It's time to end the Future Fund
In an era of rising government debt and structural deficits, Australia's once-promising Future Fund now resembles a costly financial albatross.
Topic
Budget
A collection of 3 issues
We're number two!
In 2023, the IMF ranked Australia #2 in the G20 for budget management, mostly due to good luck and fortuitous timing. The government's "responsible approach" claim is overstated and our fiscal position remains vulnerable to economic shocks.
It's time for fiscal rules
Oh boy. Another year, another GST carve-up that led to a flurry of complaints from the states that 'lost out'. This time it was the NSW and QLD Labor governments that were the most vocal, with NSW facing a $310 million cut, while QLD lost $469 million. For