The Budget Mirage And The Debts And Deficits Ruse

The Budget Mirage And The Debts And Deficits Ruse

It’s Budget time and we've spent the last week analysing the third Budget announcement from Treasurer Josh Frydenberg. Our verdict? Don’t believe the hype: it's not a ‘big-spending’ Budget; and it’s not a Budget the Labor Party would have introduced. We think it's yet another lost opportunity for the Australian economy and the community – just like Peter Costello squandering the mining boom in the early 2000s, this could be another chance to make positive long-term changes to government spending that ends up being flushed down the drain.

What would Labor do? We don't know: it's not the role of the Opposition of the day to provide itemised line items and specific policies the government and the media can then dissect and misrepresent – Albanese won't make the same mistakes Shorten made with the franking credits policy, where he allowed the Liberal Party too must scope to completely distort the intention of the scheme. Just the broad brush strokes of policy is all that's needed at the moment.

Will the Budget swing the next election for the Liberal–National Coalition? Both the Budget and the Budget Reply will be forgotten at the time of the next election, and the verdict will still come down to competence and who the electorate will trust on debts and deficits.

Jaksot(313)

Taxing gas: How Australia is losing $20 billion a year

Taxing gas: How Australia is losing $20 billion a year

Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.auToday on the New Politics podcast, we examine Australia’s stalled debate over a 25% gas export tax and why major...

24 Huhti 22min

Australia protest laws, NDIS cuts and AUKUS defence spending explained

Australia protest laws, NDIS cuts and AUKUS defence spending explained

Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.au This week on the New Politics podcast, we examine Australia’s escalating crackdown on protest rights after arre...

23 Huhti 39min

Green populism, come on down! Your time has come

Green populism, come on down! Your time has come

Populism in Australian politics is usually framed as a right-wing force led by figures like Pauline Hanson and Barnaby Joyce, but this episode explores the potential of left-wing populism and the role...

17 Huhti 20min

Immigration politics in Australia: The Noble Migrant and Subversive Intent

Immigration politics in Australia: The Noble Migrant and Subversive Intent

Australia’s immigration debate is entering dangerous territory, with the Coalition’s proposed “values-based” migration system – featuring social media surveillance and ideological vetting – highlighti...

16 Huhti 37min

War Crimes and the Cost of Blind Loyalty

War Crimes and the Cost of Blind Loyalty

The arrest of Ben Roberts-Smith on five counts of alleged war crimes has reignited a fierce debate in Australian politics over military accountability, the rule of law and the legacy of the Afghanista...

10 Huhti 13min

Cash From Chaos: The Business of War

Cash From Chaos: The Business of War

A fragile ceasefire between the United States, Israel and Iran has paused one of the most dangerous conflicts of 2026, but beneath the headlines lies a deeper question: who profits from war? In this e...

9 Huhti 35min

The first cracks in the façade of neoliberalism

The first cracks in the façade of neoliberalism

The first cracks in the façade of neoliberalism are emerging in Australian politics, as Andrew Hastie breaks ranks to criticise an economic model driving inequality, stagnant wages, and Australia’s wo...

6 Huhti 13min

Australia Pays the Price for Trump’s War

Australia Pays the Price for Trump’s War

As tensions escalate across the Middle East and Western Asia, rising petrol prices, economic uncertainty and growing political pressure on Prime Minister Anthony Albanese are hitting Australia, with t...

3 Huhti 45min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-ootsa-kuullut-tasta
tervo-halme
viisupodi
rss-podme-livebox
rss-vaalirankkurit-podcast
rss-pinnalla
otetaan-yhdet
the-ulkopolitist
aihe
rss-ulkopoditiikkaa
rss-raha-talous-ja-politiikka
rss-asiastudio
rss-girls-finish-f1rst
et-sa-noin-voi-sanoo-esittaa
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-vain-talouselamaa