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Keywords: Budget 2017

  • INTERNATIONAL

    Putting a face to the effects of Australia's aid freeze

    • David Holdcroft
    • 12 May 2017
    4 Comments

    Alain is one of around 11,000 people living in this particular camp in the south of Zimbabwe. It seems an unlikely location to talk of the freeze on funding for Australian foreign aid announced in the budget, but it is in places like these, unseen and therefore unknown by the Australian population, that the effects are often felt. Alain is lucky: the camp where he lives has good education. Worldwide however, only 50 per cent of children in forced migrant situations will attend primary school, 22 per cent secondary and a paltry 1 per cent any institution of higher learning.

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  • ENVIRONMENT

    Climate change is the elephant in the budget room

    • Francine Crimmins
    • 11 May 2017
    7 Comments

    When Scott Morrison announced the 2017-18 Budget this week there was one phrase he didn't dare to utter in his meticulously written and rehearsed speech. It's just two short words, climate change, but when used together they conjure a public debate even our minister for the environment gets tongued tied over. Morrison's omission of climate change in the federal budget has set a tone of ignorance to improving energy policy in a meaningful way.

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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  • AUSTRALIA

    'Labor-lite' budget's social welfare report card

    • Julie Edwards
    • 10 May 2017
    5 Comments

    'Labor-lite' or not, there are many investments contained in the budget which will work towards a more just society, including the securing of funding for the National Disability Insurance Scheme by raising the Medicare levy, and the needs-based approach to school funding, dubbed 'Gonski 2.0'. But among these commitments that seek to create a more equitable Australia, this budget again seeks to vilify welfare recipients, among the most vulnerable members of our community.

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  • AUSTRALIA

    Hope versus humiliation in the Federal Budget

    • John Falzon
    • 10 May 2017
    14 Comments

    It would be nice to believe, as the Treasurer wants us to, that better times are around the corner. But while wages stagnate and company profits surge, inequality is at its highest since the 1950s. This is not going to get any better any time soon. By 2019, the highest income earners will have received an effective tax cut of 1.5 per cent compared to all other taxpayers who will be paying an extra 0.5 per cent. For young people especially, Budget 2017 boosts inequality instead of building a better future.

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  • RELIGION

    Finding meaning in a chaotic/changing world

    • Frank Brennan
    • 08 May 2017
    1 Comment

    Our Church is presently a strained, outdated social institution with an exclusively male hierarchy and clergy. But it is also the privileged locus for us to be called to the banquet of the Lord sharing theology and sacrament which have sustained the hearts and minds of similar pilgrims for two millennia. Thank God for Pope Francis who is showing us the way, helping us to find meaning in our changing and chaotic world, putting a fresh spring in the step of all those Catholics holding in tension the prophetic and the practical, the theological and the humanist, the tradition and the contemporary reality.

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  • CARTOON

    'Twas the night before budget

    • Fiona Katauskas
    • 08 May 2017

    This week's offering from Eureka Street's award winning political cartoonist.

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  • RELIGION

    Australian bishops gather in the light of the royal commission

    • Andrew Hamilton
    • 05 May 2017
    51 Comments

    The government and the Catholic Church both face difficulties when commending values. The difficulties will dog events during the next week in which both institutions are on public display: the bringing down of the budget and the meeting of the Australian Catholics bishops. The question Australians ask is whether the bishops and other public representatives of the Catholic Church have the stomach for the changes in governance needed to address the factors that led to child abuse.

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  • INTERNATIONAL

    Unis share blame for profit motive funding model

    • Binoy Kampmark
    • 03 May 2017
    14 Comments

    For various reasons, 'free' education in Australia has been qualified by HECS, which actually serves to wedge the liquid incentive of government and educational institutions on the one hand with the need for students to obtain affordable education on the other. Even that balance is now under threat, with a pre-budget announcement suggesting cuts to university funding and increasing costs to student degrees are in the offing. Universities are far from blameless in the present distorted funding model.

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