The idea that cutting prices can stoke inflation is correct in theory, but rarely in practice.
Articles on budget 2023
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Almost two-thirds of the top economists surveyed gave this budget an A or a B – up from the 40% who gave top marks to Jim Chalmers’ predecessor. But they were more critical when it came to inflation.
The 2023 budget includes $40 million to improve school attendance in Central Australia. It also includes more than $38 million for “culturally appropriate” education for Indigenous students.
Two billion to subsidise green hydrogen sounds like a lot. But the world is racing ahead and we’re still at the starting line.
In Australia’s bulk-billing ‘deserts’, it’s incredibly difficult to find a doctor who will bulk bill. The government should step in to support or set up clinics so locals have access to health care.
Grattan Institute estimates point to deficits without end, growing with the need for greater spending on health, defence and natural disasters. We’ve presented the treasurer with 13 costed options.
Top contributors
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Program Director, Health and Aged Care, Grattan Institute
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Fellow, Grattan Institute
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Democracy Deputy Program Director, Grattan Institute
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2024 ACSES First Nations Fellow, Senior Lecturer in Indigenous Knowledges, Charles Darwin University
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Professor of Chemistry, University of Sydney
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Chief executive officer, Grattan Institute
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Associate, Grattan Institute