It’s a surplus of fantasy: $100bn deficit in a decade
Treasury’s expectation that the budget will return to surplus in a decade is based on “fanciful” assumption, new research authored by the e61 Institute has claimed.
Our Team
Latest
Economists warn Dutton’s petrol excise cut risks rekindling inflation
The Coalition’s proposal to slash costs at the bowser risks rekindling inflation, threatening to further delay interest rate relief.
Bracket creep wipes out Labor’s tax cuts
Why taxpayers are set to lose more than $5000 a year despite the tax cut handed down in the federal budget.
Rate cut unlikely despite inflation drop
The Reserve Bank is unlikely to deliver a second consecutive rate cut when its new board meets next week, keeping the cash rate at 4.1 per cent.
Whyalla ‘off-budget’ spend conceals the creep
Jim Chalmers plans to spend almost $85bn ‘off-budget’ over the next four years, adding to gross debt.
‘We can’t see the vision’: corporate leaders bemoan policy drought
Business leaders have criticised the Albanese government’s fourth federal budget for its lack of vision, ‘modest’ measures and lack of support for small businesses.
‘Top-heavy’ bureaucracy needs efficiency, not cuts
The federal bureaucracy is ‘too top heavy’ and some of its employees are overpaid, the former head of the nation’s public service watchdog Andrew Podger has said.
Taylor delivers zilch in a policy-free outing
Angus Taylor has been unable to say whether the Coalition would increase defence spending, repeal price caps on coal and gas, or by how much it would reduce net overseas migration.
Chalmers takes budget into the red zone with no way out
Treasurer Jim Chalmers has admitted there may be years of deficits as economists urge Labor and the Coalition to end the pre-election spendathon, tackle the structural deficit and improve productivity.
Coalition vows to reduce spiralling costs of $44bn NDIS
The ballooning cost of the NDIS remains ‘out of control’, opposition finance spokeswoman Jane Hume warns, as Peter Dutton foreshadows a ‘big announcement’ in his budget reply speech. (Live blog – closed)
Original URL: https://www.theaustralian.com.au/author/jack-quail/page/3