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How much the budget undervalued conservation: 16 World Heritage sites received less than Sydney...

The proportion of Earth’s surface designated as “protected” has expanded over the past decade. But new findings show these areas have failed to improve...

Social housing was one hell of a missed budget opportunity, but there’s time

Tonight Labor will deliver its alternative budget and promise that if it was in government it would be investing A$500 million in fast-tracking repairs...

Don’t worry about the debt: we need more stimulus to avoid a prolonged recession

After two decades of equating budget surpluses with good economic management, it might seem convenient that the federal government has changed its fiscal strategy...

Budget 2020: promising tax breaks, but relying on hope

Tax cuts aren’t the half of it. The personal income tax cuts promised in the budget will cost A$17.8 billion over four years. The measures aimed...

Yes government debt is cheap, but that doesn’t mean it comes risk-free

The financial response of Western governments to the COVID-19 crisis has been gargantuan, with boosts to health expenditure, enhanced JobSeeker-like payments, and JobKeeper-like wage...

Now we’ll need $100-$120 billion. Why the budget has to spend big to avoid...

Australia is in for a long and damaging economic slump unless governments inject substantially more fiscal stimulus. The July budget update forecast that unemployment would...

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