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Search ResultsShowing 1 - 10 of 55 results for "Budget Papers"
Chief economist update: Money plus confidence
BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... of the USA (1809-1817) and Founding Father The Morrison government circulating more money which, according to the Budget Papers 2020-21, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package ...
Chief economist update: Government spending made money, saved money
BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... unemployment rate and future budget deficits. Spend and intervened the Morrison government did. According to the Budget Papers 2020-21, this amounts to: "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response ...
Chief economist update: China keeps on going and going
BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... positive implications for Australia's export earnings and the fiscal budget. The Federal Treasury's latest Budget Papers assumed ore prices at US$55/tonne. So far this year, it's averaged more than US$100/tonne. Australian Prime Minister ...
Chief economist update: It's looking up for the land down under
BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... biggest commodity export - iron ore - one that's bound to reduce the budget deficit the Treasury forecast in the Budget Papers 2020/2021 and/or provide the Morrison administration more firepower just in case. The budget papers released last month ...
Chief economist update: Iron ore to reduce Aussie deficit
BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... (MYEFO) handed down in October, it maintained its assumption for iron ore prices to drop to US$55 per tonne. The Budget Papers also printed this sensitivity analysis: "If the iron ore price was to fall immediately to US$55 per tonne FOB, rather than ...
Super industry cautious on more reform
ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... executive Martin Fahy. "In the absence of the release of the Retirement Income Review and the lack of specificity in the Budget papers, it is unclear how the changes will work in practice or what the implications will be for competition, efficiency and ...
Chief economist update: More from Morrison
BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... fire for cutting funding to disaster response agencies. This has not been confirmed by examining the Commonwealth budget papers, but while looking for it, The Fifth Estate did note that the 2019-2020 budget reduced funding to National Parks, the Bureau ...
Chief economist update: Missing the burning forests for the surplus tree
BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... fire for cutting funding to disaster response agencies. This has not been confirmed by examining the Commonwealth budget papers, but while looking for it, The Fifth Estate did note that the 2019-2020 budget reduced funding to National Parks, the Bureau ...
Chief economist update: Lower iron ore a boon to the Aussie budget
BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... direct bearing on Australia. Where iron ore prices go directly impacts the domestic economy and the budget. In the Budget Papers 2019-20, the Australian Federal Treasury assumed iron ore prices to fall to US$55/tonne this year and the next and at the ...
Chief economist update: What price Australian budget surplus?
BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... Treasurers - Wayne Swan, Chris Bowen, Joe Hockey, and Scott Morrison (now prime minister) - before him. According to the Budget Papers 2019-2020, Australia's underlying cash balance would be A$7.1 billion (0.4% of GDP) in the black - backed by assumptions ...
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