A Sydney man staring idly at the pricey wares on offer in an Eastern Suburbs artisanal bakery is currently wishing that he was wealthy enough to afford to eat like a subsistence farmer from the Renaissance. “You must have had... Read More ›
budget
Mar 28, 2023 ROBERT SKIDELSKY Inflation and growth rates are increasingly determined by global events over which national policymakers have no control. Instead of clinging to the illusion that they can control the uncontrollable, governments should use fiscal policy to protect their most vulnerable citizens from disruptive external shocks. LONDON – In 1969, the British … Continue reading Can Governments Still Steer the Economy?
My Lords, I join other noble Lords in paying tribute to the remarkable maiden speech of the noble Baroness, Lady Moyo. It was very thoughtful and thought provoking, and I very much appreciated her reference to me—she will have a great future here. The Budget was crafted in the shadow of disruptive world events over … Continue reading Speech on the Spring Budget Statement 2023
Pathetic lack of vision exposes Labour’s lack of substance The absolute lack of vision, backbone and political imagination of Keir Starmer’s Labour has been exposed yet again, after some details of tomorrow’s budget were leaked to the media. Jeremy Hunt’s budget looks set to be the usual Tory vapour and spin – but still more […]
‘The ultimate test of man’s conscience may be his willingness to sacrifice something today for future generations whose words of thanks will not be heard.’ Gaylord Nelson, founder of Earth …
The post “Scrooge” Hunt’s Autumn Statement leads us to the darkness of a new round of austerity appeared first on The Gower Initiative for Modern Money Studies.
One of the first budgets I covered as a journalist spelt the end of the career of the man who delivered it. John Dawkins, who had been finance minister in the formidable first Hawke cabinet of 1983, had finally achieved his ambition of taking the treasury portfolio after Paul Keating […]
Overwhelmingly, Australia’s top economists would rather the budget funds measures to cut carbon emissions than cuts income tax or company tax.
They are also dead against rumoured cuts to petrol tax and the tax on beer.
The Conversation’s pre-budget survey of a panel of 46 leading economists selected by the Economic Society of Australia finds almost half want a budget deficit smaller than the A$99.2 billion expected for 2021-22 and the $98.9 billion forecast for 2022-23 in the December budget update.
By Warwick Smith This article was first published on April 15 2020 at 10daily, which has since shut down. I’m reproducing it here now partly to keep a record in case the web site ceases to exist. Update: the 10daily … Continue reading