Infrastructure Australia does not rate even one of the budget’s newly funded projects as ‘ready to proceed’ or ‘on the threshold’. Dean Lewins/AAP

Changes help the budget but not the economy

Treasurer Joe Hockey’s first budget creates a clear path almost to a surplus. Our children will pay much less for current spending. Real political courage was required to get this far. But the budget also…
Tony Abbott wants to be known as the ‘infrastructure prime minister’. David Crosling/AAP

Infrastructure spending to blame for budget shortfalls

The “massive infrastructure gap” prime minister Tony Abbott has set out to fix does not exist, according to new analysis of state and territory budgets by the Grattan Institute. The analysis found states…
Commission chair Tony Shepherd has missed an opportunity to spark a genuine budget reform conversation. Lukas Coch/AAP

Commission of Audit fails to consider costs and benefits

There are some good ideas in the Commission of Audit report. Unfortunately they’re buried in so much else that it’s hard to find them. For a report focused on the costs and benefits of government, it shows…
If Kevin Andrews was serious about sustainable welfare spending, his review would not have excluded the biggest, fastest-growing and most poorly targeted areas of expenditure. AAP/Lukas Coch

Age Pension reform needed for a fair, sustainable welfare system

Social services minister Kevin Andrews says a concern that the system is unsustainable is driving his review of welfare. It’s true that Australia has a budget sustainability problem. It’s not true that…
The biggest and fastest-growing spending category in health is hospitals. Image from shutterstock.com

Tough choices: how to rein in Australia’s rising health bill

With health costs rising and costly medical innovations on the horizon, it’s crunch time for health funding. In the lead up to the May budget, The Conversation’s experts will explore the options for reining…

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