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Keywords: Budget

  • EDUCATION

    New schools funding model will likely entrench class divides

    • Chris Curtis
    • 27 June 2024

    In the new schools funding model, schools at the upper and middle parts of the parental income spectrum will find budgets getting tighter each year, and fees will likely increase. The worst affected schools will be those whose parents earn higher incomes but which have kept their fees low so that poorer families may also enrol their children.

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  • AUSTRALIA

    The problem with CEO pay rises

    • Joe Zabar
    • 25 June 2024

    For decades, unchecked corporate power and policy failures have driven up Australia's cost of living, leaving many Australians struggling. As corporate interests dominate, CEO pay increases dramatically while wages stagnate, and inflation rises. This influence of corporate Australia has eroded economic safeguards, dismantling the guardrails that once protected the common good.

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  • EDUCATION

    Are international students really to blame for soaring rents?

    • Erica Cervini
    • 11 June 2024

    The Labor government’s plans for managing overseas student numbers seem to be heavily influenced by the belief that these students are at least partly responsible for hikes in rents, housing shortages, and pressure on infrastructure.

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  • ECONOMICS

    Waiting on the cash flow oracle

    • David James
    • 05 June 2024

    Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.

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  • AUSTRALIA

    Neither seen nor heard

    • John Falzon
    • 30 May 2024

    In a signature essay published last year in The Monthly, Treasurer Chalmers staked out an ideological terrain he described as ‘values-based capitalism.’ The Budget 2024 is quite the big reveal on what those values include and who they exclude. In it, the people who have borne the brunt of inequality and precarity are neither seen nor heard. 

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  • AUSTRALIA

    Budget balancing act fails working poor

    • David Halliday
    • 23 May 2024

    In light of the gains made in lifting people out of poverty during the pandemic, it seems critics are justified in viewing this year’s budget with more than a little disappointment. I wonder, when it comes to the federal budget, who are we trying to serve?

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  • CARTOON

    Sub-standard housing

    • Glen Le Lievre
    • 15 May 2024

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  • AUSTRALIA

    On budgets, popes and thinking local

    • Andrew Hamilton
    • 24 May 2023
    1 Comment

    When exploring the ties between Federal Budget week and Laudato Si’ Week, it becomes clear there's an urgency to address economic inequality and climate change as a single, intricately linked problem. While the latest budget promises minor benefits, it lacks robust measures to tackle these major issues. 

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  • AUSTRALIA

    Budget leaves low-income earners in poverty

    • Tom Barnes
    • 18 May 2023
    1 Comment

    The Albanese Government's second federal budget falls short in addressing Australia's cost-of-living crisis, with proposed measures deemed inadequate for those most vulnerable. This lacklustre response raises questions about the government's commitment to uplift those affected by the crisis.

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  • AUSTRALIA

    Remembering the people represented by a percentage point

    • Joshua Lourensz, Vin Martin
    • 15 May 2023
    2 Comments

    Budget papers reveal an expected rise in the unemployment rate from 3.5 per cent to 4.25 per cent by June 2024. While the increase is portrayed as modest, it translates to an additional 144,900 people becoming unemployed. The focus must remain on the human stories behind the numbers during this uncertain period of economic recovery.

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  • AUSTRALIA

    The moral grammar of budgets

    • Max Jeganathan
    • 11 May 2023

    In the midst of budget season, a question lingers: Are we mere self-interested individuals, exclusive tribespeople, or true citizens committed to the common good? As the Treasurer unveils new allocations, the focus remains on headlines while overlooking the moral essence of budgetary decisions.

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  • AUSTRALIA

    Labor takes ownership: What to expect from Chalmers' second budget

    • James Massola
    • 04 May 2023
    2 Comments

    Jim Chalmers’ second budget marks the moment the federal Labor government takes full ownership of the national economy. This budget shapes as a more ambitious document and a more authentically Labor one, too. Chalmers is seeking to look after those who are less well-off, while balancing that against the need to avoid overspending. 

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