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Good Budget, bad Budget

It's good. It's less austere and pro-growth than Budget 2014/15. It's bad. It's less austere and wouldn't make significant in-roads into cutting Australia's debt and deficit.

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Read more: BudgetGDPBudget 2014AustraliaBudget 2014/15Budget 2015/16Budget Papers2013/14 MYEFOAbbott governmentBudget 2015-16Carmen ReinhartFederal Treasurer Joe HockeyFinancial Standardfinancialstandard.comFiscal OutlookJohn Maynard KeynesKenneth RogoffNeils BohrTreasurer Wayne Swan