tip off

Like sands through the hourglass, so are the days of our Joe

The final outcome for the 2013-14 budget has little to do with a long-departed Treasurer but may yet echo through Joe Hockey’s future budgets, Bernard Keane and Glenn Dyer write.

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Budget sales bungle was built in from the start

Fairness, infrastructure, or emergency management? The problems with the government’s explanation of its budget were consolidated even before budget night.

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Stop whining and focus on fairness: a letter to Joe Hockey

If Joe Hockey wants to make his life a little easier, Bernard Keane and Glenn Dyer can offer some tips.

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Standard and Poor’s invents a poor debt standard. Let’s call their bluff!

Standard & Poor’s arbitrary warning about debt provides a great opportunity for Australia if we want to do something about the stubbornly high dollar, write Glenn Dyer and Bernard Keane.

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Invented budget ‘crisis’ hides incoherence and inconsistency

The “budget crisis” created by the Senate is an invention: the government has walked away from billions in additional revenue itself.

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The dollar is slowly tightening its grip on Hockey’s forecasts

The persistent strength of the dollar threatens to do to Joe Hockey what it did to Wayne Swan - and the stakes are just as high for the government as they were for Labor, Bernard Keane and Glenn Dyer write.

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It’s time to grit our teeth and face fiscal reality

This government blames all of its unpopular budget cuts on the spending of the previous government, and no doubt the next government will do the same. But Stephen Bartos, ACIL Allen Consulting public policy and governance expert, says the real problem is that time is not on our side.

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Big week of data may send bears into hibernation

After a series of soft economic reports, yesterday’s investment figures were better than expected. Next week should leave us much better informed about how the economy is going, write Glenn Dyer and Bernard Keane.

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How the government bumbled into a budget disaster

A series of errors by the government’s strategists have turned the 2014 budget into a political disaster. The narrative has gotten away from Tony Abbott.

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Forget chaplains, what could you do with a quarter of a billion dollars?

With a quarter of a billion dollars being pumped into the school chaplains program despite the rest of the budget being under the pump, we wonder what you could do with the money …

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Super tax lurks deliver the wealthy $35 billion — and rising

The top 5% of taxpayers will enjoy tens of billions in superannuation tax concessions in coming years — and the cost is growing rapidly. But Joe Hockey isn’t interested.

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How tough was the budget? Not especially tough …

Last night’s budget was only middling in its ferocity. And the period of low spending growth it forecasts it unlikely to be realised.

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The vindictive budget: how the fiscal burden is loaded on low-income earners

The burden of reducing the deficit in last night’s budget falls disproportionately on low- and middle-income earners — while companies and high-income earners will come out ahead.

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Budget 2014-15: the key questions to ask Joe Hockey today

The key questions to ask about tonight’s federal budget focus on who will pay, how fair it will be and what it will do to economic growth. Crikey asks the tough questions.

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Abbott’s fistful of dollars will be a slug on states as well as voters

Tony Abbott’s proposed income tax rise will hurt the states as well as consumers, and risks a demand crunch — all for a fiscal sugar hit.

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Government channelling Labor in its mixed budget messages

The government’s pre-budget messaging, with handouts for some and cuts for others, is chaotic and will undermine its economic case, Bernard Keane and Glenn Dyer write.

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Who shares the burden in Hockey’s morality play?

Joe Hockey says the burden of repairing the budget will be shared by everyone. His government’s decisions suggest that’s not the case.

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Hockey sings the 94 US cent budget blues — and wants the RBA to join in

If Joe Hockey is unhappy enough about the strong dollar to compromise the independence of the Reserve Bank, he should try being Treasurer when it’s above parity, write Glenn Dyer and Bernard Keane.

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Parkinson leaves the rich out of talk of fiscal sustainability

A debate about the sustainability of our tax system should start with fixing existing taxes before we increase them or create new ones, write Bernard Keane and Glenn Dyer.

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Fiscal fools: give us a break on the budget BS, Joe

Joe Hockey’s pre-budget spinning has veered into outright falsehoods as he attempts to claim Labor has boobytrapped the budget. Bernard Keane and Glenn Dyer report.

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Essential: we think we’re highly taxed; Labor claws back voter esteem

Australians believe they’re highly taxed compared internationally, and that it’s getting worse, today’s Essential Report finds.

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Cheer up, Joe: why the economy is doing better than Hockey says

The recent series of economic data illustrate the flaws in the government’s economic narrative, write Glenn Dyer and Bernard Keane.

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Essential: Coalition back into the lead despite underwhelming voters

While voters aren’t impressed by the government, the Coalition has regained its lead — and there remains a substantial core of voters who want to get even tougher on asylum seekers.

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Capex figures makes Hockey’s budget challenge that much harder

Yesterday’s private capital expenditure figures make for terrible reading — especially if you have a budget to prepare, Glenn Dyer and Bernard Keane write.

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Hockey’s spending challenge: stop it getting worse first

Joe Hockey’s task in reining in spending on health, education and welfare is first to prevent the Coalition’s policies from making it worse.

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