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.

Episoder(311)

The Collapse of Trust: War, Censorship and Political Failure

The Collapse of Trust: War, Censorship and Political Failure

Australia is facing a growing crisis of trust as global conflict, economic pressure and political failure collide, with the war in Iran driving inflation, influencing interest rates and exposing how d...

20 Mar 23min

The Politics of Oil, War, Inflation and the Economic Squeeze

The Politics of Oil, War, Inflation and the Economic Squeeze

A global oil shock is shaking the world economy – caused by the US and Israel – and Australia is already feeling the impact, with petrol prices pushing towards $3 per litre, rising inflation, higher i...

19 Mar 38min

The splintering of Australian politics

The splintering of Australian politics

Australian politics is going through a new era of political realignment as the centre-right fragments and the traditional two-party system begins to fall apart. In this episode, we examine the leaders...

13 Mar 21min

Iran: America is at war, so Australia is at war

Iran: America is at war, so Australia is at war

What happens when a global superpower launches a military operation intended to demonstrate dominance but instead reveals the limits of its power? In this episode, we examine the escalating US–Iran co...

12 Mar 30min

War is Peace? The Iran escalation

War is Peace? The Iran escalation

Israel and the United States have launched another attack on Iran, dramatically escalating tensions across the Middle East and raising serious questions about international law, global stability and t...

6 Mar 35min

The Board of Peace and the Business of War

The Board of Peace and the Business of War

In this episode, we examine Donald Trump’s proposed “Board of Peace” and what it means for Gaza, Palestine, Israel and the future of international law. Promoted as a reconstruction and peacekeeping pl...

27 Feb 20min

Liberal Party reboot: Same message, same mistakes?

Liberal Party reboot: Same message, same mistakes?

In this episode, we examine the new Shadow Cabinet and ask whether the Liberal Party’s latest leadership change represents genuine renewal or simply a rebranding of the same conservative messaging tha...

19 Feb 39min

Dire straits: Can Taylor stop the Liberal Party collapse?

Dire straits: Can Taylor stop the Liberal Party collapse?

Today on New Politics, we explore the escalating crisis inside the Liberal Party following the leadership elevation of Angus Taylor and ask whether the Coalition can recover from its devastating 2025 ...

13 Feb 31min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
forklart
aftenpodden-usa
popradet
lydartikler-fra-aftenposten
stopp-verden
det-store-bildet
nokon-ma-ga
rss-gukild-johaug
dine-penger-pengeradet
fotballpodden-2
aftenbla-bla
hanna-de-heldige
rss-espen-lee-usensurert
rss-ness
rss-penger-polser-og-politikk
rss-dannet-uten-piano
frokostshowet-pa-p5
bt-dokumentar-2