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$16 billion of the MYEFO budget update is 'decisions taken but not yet announced'. Why budget for the unannounced?

  • Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra
$16 billion of the MYEFO budget update is 'decisions taken but not yet announced'. Why budget for the unannounced?MYEFO

One of the most fascinating elements of Thursday’s Mid-Year Economic and Fiscal Outlook is the one we cannot see clearly.

Included in the MYEFO budget update are A$16 billion (over four years) of spending “decisions taken but not yet announced and not for publication”.

These refer to measures to which the cabinet has agreed...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

RogersDigital.com has announced the launch of TheBulletin.au, a new national digital publication designed to deliver sharp, data-driven reporting ...

Controlling business spend is helping finance leaders to forecast with confidence

Forecasting has always been central to financial planning; however, traditional methods based on historical trends are no longer enough. Economic ...

From correction to resilience: making the most of Australia’s evolving insurance landscape

Australia is benefiting from one of the most favourable insurance market environments seen in years. However, it’s important to recognise that these...

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