Articles on Federal budget 2023
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Rather than ending the race to bottom from international profit shifting, the Australian government’s proposed 15% tax rate is likely to entrench it. Here’s why.
Though more research is needed, the idea is a relatively small amount of support early on can help prevent future difficulties.
Labor’s post-election honeymoon shows no sign of ending, but the Voice referendum is on shakier ground.
Plans to use buying power to save money on assistive technology for NDIS participants should be approached with caution. Otherwise, savings may come at the cost of a person-first approach.
This year’s budget hasn’t rated well by historical standards, but has nonetheless given Anthony Albanese a boost in his personal ratings.
Given the lack of progress to date, three new budget initiatives are unlikely to achieve the 2025 target of no Australians living in institutions meant for much older people.
The budget increases funding for the Department of Foreign Affairs and Trade by over $450 million, in what’s a positive first step towards remedying our long-term reduction in diplomatic resources.
The RBA’s latest forecasts assume no further rate rises will be needed. There’s nothing in the budget that should change that.
It’s time we question our national priorities, and start funding the nature that sustains us.
Most of our 10.8 million existing homes are in need of a retrofit to improve their performance and cut household energy use and emissions. The $1.6 billion for energy upgrades covers 170,000 homes.
Commitments have been made to cybersecurity, defence and certain gaps in STEM education and workforce – but much remains to be seen this year once we review the national priorities.
The federal budget is a step in the right direction, particularly in improving pay rates for aged-care workers. But the medium- to long-term future remains bleak without further, significant reforms.
The big news on budget night was a tripling of the bulk-billing incentive. It’s hoped to stem the decline in bulk billing – but it’s unclear if it will increase it.
Five charts to show how the current budget fits in with historic trends and other economic indicators. And a breakdown of notable spends and cuts across specific portfolios
While the 2023-24 Budget’s welfare increases are welcome, they represent a less than 2% increase in the welfare budget each year.
Chalmers said getting things right this time required a “fine balance”. Future budgets are shaping up to require just as much.
The budget is aimed firmly at the most vulnerable and has a significant focus on women.
The government has delivered measures to ease cost-of-living, the critics will say it hasn’t done enough.
There are no ‘silver bullet’ solutions to a crisis that has left both renters and owners struggling. Only a comprehensive package of bold policies can ensure all Australians are securely housed.
Changes to the petroleum resource rent tax (PRRT) are long overdue, but Labor’s modest attempt at reform represents a missed opportunity.



















