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John Kehoe

‘Should have been better, could have been worse’

It’s the financial cost of doing political business amid high community expectations on governments to spend on the latest problem.

Economists will rightly say this pre-election budget should have been better, but political realists know it could have been worse.

Two years after the pandemic hit, the employment and economic growth figures in the budget are a triumph for Australia and a selling point for the Morrison government.

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5a8l3