If you’re confused about what’s happening with the Port of Darwin after last week’s federal budget and the media coverage that followed, you’re not the only one. It’s always a challenge to penetrate the veil …
‘Tonight, as we gather, war rages in Europe. The global pandemic is not over. Devastating floods have battered our communities. We live in uncertain times.’ — Treasurer Josh Frydenberg, budget speech, 29 March 2022 The …
The 2022–23 defence budget is a conflicted program. In key ways it acknowledges and responds to a changing world, but in others it is a relic of an earlier time. Let’s start with the funding …
It’s a brutal time to be a Commonwealth public servant working on the budget. Portfolio additional estimates statements—the mid-year budget update for portfolio agencies—were tabled on Friday, yet with the 2022–23 budget brought forward to …
Budget deficits used to be seen as proof of profligacy, but a new permissiveness has swept the world, partly in response to the Covid-19 pandemic, but also reflecting new economic thinking about the sustainability of …