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(312)

Unhappy Holidays And Apocalypse 2019

Unhappy Holidays And Apocalypse 2019

January is usually a quiet time in politics but not this year: there are two big elections to be won (NSW and federal elections) and all sides of politics are vying for poll position. Every year is di...

10 Helmi 201944min

A Victorian Landslide, Men Behaving Badly And Government Survival

A Victorian Landslide, Men Behaving Badly And Government Survival

Another wipeout for the Liberal Party in the southern state of Victoria means their federal counterparts need to watch out, with their election due by May 2019. Was Victoria a win of the good over the...

5 Joulu 201837min

Wentworth History In The Making, The Politics Of Asylum Seekers And Selling A Prime Minister

Wentworth History In The Making, The Politics Of Asylum Seekers And Selling A Prime Minister

We had history in the making in the seat of Wentworth, a by-election thrashing of the Liberals following the resignation of Malcolm Turnbull, and we now have another independent on the crossbenches – ...

6 Marras 201832min

Trouble Brewing For The Liberals And Feeling The Love Of A New PM

Trouble Brewing For The Liberals And Feeling The Love Of A New PM

The Liberal Party is facing challenges in three big elections – Victoria, NSW and federal – with a few other challenges in the Wentworth by-election. But the biggest issue is money – they haven't got ...

28 Syys 201836min

The Seven Days Of Madness In Canberra

The Seven Days Of Madness In Canberra

It's been dubbed the week of madness in Canberra, but it was also a week of gross incompetence and a fine example of the poor political management that has encompassed the Liberal National Party since...

30 Elo 201847min

A Super Saturday And The Big Media Fail

A Super Saturday And The Big Media Fail

Super Saturday: it sounds so American, but we had it all in our own backyard – Perth, Fremantle, Mayo, Braddon and Longman. A campaign that started with all the pressure on Bill Shorten completely swu...

2 Elo 201833min

Byelections, A Clash Of Western Civilisation And The ABC Of Attacking The Public Broadcaster

Byelections, A Clash Of Western Civilisation And The ABC Of Attacking The Public Broadcaster

Five federal byelections, and we think the more things change, the more they will stay the same. We suggest there will be no change in the numbers on the floor, but politics is so unpredictable in thi...

21 Kesä 201839min

A Failing Budget, Gaza Disaster And The Spectre Of An Early Election

A Failing Budget, Gaza Disaster And The Spectre Of An Early Election

The 2018 Budget was a classic ‘here today, gone tomorrow’ Budget. Who remembers any of the key points, aside from ‘personal tax cut’, and ‘surplus’? (** Read the fine print: tax cuts in seven years). ...

28 Touko 201841min

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