Introduction Up to the May 2022 federal election, the official line on fiscal policy was that the federal budget was …
The so-called ‘Trussonomics’ of Liz Truss’s short-lived and ill-fated premiership were based on an ignorance of the true discipline of …
The backdrop to the forthcoming federal and state budgets for 2022/23 is that Australia’s public debt has increased sharply during the pandemic since 2019 — and is projected to increase further.
In response to the economic contraction of the COVID-19 pandemic, the federal and state governments have dramatically expanded the scope …
The fiscal response to the Covid-19 crisis ensures that the federal and state governments will experience large budget deficits and …
The strength of Australia’s government finances is an important dimension of economic performance as it helps set the foundations for …
Treasury modelling of the government’s tax changes make the strange assumption of no behavioural change, leading them to ignore economic …
Superannuation is not a good deal for everyone. As a result of house prices increases, it has become much harder …
The centrepiece of the 2019/20 budget was a proposed doubling of the income tax cuts that were legislated last year. …
Australia’s capital gains tax (CGT) policy has been largely settled for almost 20 years. However, it has come under renewed …
Before Treasurer Jim Chalmers courted controversy with his essay on “values-based capitalism”, he foreshadowed — in the government’s first budget …
In recent weeks, as debate has raged over Treasurer Jim Chalmers Monthly essay on capitalism while inflation soars and mortgage …
We should take proposals to raise taxes seriously — not least because the Labor party has shown a fondness for …
The press gallery is buzzing, the weather is as cold and miserable as Ebenezer Scrooge’s wallet, and interest groups’ stockings …
True believers in lower taxes and smaller government have had little to celebrate in a long time as ‘spend, tax …
Queensland’s government proclaims in the spirit of the state’s long-standing fiscal tradition that it “is committed to no new or …
One predictable consequence of the change of government in May was that it would take about five minutes for the …
The current uncertainty surrounding the Stage 3 tax cuts was both an entirely predictable and completely avoidable result of the …
The Morrison government’s stage 3 income tax cuts— still almost two years away from their legislated implementation — are dangling …
So Australia will follow New Zealand’s ‘lead’ in introducing a wellbeing-focused budget. Labor has been flagging the desire to adopt …