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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

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in the MYEFO budget update are A$16 billion (over four years) of spending “decisions taken but not yet announced and not for publication”.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

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

‘Drive-off’ fuel thefts cost $80 million even before the war – and they’re heading up

War could add an extra 5% to prices in Australia – but there’s one sector that shields the economy

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A crucial meeting aims to remake the WTO to fit the new global order

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Is your ‘sustainable’ super funding fossil fuels or weapons? How to check the fine print

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

How improved revenue management could help your business stay healthy in FY 24

Why Pinterest Should Be Part of Your Marketing Strategy

4 Tips For Protecting Your Business

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

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

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

Time to punch above our weight and stop shadowboxing on AI

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

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

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security