Posted
| UpdatedAn economist specialising in Papua New Guinea says the International Monetary Fund's latest report on the health of the PNG economy shows glaring discrepancies between what the independent upmire says is happening and what the government says.
Topics: economic-trends, budget, government-and-politics, international-financial-institutions, pacific
Posted
| UpdatedLabor defends the credibility of its election promise costings in the face of escalating criticism from the Barnett Government, including accusations any analysis from the party's experts will not be objective.
Topics: elections, budget, political-parties, wa
Posted
Beverley O'Connor speaks to Todd Harrison from the Centre for Strategic and International Studies about Donald Trump's proposed $70 billion increase in military spending.
Topics: defence-forces, budget, united-states
Posted
US President Donald Trump has said he is seeking a "historic increase" in military spending of more than 9 per cent to be funded by cuts elsewhere in government.
Topics: defence-and-national-security, government-and-politics, budget, world-politics, defence-and-aerospace-industries, defence-forces, us-elections, united-states
Posted
| UpdatedUS President Donald Trump proposes a $US54 billion ($70 billion) increase in military spending to be funded by cuts elsewhere in government, including in foreign aid, the White House says.
Topics: budget, government-and-politics, world-politics, defence-and-aerospace-industries, defence-forces, defence-and-national-security, donald-trump, us-elections, united-states
Posted
| UpdatedThe Government looks set to unwind the Medicare rebate freeze in the May budget, in a move that could cost in excess of $3 billion.
Topics: health, doctors-and-medical-professionals, federal-government, budget, australia
Posted
| UpdatedMultinational gas exporters could lose some of their generous tax deductions following a review of the Petroleum Resource Rent Tax.
Topics: oil-and-gas, federal-government, tax, budget, australia
Posted
Treasurer Scott Morrison is trying to save Australia's prized AAA credit rating, burdened by a $37 billion budget deficit, but one ratings agency is likely to deliver on its threat to cut our credit rating, writes Andrew Robertson.
Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, iron-ore, coal, australia
Posted
| UpdatedMassive cuts to Queensland's public service and government programs under the LNP administration of Campbell Newman were given a "pain" ranking, confidential documents reveal.
Topics: federal---state-issues, government-and-politics, liberal-national-party-queensland, budget, environmental-policy, qld
Posted
| UpdatedSerious doubts are raised about a key WA Labor strategy designed to drive down state debt, with the state's Chamber of Commerce and Industry labelling it inherently flawed and a cop-out.
Topics: government-and-politics, elections, states-and-territories, budget, perth-6000, wa
Posted
| UpdatedWA's debt problem is worse than any other state in the nation, and with a state election just around the corner each of the major parties has its own plan to address the issue.
Topics: elections, business-economics-and-finance, budget, wa
Posted
| UpdatedThe WA Government is handed a pre-election budget blow, with another increase in state debt and the return to surplus delayed yet again.
Posted
| UpdatedChanges to both child care payments and family tax benefits will be introduced to Parliament today in a so-called omnibus bill. Here's what you need to know about the changes.
Topics: child-care, family, tax, government-and-politics, federal-parliament, federal-government, budget, australia
Posted
| UpdatedThe Federal Government has combined a range of stalled and revised welfare measures into a single bill to try to force nearly $4 billion in savings through the Parliament.
Topics: government-and-politics, federal-government, budget, child-care, welfare, tax, australia
Posted
Andrew Constance
Topics: budget, government-and-politics, state-parliament, parliament, states-and-territories, nsw, australia
Posted
| UpdatedWA's Acting Premier says she will have to "brush up" on her figures after copping criticism for failing to correctly identify the state's unemployment rate, debt or deficit.
Topics: state-parliament, budget, unemployment, elections, wa
Posted
| UpdatedTreasurer Scott Morrison says yesterday's budget update bolsters the Government's case for the corporate tax rate to be cut to 25 per cent, but the Opposition says it will stand firm against the proposal saying they "simply can't be afforded".
Topics: budget, federal-government, scott-morrison, chris-bowen, tax, australia
Posted
The WA Government's mid-year budget review is expected to show a slight improvement in its forecast $3.9 billion deficit due to increased iron ore royalties.
Topics: states-and-territories, government-and-politics, budget, perth-6000, wa
Posted
| UpdatedThe Turnbull Government's latest budget update keeps the nation's AAA credit rating intact, but the agencies warn it may be gone by May if further action is not forthcoming.
Topics: budget, federal-government, economic-trends, australia
Posted
| UpdatedThe good news from the MYEFO is Treasurer Scott Morrison appears to have achieved an improvement in the current year compared to the May budget — the bad news is the forecasts for next year and beyond look shocking, writes Ian Verrender.
Topics: business-economics-and-finance, economic-trends, money-and-monetary-policy, budget, government-and-politics, federal-government, australia
Posted
| UpdatedWhile Australia has maintained its AAA credit rating for now, the ABC's business editor says the coveted rating is doomed. If you're not sure why that would matter, read on.
Topics: business-economics-and-finance, budget, federal-government, money-and-monetary-policy, australia
Posted
| UpdatedFederal budget deficits will increase by more than $10 billion in coming years as the Government battles low wage growth and falling company profits, but it insists it will still return a surplus in 2020/21.
Topics: business-economics-and-finance, economic-trends, money-and-monetary-policy, budget, government-and-politics, federal-government, australia
Posted
| UpdatedNational water agencies will receive secure funding into the future, as part of the Federal Government's mid-year budget update.
Topics: conservation, environmental-policy, murray-darling-basin, water, budget, water-management, agribusiness, agricultural-policy, irrigation, parliament-house-2600
Posted
| UpdatedWhen Treasurer Scott Morrison unveils his second Mid Year Economic and Fiscal Outlook, it will be in the knowledge that the "coveted" AAA credit rating is doomed.
Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, australia
Posted
| UpdatedFederal Treasurer Scott Morrison is today expected to unveil a mid-year budget update with a deeper deficit than forecast in the May budget, with one economist predicting a blow out to $40 billion.
Topics: budget, government-and-politics, economic-trends, business-economics-and-finance, australia