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Tag Archives: budget deficit
This election isn’t one that anyone would want to win. The global economy is uncertain, our debt is rising, and it seems we’ll be relying on luck rather than management to avoid a recession, writes Ian Verrender. It was hardly … Continue reading
Are conservatives better economic managers? Part 1 In my blog of 3 May 2016, I queried the claim by Malcolm Turnbull and apparently supported by many media commentators and also by the public, that conservatives are better economic managers. The … Continue reading
Mr Hockey has invited the Australian public to join in a conversation about the economy and budget issues. Here is my mildly radical contribution. There are two strong reasons for bringing back the carbon tax. Tony Abbott, when Leader of … Continue reading
The missing element in this week’s mid-year economic and fiscal outlook, and more broadly, in current government policy, stares Australians in the face. Revenue needs to be increased. Increasing taxes, reducing tax concessions and eliminating loopholes are all options, which … Continue reading
The federal budget balance is expected to deteriorate. The reasons are numerous but, in a lengthy statement, the government sums it up in terms of two key factors. These are: the softer economic outlook; and unresolved issues inherited from the … Continue reading