Macroeconomic Policy



The Budget’s macroeconomic view is not mindful of my recent paper on fiscal policy. That paper predicts that, with most COVID restrictions on consumer spending… Read More ›

[Budget Forum 2022] The Budget, Fiscal Policy and an Outbreak of Inflation

Under ‘Mutual Obligations’, the Government requires the unemployed to complete activities such as attending appointments with their employment services provider, searching and applying for jobs… Read More ›

‘Mutual Obligations’ Hinder Rather Than Help Jobseekers to Find Work

I cannot remember a time when a government had such a virtually unconstrained capacity to spend to get re-elected – no big cuts, nor tax… Read More ›

[Budget Forum 2021] This Was an Election Budget on Steroids

The greatest threats to the sustainability of our economic recovery are spin, complacency and policy inaction. The federal budget will be determinate in this. Sure,… Read More ›

Budget Courage Needed to Sustain Recovery

Federal Treasurer Josh Frydenberg defined last week’s budget in the following terms: “There is no economic recovery without a jobs recovery. There is no budget… Read More ›

[Budget Forum 2020] Talk of Aspiration Is Not Borne Out in Federal Budget Papers

Ahead of next week’s Federal Budget, the annual Per Capita Tax Survey provides important insights into the views held by Australians of all ages, from… Read More ›

[Budget Forum 2020] COVID-19 Strengthens Australians’ Belief in the Fair Go, Government Should Support the Vulnerable

Well over three months into a hastily implemented lockdown, India announced and has stepped into ‘Unlock Two’ starting 1 July 2020. The evident lack of… Read More ›

India’s Pandemic Response – Has It Been Enough?

Before the announcement of the (then) $130 billion JobKeeper Program on 30 March 2020, Australia could have been on track to record an increase in… Read More ›

Strengthening JobKeeper

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