This budget focuses on jobs and growth, but has little in it to redress women’s entrenched inequality.
Articles on Federal Budget 2016
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Sleep is at a premium in Canberra this week. Finance Minister Mathias Cormann is one of those doing the post-budget heavy lifting.
On every measure of generosity there is, Australia’s foreign aid ranking is falling behind that of other advanced countries.
Much of the infrastructure Australia needs will be funded by “value capture” – raising tax revenue by boosting land values. Some have decried it as a tax hike in all but name, but it isn’t really.
Research shows linking teachers’ pay to performance has little impact on student achievement. Similar tests to the ones the government proposes for young children now face a backlash in the UK and US.
We have to look very hard to find the “ideas boom” in this budget.
While the government finally ruled out full fee deregulation in its 2016 budget, it is still contemplating uncapping fees for some degree courses. Here’s what else is being discussed.
Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Loading companies with excessive, tax deductible debt is a commonly used by multinationals to avoid tax - so why has the government ignored it?
Last night’s budget failed to offer a compelling overall policy framework and vision for the arts in Australia. Like a Beckett play, narratively not much is going on.
While the key Budget slogan is “jobs and growth”, there’s no detail on how and from where.
Yet another budget making claims of a gradual decline in government debt. But the credit rating agencies want us to keep these promises - or else.
After two Coalition government budgets heavy on ideology, this one is a quieter, don’t-frighten-the-horses document paving the way for the election.
The budget paints a picture of higher debt, little relief for growing cities crying out for infrastructure investment, and no detail of how City Deals might work to fix this.
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While schools receive an extra $1.2 billion in funding for 2018-20, reforms for higher education are delayed by a further year.
On reform, the 2016-17 budget is a holding one, with tinkering on the sides.
This is a steady-as-she goes budget, mostly just confirming pre-announcements with only the expected unpleasant decisions, such as the continuation of the Medicare rebate freeze.
Wins for small business; significant superannuation reform; multinational tax avoidance addressed; and more.
From the Parliament House lockup, Grattan Institute CEO John Daley joins Michelle Grattan to give an overall picture of the government’s pre-election budget.
Top contributors
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Professorial Fellow, University of Canberra
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Professiorial Fellow, The University of Melbourne
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Vice-Chancellor’s Fellow, University of Tasmania
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Program Director, Housing and Economic Security, Grattan Institute
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Sir John Bunting Chair of Public Administration, Australian National University
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Professor of Economics, University of Canberra
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Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
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Scientia Professor of Economics, UNSW
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Lecturer, Public Sector Finance, University of Canberra
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Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
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Professor of Economics, The University of Melbourne
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Professor, Department of Economics, The University of Melbourne
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Professorial Fellow, Jumbunna IHL, University of Technology Sydney
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Adjunct Professor, Curtin Law School and Curtin Business School, Curtin University
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Chief executive officer, Grattan Institute