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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

How Fulfilment Services in Australia Help Businesses Scale Efficiently

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Practical Ways Australian Workplaces Can Reduce Operating Costs

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Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

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Why A WooCommerce Website Designer Matters For Online Growth

Running an online store today requires more than simply listing products and waiting for customers to arrive. Businesses need a website that is fast, reliable, easy to navigate, and designed to suppor...

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Turning Your Empty Tables into Revenue

The rise of AI demand tools in hospitality, the EatClub–CommBank partnership, and seven trends reshaping Australian dining  A growing number of Australian venues are turning to AI-powered demand ma...

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High-Impact Dental Marketing Strategies That Are Driving Real Practice Growth Today

The landscape of dental practice growth in Australia has shifted dramatically over recent years. Standard, broad-spectrum advertising campaigns no longer yield the return on investment they once did. ...

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How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

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Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Bridge...

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Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

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The Daily Magazine

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

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The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...