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Budget 2016 Archive
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80 % of Australian budget deficit comes from lower company tax revenue after GFC (part 3)
Posted on June 28, 2016 | No CommentsIn this part on the budget 2016 series we have a look at the federal revenue: Fig 32: Time series of federal tax revenue Income tax was growing strongly at […] -
Australian budget 2016 underestimates role of oil (part 2)
Posted on June 7, 2016 | No CommentsIn part 1 we found that Treasury did not really explain why global growth is slower than expected given the oil price drop. We looked at some parameters like employment, […] -
Australian budget 2016 underestimates role of oil part 1
Posted on May 31, 2016 | No CommentsLet’s see how the Budget 2016 deals with oil. http://www.budget.gov.au/2016-17/content/ The most important statement on oil in budget paper 1is summarised in the chapter “Economic Outlook” Box 5 Lower oil […]