People often don’t realise how obsessed governments become with how their opponents will react to anything they do or say. Albo seems to have a bad case of this.
The treasurer is utterly at odds with those in the Reserve Bank who say the economy is running a bit too hot – and he does not mind if Australians watch the argument live.
Treasurer Jim Chalmers says he will use the pre-election budget to continue the inflation fight.
Senator Andrew Bragg says growing university debts are keeping young Australians out of the housing market. But his proposed solution ignores the root of the problem.
A faster than expected drop in iron ore prices will hit the budget bottom line.
Future Made in Australia is in limbo unless the Albanese government provides assurances the centrepiece policy will not be used to buy votes.
Governments around the world,including Australia,are using taxpayers’ money to support emerging industries. Now there are warnings these programs may achieve little.
Randomised controlled trials aren’t just for medicine and pharmaceuticals – they can also help put our taxes to better use in properly evaluated government programs.
Lower spending has helped the budget show the third-largest surplus on record. But it is likely the nation’s finances will shift from the black into the red.
Without big spending cuts or tax increases,the budget faces “forever” deficits if governments try to deliver further tax cuts to working Australians.
The Greens and Liberals joined forces in parliament on Monday to postpone the vote on the overhaul until at least August.