Follow The Money
Follow The Money
May 17, 2018
2018 Budget Wrap
Play episode · 27 min
"the vast majority of the money being handed out is going to go to high income earners..."
The Australia Institute was in the 2018 Budget Lockup, and subsequently have gone through the budget papers. Listen to two top economists break it down and give you the straight facts in a way that you won't hear from the pollies.
>> Read the Australia Institute's full Budget Wrap 2018
Politics with Michelle Grattan
Politics with Michelle Grattan
The Conversation
Politics with Michelle Grattan: economist Danielle Wood on Australia's 'blokey' budget
Mick Tsikas/AAP In his budget reply, Anthony Albanese said women have suffered most during the pandemic, but were reduced to a footnote in the budget. He promised a Labor government would undertake a generous reshaping of the childcare subsidy to enable more women to join the workforce or to work more hours. This week, Michelle Grattan talks to Grattan Institute CEO Danielle Wood who, in writing for the Australian Financial Review, described the budget as “blokey”: “We look at those areas that have received direct support - construction… the energy sector, defence, manufacturing, all of those areas where the government has put direct money into a particular sector - they tend to be male dominated sectors. "And actually often they’re not the ones that have taken the hardest hit in this recession. "The sectors that have been hit really hard: hospitality, tourism, the arts, recreation, administrative services tend to be actually slightly more female dominated… we really don’t see any direct assistance for those sectors in the budget. ” When asked about the budget generally Wood, the president of the Economic Society of Australia, is concerned all the eggs have been put into the “private sector basket”. “If it doesn’t pay off, then we may see unemployment sticking around for a long time to come.” In the Grattan institute’s report, co-authored by Wood, and titled Cheaper Childcare, Wood endorsed reform in a similar vein to Albanese’s proposal. “Our numbers suggest that for every dollar that you spend reforming the subsidy…you return more than two dollars in additional GDP,” she says. “The Labor reforms… you’re probably talking, if its $2 billion a year… something in the vicinity of $5 billion return each year for GDP.” Additional audio A List of Ways to Die, Lee Rosevere, from Free Music Archive. Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
17 min
Democracy Sausage with Mark Kenny
Democracy Sausage with Mark Kenny
Policy Forum
Gone by Christmas?
Australia’s two most populous states – New South Wales and Victoria – are facing intense political leadership questions for very different reasons. So what does the future hold for Daniel Andrews and Gladys Berejiklian? Mark Kenny discusses ministerial judgement, controlling narratives, and asking the right questions with Kieran Gilbert, David Caldicott, and Marija Taflaga. In New South Wales Premier Gladys Berejiklian still appears to have strong public support, but just how damaging will the ICAC revelations be for her? Meanwhile, in neighbouring Victoria Premier Daniel Andrews has been decisive in his response to COVID-19, but has it come at a cost of diminishing public support and an inability to reimpose restrictions if coronavirus infections pick up again? Joining Professor Mark Kenny to answer these questions and more are Sky News Chief News Anchor Kieran Gilbert, emergency medicine consultant Dr David Caldicott, and regular podleague and political scientist Dr Marija Taflaga. Kieran Gilbert is Chief News Anchor for Sky News, co-anchor of First Edition and anchor of AM Agenda on Sky News Live. David Caldicott is an emergency consultant at the emergency department of the Calvary Hospital in Canberra and a Senior Lecturer in the College of Health and Medicine at The Australian National University. Dr Marija Taflaga is Director of ANU Centre for the Study of Australian Politics and a lecturer in the ANU School of Politics and International Relations. Her major research is on political parties and particularly the Liberal Party of Australia. Professor Mark Kenny is a Professor in the ANU Australian Studies Institute. He came to the university after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age, and The Canberra Times.   Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Google Podcasts, or wherever you get your podcasts. We’d love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group. This podcast is produced in partnership with The Australian National University.   See acast.com/privacy for privacy and opt-out information.
51 min
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