We’ve two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
Articles on Federal Budget 2019
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Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
History shows there’s no best economic manager. They’re both pretty good.
Delivering his post-budget address, Bowen will point to an analysis released by KPMG estimating that by the end of the forward estimates Labor’s tax-to-GDP ratio would be just over 24%.
Should the Coalition’s $300 billion of tax cuts ever be enacted, they would push the budget back towards deficit.
It’s important that the proposed reforms do not just fund more care, but support more of the best care.
The Commuter Car Park Fund announced in the budget sounds big, but is likely to create only around 30,000 extra spaces – a marginal benefit for Australia’s 1.2 million daily public transport users.
As Morrison readies to call the election, with speculation he will announce next weekend for May 18, he has also increased his lead over Shorten as better prime minister in Newspoll.
Caroline Fisher talks about the week in Australian politics with Michelle Grattan.
The opposition aims to put Medicare at the forefront of its campaigning, as it did in 2016. But there is a notable difference.
Invasive pest ants cause billions of dollars worth of damage to crops, and threaten some of Australia’s World Heritage rainforests. The federal budget has pledged nearly $30m on wiping them out – but how?
The Labor Party has signalled that equality and fairness will form the centrepiece of its policy framework - but there will be challenges to that if it wins office in May.
Unveiled in his budget reply on Thursday night, Shorten said this would be the “most important investment in Medicare since Bob Hawke created it”.
The Morrison government’s tax changes will benefit high income earners the most and low income earners the least, says the National Centre for Social and Economic Modelling.
If you’ve got money and are in your mid-60s you’ll be able to funnel more into super without even working under a budget plan that makes a mockery of super.
Are you an #auspol addict? Did you watch budget speech for fun? Test yourself with our quiz.
Despite boasts of ‘record’ infrastructure spending, relative to GDP it’s comparable to previous budgets. What’s different is that Treasurer Frydenberg has chanced his arm more over the longer term.
The government has delivered a pretty disappointing budget for education, with no secure funding for early childhood education and a recycled commitment of $300 for schools.
Peter Martin and Tim Colebatch on Budget strategy and numbers
CC BY14.2 MB (download)
From inside the budget lockup, Peter Martin and Tim Colebatch shared their reactions to the pre-election budget.
The budget includes a step towards modernising Medicare, through a new annual payment for each person with diabetes who signs up with a specific GP.
Top contributors
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Professorial Fellow, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Scientia Professor of Economics, UNSW
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Emerita Professor of Politics, Adelaide University
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Education Fellow in Transport Planning, PhD Candidate, The University of Melbourne
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Senior Research Fellow, NATSEM, University of Canberra
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Postdoctoral Research Associate, Faculty of Architecture, Building and Planning, University of Sydney
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Associate Professor of Education Policy, Australian Catholic University
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Science Manager, Global Water Futures, University of Saskatchewan
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Professor, Institute for Governance & Policy Analysis, University of Canberra
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Senior Associate, Grattan Institute
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Professor of Health Economics, The University of Melbourne
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Co-Director, Health and Policy, Brain and Mind Centre, University of Sydney
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Distinguished Professor and Director, Global Water Futures Programme, University of Saskatchewan
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Chief executive officer, Grattan Institute