A budget with a bundle of reforms in a time of ‘extreme uncertainty’
- Written by Stephen Bartos, Professor of Economics, University of Canberra
This year’s budget combines fiscal policy – taxes and spending – with a heavy focus on better regulation.
The budget deficit has fallen slightly from the mid-year update in December, to A$31.5 billion, but the budget remains firmly in deficit for the foreseeable future.
Tax reform
There are important reforms to capital gains tax,...







