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Frydenberg’s budget looks toward zero net debt, but should this be our aim?

  • Written by: Richard Holden, Professor of Economics, UNSW
Frydenberg’s budget looks toward zero net debt, but should this be our aim?It's a bit of a mystery how the government has made net debt disappear, but there are clues. Wes Mountain/The Conversation, CC BY-NC

In his budget speech tonight Treasurer Josh Frydenberg announced that under a Coalition government we will see a decade of surpluses that will “continue to build toward 1% of GDP within a decade”.

He went...

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Tax giveaways in Frydenberg’s 'back in the black' budget

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

The Morrison government has delivered an election-launch budget with big personal income tax handouts to attract voters and a A$7.1 billion 2019-20 surplus to display its economic credibility.

The budget – the first brought down by Treasurer Josh Frydenberg – doubles the tax relief that average earners were due to receive within weeks,...

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It’s the budget cash splash that reaches back in time

  • Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Talk about retrospective. In his determination to quickly inject money into the economy (for economic as well as political reasons), Treasurer Josh Frydenberg has reached back in time to give us an extra tax cut on income already earned during the financial year that’s about to finish.

Almost a year ago, in May 2018, Frydenberg’s...

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Iron ore dollars repurposed to keep the economy afloat in Budget 2019

  • Written by: Warren Hogan, Industry Professor, University of Technology Sydney
Iron ore dollars repurposed to keep the economy afloat in Budget 2019The budget points to weaker times ahead unless wages and spending pick up. Wes Mountain/The Conversation, CC BY-ND

A weaker domestic economy has cost the budget A$15 billion over the next four years, but booming international commodity markets are more than offsetting this. The net result is a budget that will remain comfortably in...

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More Articles …

  1. The 39 endangered species in Melbourne, Sydney, Adelaide and other Australian cities
  2. Zuckerberg's 'new rules' for the internet must move from words to actions
  3. The importance of sports in recovery from trauma: lessons from and for Christchurch
  4. Livestreaming terror is abhorrent – but is more rushed legislation the answer?
  5. The National is a time capsule of new Australian art in uncertain times
  6. Many professions have codes of ethics
  7. Married at First Sight - a 'social experiment' all but guaranteeing relationship failure
  8. a decent menu, but missing the main course
  9. in Denmark it is a term of affection
  10. Don't worry, a school library with fewer books and more technology is good for today's students
  11. Government's population plan is more about maximising 'win-wins' than cutting numbers
  12. TikTok is popular, but Chinese apps still have a lot to learn about global markets
  13. Labor's plan for transport emissions is long on ambition but short on details
  14. Erdogan tried to make local Turkish elections about national security, but it didn't work
  15. Mega study confirms pregnant women can reduce risk of stillbirth by sleeping on their side
  16. India destroys its own satellite with a test missile, still says space is for peace
  17. what should our maximum heart rate be during exercise?
  18. How to get ready as the US-China trade war spills over to other countries
  19. was he an environmentalist ahead of his time?
  20. Migrants want to live in the big cities, just like the rest of us
  21. Who do Chinese-Australian voters trust for their political news on WeChat?
  22. why do we have fingernails and toenails?
  23. How DNA ancestry testing can change our ideas of who we are
  24. Bleaching has struck the southernmost coral reef in the world
  25. It's time to lift the restrictions on medical abortion in Australia
  26. Expect a budget that breaks the intergenerational bargain, like the one before it, and before that
  27. the rise and fall of the bad-tempered tabloids
  28. If we want students to feel safe at school, we can't encourage teachers to spot potential extremists
  29. how a 15th century artist dissected the human machine
  30. Settling migrants in regional areas will need more than a visa to succeed
  31. Shorten's climate policy would hit more big polluters harder and set electric car target
  32. Labor flags another budget in August as Frydenberg says his contains "a series" of living cost measures
  33. Why are we losing so many Indigenous children to suicide?
  34. Hannah Gadsby's follow-up to Nanette is an act of considered self-care
  35. Why we need to fix encryption laws the tech sector says threaten Australian jobs
  36. The government's electricity shortlist rightly features pumped hydro (and wrongly includes coal)
  37. Old man's beard is a star climber for Australian gardens
  38. The false hope offered by talk of a living wage
  39. Michelle Grattan on One Nation's NRA affair and the Morrison's coal offering
  40. what does it all mean for the 2019 federal election?
  41. The challenge of drawing a line between objectionable material and freedom of expression online
  42. The AFL and its clubs must continue to expose and sanction online trolls, it’s the law
  43. Christchurch attacks strike at the heart of Muslims' safe places from Islamophobia
  44. Deadly frog fungus has wiped out 90 species and threatens hundreds more
  45. Premiums up, rebates down, and a new tiered system – what the private health insurance changes mean
  46. From the bronze age to food cans, here's how tin changed humanity
  47. Bad news. Closing coal-fired power stations costs jobs. We need to prepare
  48. what are Confucius Institutes and do they teach Chinese propaganda?
  49. Friday essay: shadows on the Moon
  50. Scott Morrison struggles to straddle the south-north divide

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