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Josh Frydenberg’s budget is an extraordinary turnaround – but leaves a $40 billion problem

  • Written by Richard Holden, Professor of Economics, UNSW Sydney

It’s often said in business circles that good companies manage their balance sheet, and bad companies manage their P&L (profit and loss account). That same aphorism applies to governments.

And by that standard, Josh Frydenberg’s fourth budget is a triumph. Net debt is forecast to peak at 33.1% of GDP in 2024-25, compared to 40.9% in...

How to Apply for More Jobs in Less Time Using AI Automation

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Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...