With stalled economic growth and threats of credit rating downgrade, South Africa’s 2017/18 budget will need to dig deep to foster recovery.
Articles on Budget
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Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.
Economist Ross Guest unpacks some of the key numbers in the government’s mid year budget update, with seven charts.
While MYEFO discussion focuses on the budget deficit, experts say it also serves as a stark reminder of the need for bigger policy ideas in Canberra.
Credit ratings have an impact on government, as well as ordinary people. This article was first published last year as South Africa faced a possible downgrade.
The federal government could save about A$1 billion a year by changing three unfair tax breaks for older Australians, a new report says.
A closer look into the latest financial numbers of South Africa’s state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
A lot was expected from the South African finance minister’s 2016 medium term budget which came amid an unfolding economic crisis including the higher education funding gap.
The video which shows South African President Jacob Zuma sleeping in parliament during the 2016 mid term budget is symptomatic of a much larger problem of lack of respect for the public.
South Africa’s Finance Minister Pravin Gordhan spoke of protecting the economy from predators. This is commendable but not enough to build an inclusive economy.
South Africa’s 2016 medium term budget has to rank as one of the most difficult that its finance had to deliver amid many political controversies.
South Africa’s finance minister, Pravin Gordhan, had to battle poor growth and falling revenue in preparing the 2016 medium term budget. How did he do?
Finance minister Pravin Gordhan announced that government expenditure on higher education and specifically universities will be the fastest growing expenditure items on the budget.
There is no such thing as ‘free higher education’. Someone has to pay. And the reality is that low, or no tuition fees benefit middle and high-income families.
We need to ask on what basis the government is making its budget savings a ‘moral’ issue, and how the opposition can possibly support it.
Both the government and opposition’s proposed reforms to the superannuation system will target generous tax breaks given mostly to wealthy retirees.
Treasurer Scott Morrison has given notice of a fresh assault on the crucial challenge of budget repair. Let’s hope he and Malcolm Turnbull have learned from the unfortunate self-destructing experience…
Labor’s superannuation plan shows some promise for budget repair, if the two parties can compromise where it counts.
Bill Shorten on Wednesday will propose a budget repair package worth $8 billion over the forward estimates.
The challenges ahead for Australia include sustaining a stronger growth outlook.
Top contributors
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Professorial Fellow, University of Canberra
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Senior Research Associate, University of Johannesburg
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Institutional Economics, RMIT University
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Professiorial Fellow, The University of Melbourne
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Scientia Professor of Economics, UNSW
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Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
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Industry Professor, University of Technology Sydney
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Economist, UNSW
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Program Director, Housing and Economic Security, Grattan Institute
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Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne
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Visiting Professor of Tax Law, New York University, and Professor of Law, The University of Melbourne
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor of Economics, University of Canberra
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Vice-Chancellor’s Fellow, University of Tasmania