Daily Bulletin

Men's Weekly

.

  • Written by Miranda Stewart, Professor, The University of Melbourne

Governments worldwide spent more than US$14 trillion fighting the health and economic effects of the coronavirus in 2020, much of it very quickly.

Among other things the timing of budgets was changed, procedural requirements bypassed, parliaments not consulted, and information not released.

In a new study comparing 120 countries, Australia was found to be one of only four countries — along with Norway, Peru and the Philippines — whose processes were assessed as having “adequate” accountability.

The International Budget Partnership study found that almost three-quarters of the countries studied (87 out of 120) failed to manage their immediate financial response in a transparent and accountable manner.

Almost two-thirds failed to provide transparency in procurement, half bypassed their parliaments, and only a quarter published expedited audit reports.

No countries were judged as having had “substantive” accountability.

Australia’s accountability practices included delivering an Economic and Fiscal Update in place of its postponed May budget and establishing an opposition-chaired Senate select committee to monitor its responses to the pandemic.

Australia's handling of the pandemic ranked more accountable than most, but not perfect Despite the parliament only meeting intermittently early in the pandemic, the select committee and other parliamentary committees continued to hold public hearings virtually to fill the accountability gap. Nevertheless, the Senate select committee faced difficulties in gaining access to the government’s underlying modelling of its response packages. As well, the Australian National Audit Office failed to get an increase in funding to deal with the extra work necessitated by the government’s responses to the pandemic. Instead, its funding was cut in the October budget. And the Morrison government failed to publish an analysis of the gender impact of its responses, something that became problematic as it emerged women had been disproportionately affected by the pandemic. Read more: Women's Budget Statement more of a first step than revolution The global study was completed in January 2021, with Australia’s accountability practices examined by the Australian National University’s Tax and Transfer Policy Institute. Since then, there have been welcome developments. Australia's handling of the pandemic ranked more accountable than most, but not perfect Commonwealth Treasury The May 2021 budget reversed the budget cuts to the Audit Office by allocating an extra A$61.5 million over four years, enabling it to take on more staff to conduct more post-pandemic performance audits. And the long-absent women’s budget statement returned to the official budget papers. It’s too early to know whether these changes will make a lasting difference. Much will depend on how the content of the women’s budget statement and funding of the audit office develop. A lasting difference would give Australia a chance to be assessed next time as “substantively” accountable.

Authors: Miranda Stewart, Professor, The University of Melbourne

Read more https://theconversation.com/australias-handling-of-the-pandemic-ranked-more-accountable-than-most-but-not-perfect-163081

Business News

Avoiding the Delays – Why Families Hire Registered Migration Agents for Their Parent Visa Application

For many migrants, bringing in their ageing parents to reside with them in Australia is one of the most significant milestones. However, the visa pathway is not always simple. The daunting prerequisit...

Daily Bulletin - avatar Daily Bulletin

The ultimate checklist for launching a digital-first business

If you’re launching a business in 2025, chances are it’s going to be digital-first. Whether you’re running an online store, offering consulting services, or building something entirely new, they all h...

Daily Bulletin - avatar Daily Bulletin

“SMBs Are Building the Future While Australia Sleeps” — Marc Degli on AI, Innovation, and What Needs to Change

Australia’s startup scene has been called “emerging” for a decade — but for many founders, it still feels stalled. Government funding is mired in bureaucracy. Investors hedge their bets on “safe” deal...

Daily Bulletin - avatar Daily Bulletin

LayBy Deals