Fiscal Policy



There is a growing interest in quantifying the degree in which fiscal policy instruments, such as government spending or changes in our tax structure, shape… Read More ›

A Closer Look at the Employment Effects of Fiscal Policy Shocks: What Have Minorities Got to Do With It?

We live in strange economic times. Over the last few years, Australian business profits have boomed just as economic growth has trended down to ‘ultra-low’… Read More ›

The Great Fiscal Shift: Inequality, Upwards Redistribution and the Politics of Surplus Since Howard

The term austerity indicates a policy of sizeable reduction of government deficits and stabilisation of government debt, achieved by means of spending cuts or tax… Read More ›

Spending Cuts Versus Tax Increases: The Differential Effect of Austerity Plans on the Economy

The use of both industrial and service robots has been expanding rapidly during the past decade. There is little doubt that this is leading to… Read More ›

Automation and Income Inequality in a World of International Rivalry

Public expenditure effectiveness is hard to capture, either by using expenditure tracking exercises or through econometric analysis. The accountability of public expenditure—linking “resources to results”—has… Read More ›

Gender Budgeting as Accountability Initiative: Public Expenditure Effectiveness on Fiscal Space and Gender Equality

Editorial Note: This is an edited version of the keynote address by the Parliamentary Budget Officer Jenny Wilkinson at the launch of the Open Budget… Read More ›

A Speech by the Parliamentary Budget Officer: Fiscal Transparency and the Parliamentary Budget Office

In recent decades, income inequality has increased in many developed countries. Although fiscal policies are the main tools available to policymakers to address widening inequality,… Read More ›

Australian Fiscal Policy and Income Inequality: Recent Trends

Recent unfavourable economic conditions have put the Australian government in a tough fiscal situation with increasing budget deficits and growing government debt. The Australian government… Read More ›

Fiscal Austerity: Tough Choices for Australia’s Future

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