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Budget 2019-2020 makes a lot more sense when interpreted in the light of Scott Morrison's first speech. Like most first speeches, it's about how his personal values manifest in his political actions. And what those values expose about the current prime minister's understanding of Australian history is quite telling.
Both Labor and the Coalition would be wise to consider revisiting the Howard-era Family Tax Benefits to provide targeted relief to families. Both have taken their share out of the FTB bucket as a way to balance the budget. By doing so, they have left many families worse off. The restoration of some of the cuts to FTB would be a good a start.
There were the stories that didn't get much of a mention in the mainstream press but will net large gains for young people and new entrants to the labour market. Under the budget measure, inactive super accounts with balances of less than $6000 will have a three per cent cap on fees charged. But is this policy quite what it seems?
Every year around the International Day for the Elimination of Violence Against Women, politicians with white ribbons pinned to their suits deliver passionate speeches about protecting women from domestic violence. But when it comes to implementing life saving measures, their lack of action speaks louder than words.
Health spending takes up a significant amount of federal and state government spending. But is this to keep Australians healthy, or to treat us when we get sick? The budget was a missed opportunity to invest in preventative health measures, and to fix health inequalities through policies informed by the social determinants of health.
On the surface budgets are exercises in financial accountability. At a deeper level they are best understood as a yearly ritual; one of the ways in which rulers acknowledge and try to manipulate truths about state power. We should evaluate these less on their stated intentions but with what the show of competence and generosity reveals.
The proposed tax cuts will create long-term structural changes to government revenue sources, which may prove to be economic folly in future-proofing Australia against global economic shocks, and in dealing with current unmet needs of poor and vulnerable Australians.
The budget includes a range of tax cuts for many Australian workers and some funding for education and early childhood services but fails to address the ever-growing inequality across the country. Simply put, it is those in the greatest need of support who have yet again been left behind.
For the past several years, education has been treated as solely a technical problem. One of the pitfalls of this is that political will becomes a function of money, which in turn rests on political expedience between federal and state governments, further complicated by external lobbying. Education gets ground to a grain.
With every passing year the government is siloing its building and expansion funding from the money needed to prevent the environmental consequences. In this budget, we see an environmental agenda hijacked to reinforce ideas of growth, using environmental buzz words which convince constituents it's for the earth.
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