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Daily Bulletin

What's behind the numbers? MYEFO in seven charts

  • Written by: Ross Guest, Professor of Economics and National Senior Teaching Fellow, Griffith University

With all the data in the government’s Mid Year Economic and Fiscal Outlook (MYEFO) for 2016-17 we’re breaking it down for you in seven charts.


The A$0.6 billion drop in the 2016-17 deficit in MYEFO compared with the budget figure from earlier in the year is flattering for the government. It actually misses the big story which is the...

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2016-17 MYEFO experts' response: more of the same is not good enough

  • Written by: Ben Phillips, Principal Research Fellow, Australian National University
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Treasurer Scott Morrison described the federal government’s Mid Year Economic and Fiscal Outlook (MYEFO) as “optimistic but very realistic” as it holds onto the forecast of returning the budget to balance in 2020-21.

Our expert panel of economists take apart the MYEFO figures to see how the forecasts hold up and what has changed...

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AAA rating saved despite bigger deficits in budget update

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

The government has been successful with its concerted bid to reinforce Australia’s AAA credit credentials by ensuring the budget is still projected to return to surplus in 2020-21 in Monday’s mid-year budget update.

All three rating agencies quickly said the AAA rating will be preserved.

The total deficits over the forward estimates are...

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FactCheck: what are the facts on jobs and growth in Australia?

  • Written by: Fabrizio Carmignani, Professor, Griffith Business School, Griffith University

There have been a lot of jobs created this year. The economy is actually not going too badly in comparison particularly to other OECD countries, we have the highest growth rate in the G7 so we are getting some things right and I think 2017 is a year to be looking forward to. – Christopher Pyne, minister for defence industries, speaking on...

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More Articles …

  1. Dodgy claims for complementary medicines? Here's how the drug watchdog could have more bite
  2. Coles wants $1 maximum bets for pokies – so why won't the pokie-makers play ball?
  3. Health Check: will I damage my eyes if I don't wear sunglasses?
  4. 'Bad backs, a bit of depression and so on' - a throwaway line for some, a life sentence for others
  5. Public won't back a 'politicians' republic', so Turnbull needs to offer a better model
  6. Blame game rages as Culleton quits Pauline Hanson's One Nation
  7. What is rumbling Australia's economy ahead of MYEFO
  8. The global road-building explosion is shattering nature
  9. Summer reading list: ten best children's books of 2016
  10. Seven reasons we play lotto – even though we know we probably won't win the jackpot
  11. A short history of three very famous Christmas carols
  12. Digging for cosmic gold: the hunt for dark matter at the bottom of a gold mine
  13. Change Agents: Alex Wodak and Lucy Haslam on the push to legalise medicinal cannabis
  14. The Christmas Film Recommendables - Part 13
  15. Turnbull says republic is a slow burner – and he's not turning up the gas
  16. Will Trump be a tyrant, and how will we tell? Some classical pointers
  17. Second revealed Yahoo hack means it really is time to delete your Yahoo account
  18. US election final results: how Trump won
  19. War and Democracy in the Age of Trump
  20. Indonesia's PISA results show need to use education resources more efficiently
  21. Kevin Rudd: reflections on a troubled country and a troubled world
  22. Remembering Shirley Hazzard: 'art is the only afterlife of which we have evidence'
  23. There are a few gaping holes in the proposals to beef up ASIC
  24. Can you tell fact from fiction? Take The Conversation 2016 FactCheck quiz to find out
  25. The price is not right: how much is too much for a beer at sporting events?
  26. FactCheck: Are Australians paying twice as much for electricity as Americans?
  27. Full response from Craig Kelly
  28. Social media shots affect body image because we only show our best side
  29. Franchises shouldn't share responsibilities for stuff-ups
  30. Getting smarter about city lights is good for us and nature too
  31. How to choose the best NBN plan for your needs
  32. Indonesia should make land acquisitions more transparent and participative
  33. Climate change played a role in Australia's hottest October and Tasmania's big dry in 2015
  34. Infographic: climate change and 2015's year of wild weather
  35. NSW bail laws mean well but are landing homeless kids in prison
  36. Friday essay: can looking at art make for better doctors?
  37. Book review: Do we live in A Fortunate Universe?
  38. Vital Signs: Treasurer Morrison is about to face a reality check
  39. How to be a healthy user of social media
  40. Lack of education doubles the chance of heart attack and stroke
  41. The Christmas Film Recommendables - Part 12
  42. Grattan on Friday: Big issues out of Malcolm Turnbull's reach
  43. Blocking access to illegal file-share websites won't stop illegal downloading
  44. Indonesia and Australia are sleeping ocean superpowers
  45. Server down: what caused the ATO systems to crash
  46. Here's looking at: black ground, 1989 by Judy Watson
  47. As we head into the time of Trump, we need to rethink our foreign policy
  48. Podemos find itself caught between the battle lines of Spanish politics
  49. PBO report shows blowout in cost of the government's loans to the NBN
  50. Politics podcast: Chris Richardson on the state of the Australian economy

Business News

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

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Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

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The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

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Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

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How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

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When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

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The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

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Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

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How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

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The Daily Magazine

Moving Out of a Rental in Melbourne? A Practical Moving Checklist

Moving out of a rental in Melbourne is one of those things that always feels further away than it ...

Why a Cordless Rebar Tying Machine Is a Smart Investment for Australian Construction Projects

Tying reinforcing steel by hand means spending hours bent over while making the same twisting moti...

How to Get a Document Notarised in Sydney: What to Bring, What It Costs and How Long It Takes

If an overseas bank, embassy, university, employer or land registry has asked you for a notarised ...

The 2026 Used-Car Market

For a few strange years, the used-car market rewrote its own rules. Supply shortages sent second-h...

Why CCTV Alone Is Not Enough for Modern Business Security

Cameras are usually the initial step that companies take to strengthen their physical security. If...

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...

Why Clearer Communication Still Matters in a Digital-First Business

It’s never been easier for businesses to communicate, but that doesn’t mean they’re always communica...

What Happens After You Lodge a BYDA Enquiry? The Step Most Excavation Projects Miss

Every excavation project in Australia — from a backyard deck footing to a multi-storey commercial bu...

How to Choose the Right Dentist on the Gold Coast

Finding a dentist you trust is one of those decisions that quietly affects your health for years, ye...