The provincial government has funding to support non-police safety and well-being initiatives — but 99 per cent of it just supplements police budgets.
Articles on structural deficit
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Reform remains a challenge when every idea to reduce the deficit, reduce government expenditure or restructure taxes tends to get shot down in Australia.
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.
Beyond short-term revenue and expenditure, Australia’s structural deficit continues to grow.
Solving the entrenched problems within our budgetary process is tricky - or is it?
In our federal budget explainer series, Guay Lim explains what Australia’s structural deficit really means.
The key economic indicators to look out for on budget night.
Ed Miliband says Labour did not overspend when it was last in office. He’s right.
Until government leaders acknowledge Australia’s structural deficit and stop obsessing about debt, voters will be left frustrated.
Treasurer Joe Hockey is experiencing difficult times. Deteriorating terms of trade and an uncooperative senate mean that he cannot deliver the surplus when he said he would and he cannot continue to cut…
Media reports preceding the mid year economic and fiscal outlook suggest we should expect a deficit of just under A$50 billion, a further deterioration of Australia’s budget position since the pre-election…
The EU Commission’s autumn economic forecasts are due tomorrow. What makes this event special this year is that there are rumours about a possible change in the Commission’s approach to calculating the…
The debate about long-term public finance and the role of government is one that is most definitely needed. However, there are two aspects to this debate that are often conflated. First, there is the issue…
Today’s announcement by the government that it has a $12 billion “black hole” had the status of a confession. It needn’t have. All talk of “black holes”, “revenue shortfalls” and “structural deficits…
All Australian governments, and ultimately all Australians, are faced with making tough decisions in their budgets. Without significant reductions in government expenditures and the services they provide…
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Professor, Department of Economics, The University of Melbourne
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Professor of Economics, University of Canberra
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Sir John Bunting Chair of Public Administration, Australian National University
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Senior Lecturer in Economics, University of Sheffield
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Associate Professor, School of Economics, University of Sydney
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Professor of Economics at Maastricht School of Management and Jean Monnet Chair, Technical University of Cologne
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Lecturer in Economics, Exeter College, University of Oxford
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Professiorial Fellow, The University of Melbourne
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Adjunct Research Fellow, School of Social Sciences, La Trobe University
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Honorary Fellow, School of Social and Political Sciences, The University of Melbourne
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Senior Research Fellow, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Chief executive officer, Grattan Institute
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Professorial Research Fellow, Melbourne Institute, The University of Melbourne
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PhD researcher, London School of Economics and Political Science
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Scientia Professor of Economics, UNSW