Search ResultsShowing 1 - 10 of 49 results for "Budget papers"
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 ...
Chief economist update: Fairy tales can come true
BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... and a tens over the Treasury's projection. Recall that, according to the sensitivity analysis published in Budget Papers 2018/19: "An increase of US$10 per tonne FOB in the iron ore price results in an increase in nominal GDP of around $5.5 billion ...
Future Fund crosses $150 billion
KANIKA SOOD  |  MONDAY, 29 APR 2019
... continues to make good progress on its objective to strengthen the Government's long-term financial position. Recent Budget papers show the contribution its earnings will make to the Budget bottom line from 1 July 2020. Its assets also reduce Government ...
Chief economist update: Rosy assumptions a Budget surplus make
BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... flipped into a 2.1% deficit the following year and a 4.2% deficit due to the GFC. The economic projections in the Budget Papers 2019-20 look rational enough - GDP growth of 2.25% this fiscal year and then 2.75% per annum over the next two years. This ...
Record tax receipts, record outlays yet back to surplus
ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... the previous financial years, receipts were only able to grow at two-thirds these stellar rates. According to the Budget Papers, 43% of the increase in receipts is due growth in tax payments by individuals, 24% is due to increasing company tax payments ...
Chief economist update: Iron ore up or iron ore down?
BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... through fiscal and monetary policies. The price of iron ore is important for the outlook for Australia or as the Budget Papers put it, along with other commodity prices, "a key uncertainty in the outlook for nominal GDP." The Budget Strategy and Outlook ...
Discriminatory bank regulation hits super savings
JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... miniscule or zero, the report states. "The apparent method of calculating such contingent liabilities used in the budget papers (simply as the sum of all eligible deposits) is badly flawed and warrants review ... There is far more risk arising from the ...
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