After two successive surpluses, the federal budget will be back in deficit for 2024-25, according to the much anticipated budget update.
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It’s unclear whether requiring the fund to prioritise certain kinds of investments will lead to lower returns. There’s a bigger question – why can’t the government fund priority projects through debt?
Treasurer Jim Chalmers will now explore a deal with the Greens, who will hold out for their own concessions.
Unemployment and related payments for working-age people were given a welcome boost in last year’s budget. But they remain well below pensions, and far from adequate.
Chalmers must feel an element of deja vu. He was a senior staffer to then treasurer Wayne Swan during the global financial crisis.
Politics with Michelle Grattan: Treasurer Jim Chalmers on the ‘spiky’ parts of Australia’s inflation problem
Michelle Grattan speaks with the New Treasurer Jim Chalmers as he intends to deliver a "pretty blunt, pretty frank" assessment of Australia's challenges to parliament soon after it returns
A swift response from the heritage community prevented damage to sites of national heritage.
At times we are told Labor’s capital gains tax policy will hit mainly high earners. At other times, low earners. The truth, uncovered by our microsimulation model, tells us something about ourselves.
Treasurer Scott Morrison’s reason for rejecting the Chinese bid offers a radically different definition of ‘national interest’ but doesn’t say much about how foreign interests are defined.
Joe Hockey thought repeating a few slogans was enough; but selling the economy is harder than it looks.
Top contributors
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Professorial Fellow, University of Canberra
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Research Director, The University of Western Australia
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Senior Lecturer, Department of Economics, Monash University
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Industry Professor and Chief Economist, University of Technology Sydney
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Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
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Professor in Archaeology, University of Bristol
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Professor, Crawford School of Public Policy, Australian National University
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Research associate, University of Bristol
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Director, POLIS: The ANU Centre for Social Policy Research, Australian National University
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Professor of Economics, Monash University
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Professor of Economics, University of Canberra
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Scientia Professor of Economics, UNSW
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Senior lecturer, Canberra School of Government, University of Canberra