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Topic: fiscal policy
(Image: AAP/Mick Tsikas)

A new era of bigger government means bigger corruption and bigger rorts

We've entered an era of bigger government — and that means more power for the government to reward its friends, and more opportunities to rort spending to serve the government's political interests.

(Image: AAP/Joel Carrett)

Ratings agencies look to new targets now that ‘downgrade’ loses its power

It's time ratings agencies abandoned the fiscal taskmaster stuff and began focusing on economic growth and employment.

Treasurer Josh Frydenberg (Image: AAP/Dean Lewins)

Just how did the government stuff up the budget so badly?

Given the circumstances in which it was created, last week's budget lacks substance and is showing noticeable flaws. Has the government got the intellectual firepower to think creatively about a post-COVID world?

(Image: AAP /Daniel Pockett)

It’s not what you spend, it’s how and where you spend it

The debate over the 2020 budget is less about the quantum of stimulus — that will be vast — but how effective it will be in the way it is spent.

Federal Treasurer Josh Frydenberg and former treasurers Wayne Swan and Peter Costello

The surplus fetish vanishes before our very eyes — but was it ever really there?

Suddenly our obsession with budget surpluses has vanished — so quickly as to raise questions about what it ever really meant.

Cranky Keating swings at the Reserve Bank — and misses

The economy now depends on how much fiscal stimulus the government is going to provide. The Reserve Bank has only a limited role to play, despite an extraordinary swipe from Paul Keating.

Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

We know what not to do about the recession, but it seems we’re gonna do it anyway

Tax cuts and industrial relations reform won't deliver a recovery from a recession that could yet turn out to be the longest in nearly 40 years.

Former prime minister Paul Keating (Image: AAP/Alan Porritt)

Remember the 1990s recession? Here’s hoping the hard lessons learnt back then are not lost now

The effects of the early '90s recession dragged on for many years. This time around, policymakers have responded much more quickly, but can they prevent the same long-term harm?

Reserve Bank of Australia governor Philip Lowe (Image: AAP/Joel Carrett)

Reserve Bank repeats a message unwelcome in government: it’s demand, stupid

It's demand, not supply, that shapes as the biggest problem for the Australian economy — at least according to RBA governor Philip Lowe. But try telling that to the treasurer.

Prime Minister Scott Morrison and Victorian Premier Daniel Andrews (Image: AAP/David Crosling)

We’re all Victorians now: why Dan Andrews should force Canberra’s hand on extra stimulus

The new Victorian shutdown will force an overhaul of Australia's fiscal and economic outlook. And we need more stimulus, too – much more.

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There are 263 articles in fiscal policy