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Chris Richardson

Treasury must think again about the budget and the tax take

Last-minute upward revenue revisions will continue so long as the Treasury assumes commodity prices will face plant. That is not conservative: it’s silly.

How many dollars does Canberra have?

That isn’t a trick question, but it’s clearly been a tricky one: Australia’s budget forecasting has been bedevilled by avoidable errors.

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Chris Richardson is an independent economist.

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    Original URL: https://www.afr.com/politics/federal/treasury-must-think-again-about-the-budget-and-the-tax-take-20230328-p5cvy9