Category Archives: Budget

Stop spending other people’s money

Posted in Budget, Economics and economy | 22 Comments

David Leyonhjelm guest post. Zombies and the Senate

The Turnbull Government has abandoned Abbott-era policies to cut government spending on welfare, health and education. These were the so-called ‘zombie’ measures that had been lurking in budget papers since 2014 but not legislated. Supposedly the Senate was to blame … Continue reading

Posted in Budget, Guest Post | 8 Comments

Getting Evenitis

PVO in The Australian draws our attention this development: Just when you thought One Nation couldn’t become any more craven one of its senators has threatened to block the government’s budget measures unless ABC funding is slashed by $600m. Putting … Continue reading

Posted in Budget, Federal Politics | 31 Comments

Accounting at the ABC

Did you ever wonder why the ABC’s budget figures never seem to quite add up? This is the government budgeting to have a $29.4 billion deficit for 2017-18 (page 11-7): In short: $433.5 billion in receipts; minus $459.7 billion in … Continue reading

Posted in Budget | Tagged , , | 15 Comments

The 2017-18 Federal Budget: Taxing Our Way to Prosperity

Every year, the government seems to make it harder to really see what they’re doing with our money in the budget – whether by renaming things, requiring an extra click or two to access various papers or simply by the … Continue reading

Posted in Budget, Federal Politics | Tagged , , , , | 53 Comments

Buried in the footnotes

On 9 May 2017, the Treasurer directed that the maximum face value of CGS that can be on issue is $600 billion That is footnote 3 on page 8 of section 7 of Budget Paper 1. Vital information like that … Continue reading

Posted in Budget | 48 Comments

Budget Speech 2017

The right choices to secure better days ahead. Thank you Mr Speaker, I move that this Bill now be read a second time. For many years now, as our economy has gone through major changes, Australians have had to dig … Continue reading

Posted in Budget | 370 Comments

Our Debt Has Chosen to Identify Itself as Good

I wonder what my bank would say if I asked them to have more patience with my ‘good’ debt? Seriously, what drugs are Scott Morrison and this Liberal government on? The Treasurer said it’s “wise” for governments to borrow when … Continue reading

Posted in Budget, Federal Politics | Tagged , , , | 58 Comments

What do you want from the university system?

Adam Creighton has an op-ed in the Australian this morning with a whole bunch of good and bad arguments. Let’s start with the bad: Australia’s universities soak up billions of dollars in public funds — $9.5 billion a year from … Continue reading

Posted in Budget, Education | 64 Comments

Does This Look Like a Government That Had ALL it Could Eat?

Sinclair Davidson brings our attention to these deeply troubling statements from our supposedly conservative, center-right treasurer: Mr Morrison emphasises that the Coalition understands that large businesses employ millions of Australians, which is why it took its enterprise tax plan to … Continue reading

Posted in Budget, Federal Politics | Tagged , , | 35 Comments