There are a whole lot of things that can be done to ease the cost of living pressures on households, argues Kamala Emanuel. It is a complete con to think that all we can possibly hope for is a tiny little one-off bonus.
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The Coalition and Labor are framing the budget with talk of the need for “budget repair”. John Quiggin says this is “a euphemism for cuts or austerity” and that alternative measures are needed.
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The corporate media is giving the federal government’s latest budget a big thumbs up, despite its brazen hand-outs for billionaires and big corporations, writes Alex Bainbridge.
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Treasurer Josh Frydenberg's budget was a chance to reset Australia’s failed climate policies. But, as John Quiggin writes, it favoured polluting technologies over a clean energy future.
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Bosses could hardly contain their glee at the 2020-21 budget. It is hardly surprising, writes Peter Boyle, given that it was a massive corporate handout.
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The Malcolm Turnbull Coalition government's economic spin is that they are managing a “transition” from “strong resource investment-led growth to broader-based drivers of economic activity”. This, it claims in the 2016 budget papers, is a transition to more “labour-intensive sectors, such as services”. Hence the Coalition's mantra: “Growth and jobs”. Sounds nice, but what does this mean for the different classes in Australia? -
About 100 members of Fair Go for Pensioners (FGFP) rallied in Melbourne on May 25 to call on political parties to reverse severe funding cuts to welfare, health and education in the federal budget which will condemn more pensioners and low-income families to living below the poverty line. FGFP president Roger Wilson said the budget focus on giving the business sector generous tax cuts came at the expense of slashing services for the most vulnerable — pensioners, low-income families, the unemployed and those fearing homelessness.
