way governments pay for pathology services hasn’t kept up.
Shadow Assistant Treasurer Andrew Leigh.
Michelle Grattan discusses the mid-year economic and fiscal outlook with Shadow Assistant Treasurer Andrew Leigh.
Scott Morrison and Mathias Cormann unveil the Mid Year Economic and Fiscal Outlook for 2015-2016.
The government has revised down its forecast for economic growth to 2.5% and an expected deficit of $37.4 billion.
Stephen Parker and Michelle Grattan take a look what confronts both Malcolm Turbull and Bill Shorten in the coming weeks.
Finance Minister Mathias Cormann and Treasurer Scott Morrison will next week deliver a grim mid-year economic and fiscal outlook.
Paul Millar/AAP Image
Having landed the innovation statement on a cloud of optimism, the Turnbull government faces some character-forming days in the coming week.
The budget deficit is going to be way more than $35 billion.
The MYEFO numbers aren't going to be pretty - but the projected future budget deficits are a fantasy.
Justin Trudeau’s contradictory promises to fund infrastructure but also balance the budget might resonate with Malcolm Turnbull.
Australia faces a remarkably similar list of challenges to Canada.