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Keywords: Budget

  • ECONOMICS

    Whose liberty matters as Dickensian budget looms?

    • Fatima Measham
    • 07 May 2014
    16 Comments

    French economist Thomas Piketty argues that current conditions have set us on track for a return to 19th century-levels of inequality. The Commission of Audit proposals suggest that the auditors and the Government are keen to expedite this neo-Dickensian era. It's all done in the name of 'incentives' toward 'personal responsibility', but this cannot remain coherent in the face of those who will be hit hard by the proposed suite of cuts and co-payments.

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  • EDUCATION

    Audit Commission's Gonski landmines

    • Dean Ashenden
    • 06 May 2014
    9 Comments

    The Commission of Audit has planted so many landmines across the political landscape that two have been scarcely noticed. One is planted directly under Gonski, the other under the federal role in schooling. Christopher Pyne's brazen effort to get rid of Gonski served only to show that he is not to be trusted. Abbott must be wondering whether this minister could carry the day with the kind of scheme recommended by the Commission.

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  • AUSTRALIA

    What Pope Francis thinks about Abbott's Audit

    • Michael Mullins
    • 05 May 2014
    17 Comments

    The National Commission of Audit believes spending cuts that produce a balanced Budget will make us all better off because we will have a stronger economy and more jobs. But Pope Francis is skeptical about such 'trickle-down' economic theories, which express 'a crude and naive trust in the goodness of those wielding economic power'.

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  • ECONOMICS

    Abbott and Hockey more Prince John than Robin Hood

    • David James
    • 05 May 2014
    11 Comments

    In politics, one should never opt for a balanced and thoughtful description of the truth when wild exaggerations will do. Especially when you want to take from the poor and give to, if not exactly the rich, at least the investor class. The dire pronouncements from the Abbott Government in response to the Commission of Audit's 86 recommendations reflect not only the PM's relentless negativity, but also more than a whiff of class war.

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  • AUSTRALIA

    $6 co-payment not what the doctor ordered

    • Michael Mullins
    • 24 February 2014
    22 Comments

    Health minister Peter Dutton has refused to dismiss the possibility that a $6 ‘co-payment’ for GP visits could be announced in the May Federal Budget. This would be no more than a quick and easy temporary fix that would penalise ordinary Australians. It would simply defer the government's need to tackle the vested interests that are arguably the major cause of the inefficiencies that have made our health care system prohibitively expensive.

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  • ECONOMICS

    Don't rob the poor to pay the rich

    • Bruce Duncan
    • 04 February 2014
    14 Comments

    The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.

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  • AUSTRALIA

    Coalition's car kill is crazy

    • Tony Kevin
    • 08 November 2013
    23 Comments

    The Coalition's impending destruction of the Australian car industry by calculated public stalling of decisions on government assistance is shaping up as its most disastrous high-visibility policy blunder. This industry — but none other — is to be wilfully abandoned as a victim of rigid free-market economic ideologies. It does not make sense, in economic, social or national security terms. This is Australia's version of US Tea Party budget brinkmanship.

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  • AUSTRALIA

    Mandate mantra is mumbo jumbo

    • Ray Cassin
    • 23 October 2013
    3 Comments

    While the Abbott Government brays about a mandate to end the carbon price, it is also shrugging off what, by its own theory, it has been 'mandated' to do in respect to the budget deficit and the imperative to 'stop the boats'. The notion that a mandate to govern confers the right to implement all the policies in an election platform is inherently implausible, and all politicians know that it is.

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  • ECONOMICS

    Boost budget by chopping charities' tax take

    • David James
    • 27 August 2013
    3 Comments

    Australia is one of only a few countries in the world that has a franking credit system. Though it is designed to stop 'double taxation' on company tax, in many cases it ends up being a 'double reward' for entities that already have tax favoured status. Last year the Tax Commissioner generously refunded over $500 million to charities and not-for-profits on dividends because they pay no tax.

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  • AUSTRALIA

    Australia's shrinking moral and intellectual horizons

    • Ray Cassin
    • 05 August 2013
    5 Comments

    It is economically illiterate nonsense to equate the state of the budget with the state of the economy, yet Labor and the Coalition have acquiesced in the view that delivering a surplus is the sole indicator of responsible economic management. If this election campaign fails to inspire many voters and drives some to disengage, it will be in large part because of where the contending parties stand or, more importantly, refuse to stand. 

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  • RELIGION

    Unlocking Australia's incarceration culture

    • Andrew Hamilton
    • 23 May 2013
    6 Comments

    The Commonwealth and the Victorian state budgets this year were marked by a contradiction. Both committed more money to incarceration — detention centres and prisons; and both limited programs to help the people confined there. Such contradictions are usually signs of a bad policy that flows from shallow cultural values.

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  • AUSTRALIA

    Labor goes from Robin Hood to the Sheriff of Nottingham

    • John Falzon
    • 17 May 2013
    9 Comments

    You don't build someone up by putting them down. You don't help someone into employment by pushing them into poverty. By keeping the unemployment benefit low, successive governments have deliberately humiliated people rather than improving their chances.

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