Morrison’s budget tax plan is another missed opportunity
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Even though this year’s budget is pretty good politics and reasonable economics, on almost every front, it is a missed opportunity to be bold.
Last year’s budget was a bank-bashing bombshell, with 4-5% of profits for five of Australia’s biggest banks yanked away, not for financial stability reasons, but because, as Treasurer...