A Future Made in Australia is really about a global battle,led by the United States,against a rising China and a destabilising Russia.
We pick apart an abridged version of Treasurer Jim Chalmers’ third budget speech – and explain five key points.
Here’s how the government will deliver the money,and what it could mean for inflation.
It has become obvious that the GST distribution model is no longer fit for purpose and urgent change is needed for the sound financial future of our state.
Once again,a treasurer has presented a budget that fails to address the real issues in the economy.
Home Affairs expects the centre to move from an “active state” to “enduring capability” – empty but operated by a skeleton staff.
Daniel Mookhey blasted the “absurd” GST carve-up which will see taxpayers pay billions to prop up a 2018 deal that has allowed resource-rich Western Australia to deliver six consecutive surpluses.
As more students need help,budget figures raise the stakes in tense government negotiations over spending on schools and the National Disability Insurance Scheme.
Shadow treasurer Angus Taylor lashed $14 billion worth of incentives for green hydrogen and critical minerals companies,claiming it amounted to “handing out billions to billionaires”.
Part of solving the current housing crisis needs to be removing financial barriers for people who want to downsize. Pensioners are a good place to start.
WA Treasurer Rita Saffioti reckons critics of the current GST should “read the other parts of the budget where WA revenues are propping up” much of the federal government’s revenue.