By Kim on August 18, 2011
We learned last week that Joe Hockey plans to cut $70 billion from government spending (as he has to do to fund Tony Abbott’s Direct Action and parental leave policies, and to make up for all sorts of foregone revenue [...]
Posted in Economics, Featured, Policy, Politics | Tagged Australia, Capitalism, debt, deficit, Economics, fiscal policy, GDP, GNI, gross national income, investment, Joe Hockey, Julia Gillard, Keynes, Philip Pilkington, profit, resources boom, resources super profits tax, social democracy |
By Guest Poster on July 27, 2010
One of life’s great mysteries is the established wisdom, reflected in opinion polls and the media, that the Coalition is superior to Labor in “economic management”. Leaving aside the fact that Treasury and the RBA largely manage the macro-economy, it’s [...]
Posted in Economics, federal election 2010, International, Media | Tagged banks, bond markets, Coalition, debt delusion, deficit, economic management, Federal Election 2010, GFC, gross debt, interest rates, Joe Hockey, mr denmore, national debt, net debt, OECD, private debt, Tony Abbott |
By Kim on July 20, 2010
As I said on a previous post, the best way to get a handle on how most voters are perceiving the campaign is to watch the first ten minutes of a commercial tv news bulletin. By way of illustration, Channel [...]
Posted in Elections, federal election 2010 | Tagged Andrew Robb, Channel Nine, debt, deficit, Federal Election 2010, Joe Hockey, Julia Gillard, Paris Hilton, savings, Tony Abbott, Wayne Swan |
By Mark Bahnisch on May 13, 2010
Tony Abbott really squibbed his moment in the spotlight tonight. According to the government, he needed to identify at least $15 billion in spending cuts to fund the promises he’s already made. According to just about everyone, he needed to [...]
Posted in Economics, Federal Elections, Howardia, Politics | Tagged budget 2010, budget reply, debt, deficit, economic management, Federal Election 2010, fiscal policy, howard government, Joe Hockey, Kevin Rudd, Rudd government, Tony Abbott, Treasury |
By Mark Bahnisch on May 13, 2010
I have an article at the ABC’s The Drum today about the British election and its aftermath, focusing on how much change the eventual deal implies. NB: Previous LP British election coverage here. Update: Interesting piece from Seumas Milne.
Posted in Foreign Elections | Tagged abc, British politics, Coalition, conservatives, cuts, David Cameron, deficit, electoral reform, first past the post, GFC, gordon brown, Labour, Liberal Democrats, Mark Bahnisch, the drum, Tories, UK election 2010 |
By Mark Bahnisch on June 18, 2009
I think there are quite a few self-inflicted political problems for Queensland Labor in the presentation of the budget handed down on Tuesday afternoon. But Anna Bligh and Andrew Fraser certainly aren’t helped by the ubiquity of the ‘debt is [...]
Posted in Economics, Media, Politics, Queensland, State/Territory Elections | Tagged ALP, Andrew Fraser, Anna Bligh, credit rating, debt, deficit, economic management, Economics, George Megalogenis, infrastructure, investment, John-Paul Langbroek, Labor, Lawrence Springborg, Liberal National Party, LNP, Media, Nationals, Peter Beattie, privatisation, public services, public spending, QR, Queensland, Queensland budget 2009, Queensland Budget papers, Queensland politics, Queensland rail, stimulus, The Borg, unemployment |
By Mark Bahnisch on February 22, 2009
Various newspapers described Queensland Treasurer Andrew Fraser’s budget outlook review on Friday as providing a “trigger” for an impending poll. That’s something of a misleading formulation. But the budget position does give state Labor – perhaps paradoxically – a political [...]
Posted in Economics, Queensland, State/Territory Elections | Tagged ALP, Andrew Fraser, Anna Bligh, debt, deficit, economy, global financial crisis, Graham Young, infrastructure, jobs, Labor, Lawrence Springborg, LNP, political strategy, Polls, Queensland election 2009, queensland government, The Borg |
By Mark Bahnisch on February 5, 2009
It’s been suggested – apropos of the title of my last post on the federal government’s stimulus plan – that I was expressing cynicism by calling the piece “Never get between Australians and a pile of money”. Actually, that was [...]
Posted in Economics | Tagged ALP, Coalition, deficit, fiscal stimulus, global financial crisis, GOP, Kevin Rudd, Labor, Liberal Party, Malcolm Turnbull, Rudd government, tax cuts |
By Mark Bahnisch on February 4, 2009
THE Opposition will vote against the Government’s $42 billion financial stimulus package, Malcolm Turnbull says. “Someone has to stand up for fiscal discipline,” Mr Turnbull told the House of Representatives. “Someone has to stand up for levels of debt for [...]
Posted in Economics, Politics | Tagged Coalition, deficit, fiscal stimulus, global financial crisis, GOP, Kim Beazley, Liberal Party, Malcolm Turnbull, tax cuts |
By Mark Bahnisch on November 26, 2008
No doubt because Malcolm Turnbull has demonstrated his stunning grasp of economics yet again by claiming that the Commonwealth budget going into deficit is some sort of yardstick of economic failure, there’s been an immense amount of commentary on Kevin [...]
Posted in Economics | Tagged ALP, business cycle, deficit, economic management, economic policy, fiscal policy, global financial crisis, Kevin Rudd, Labor, Malcolm Turnbull, recession, Rudd government, surplus, Wayne Swan |
Blindsided?
By Mark Bahnisch on February 7, 2009
[Via Gary Sauer-Thompson] Dennis Shanahan in The Australian claims that the Liberal decision to vote against the stimulus package: has blind-sided the Government over the $42 billion stimulus package… left Kevin Rudd politically flat-footed and frustrated…and given the Opposition an [...]
Posted in Economics, Media | Tagged ALP, bernard keane, Coalition, Crikey, deficit, Dennis Shanahan, fiscal stimulus, global financial crisis, GOP, Kevin Rudd, Labor, Liberal Party, Malcolm Turnbull, News Limited commentators, press gallery, Rudd government, stimulus package, tax cuts, The Australian | 31 Responses