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Tag Archives: budget repair
Budget repair was never going to be easy. That is one reason why it has taken so long with quite a few false starts. While some of the individual decisions in this Budget are debateable, overall the quality of the … Continue reading
In his latest jeremiad on the state of the economy, Scott Morrison seemed torn between channelling Paul Keating or Joe Hockey. There was an echo of Keating’s warning about the country turning into a banana republic, in the prospect … Continue reading
IAN McAULEY. The more we examine the Coalition’s ‘plan’ to cut corporate taxes, the more is revealed of its economic shortcomings.
The more we examine the Coalition’s proposal to cut corporate taxes, the more is revealed of its economic shortcomings. Many have commented on the inequity of cutting corporate taxes while tightening eligibility for disability support, reducing benefits for new welfare … Continue reading
The Turnbull Government’s Budget for 2016-17 reflects an essentially ‘steady as she goes’ fiscal strategy. Not that that is a fault – indeed it can be a virtue, especially when matched against the give-aways in other previous pre-election budgets. Furthermore, … Continue reading
Prime Minister Turnbull says his proposal for the States to levy their own income tax ‘is the most fundamental reform to the Federation in generations’. Well maybe. It certainly would be a significant change, but reform? Furthermore, even if this … Continue reading
The Prime Minister seems to have been encouraging speculation that the Government has decided not to consider any reform of taxation that involves an increase in the GST. If true, hardly a courageous decision, given the support he has received … Continue reading
What does it say about the government’s fiscal performance? The headline news is that the Budget deficit for the current fiscal year, 2014-15 has blown out by $10.6 bn from $29.8 bn in the Budget to $40.4 bn in the … Continue reading