Last week NSW signed up to the Gillard government’s proposed changes to school funding – a deal that would see a new funding model based on the Gonski review and an injection of A$5 billion into NSW schools…
The estimate of budget tax revenue collection for 2012-13 has been further slashed, with the Treasury now saying it will be $12 billion less than forecast in October. The revision is another blow to a…
Structural changes in the economy are likely to leave Governments across Australia facing budget deficits of around 4% of GDP for at least the next decade, according to research released today. The Grattan…
Treasurer Wayne Swan will today promise to release the 2012-13 budget outcome “well before the election”, as part of measures to increase budget transparency and put pressure on the opposition over costings…
Julia Gillard has now confirmed what everyone already knew: there will be an election sometime in August or September this year. We now know the precise date: September 14. That is also the Jewish Day…
Treasurer Wayne Swan has acknowledged it’s unlikely the government will deliver the budget surplus it had been promising for next year, following the release of a disappointing monthly financial statement…
Doug Hilton: Welcome Andrew to the Walter and Eliza Hall Institute. This conversation between me, Doug Hilton, and Andrew Robb is part of The Conversation. So Andrew, it’s been really exciting in the last…
It’s hard to argue with the importance of research, particularly medical research. It leads to breakthroughs and can change people’s lives for the better. But there are some crucial questions about how…
One of the more contentious issues in the 2012-13 Mid-Year Economic and Fiscal Outlook (MYEFO) is a tax-timing change. Corporate income tax will be paid monthly instead of quarterly for very large corporations…
Sunanda Creagh, The Conversation et Gillian Terzis, The Conversation
The Federal Government will make around $16.4 billion in new savings over the forward estimates to keep the budget in surplus despite a decline in revenue, according to documents released today. Treasurer…
We are most of the way through a very long budget season this year, beginning with Victorian Treasurer Kim Wells in May and is not due to end till Queensland Treasurer Tim Nicholls delivers his first budget…
The Melbourne Institute’s recent “Intergen +10” workshop was a retrospective on Australia’s pioneering Intergenerational Reports, an outgrowth of the fiscal responsibility legislation put in place by the…
The Federal Government is continuing its pre-budget surplus sell, with Prime Minister Julia Gillard directly linking its plans to return the budget to surplus to lower interest rates. Gillard will use…
The Federal Government’s quest to return the budget to surplus raises many questions and not just about what immediate rationale there is on economic grounds for this strategy. It also raises deeper questions…
The Federal Government has come under renewed scrutiny over its commitment to bring the budget into to surplus by next year, with Delloite Access Economics forecasting a deficit of $1.9 billion for 2012-13…
“Australia’s universities, like its wine, are decent and dependable, but seldom excellent.” So said The Economist magazine, in a piece published online. We asked Australian tertiary education experts to…
Under the cover of last week’s budget splash, the Federal Government has quietly changed tax laws which currently allow students and potentially jobseekers to claim a deduction for expenses against government…
“Only an election could make an honest politician of this Prime Minister. Only an election can give Australia a government with authority to make the tough decisions needed to build a stronger Australia…
“We are animated by but one desire — to do that which is best for Australia, and fair, just, and equitable to all the states, and to all classes and sections of our community.” This quote comes from the…
Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne