2 Mar 2015
Fixing the long-term deficit is not impossible, think of the bloody obvious and do it!.
The Australian Financial Review asked Deloitte Access Economics, the Australia Institute, Macroeconomics, the Grattan Institute, the Centre for Independent Studies and the Institute of Public Affairs to nominate their five most important fixes for the budget.
Five of the six nominated curbs to super concessions, currently valued by Treasury at more than $30 billion a year and forecast by many experts to hit $50 billion.
Next, was including the family home in the pension assets test to make the retirement system for Australia's most vulnerable people more sustainable.
The findings provide fresh impetus for both sides of politics to tackle difficult budget decisions, which, if left unaddressed, will result in further delays to budget repair that leaves the economy vulnerable to the next downturn.
Deloitte Access Economics director Chris Richardson said this year's budget should follow last year's by protecting short-term jobs and growth while addressing the long-term deficit trajectory.
Business and governments are lamenting our shortage of trades people yet they are blind to the reasons!
Vocational education and training, governments and business have dropped the ball. Trades and other vocations have fallen through the crac...
As you can see I still smile a lot. Why because its free,no tax on it yet?
Canberra:- A war zone in Woden, buildings boarded up, windows smashed, a bloody mess for seven years.SEVEN YEARS OF NEGLECT. GUESS WHO'S FAULT? NOBODY? ITS ALWAYS SOMEONE ELSE'S FAULT. BUCK PASSING IS THE NAME OF THE GAME ...
Extract from an article by Tim Minchin To Politicians. Learn how to talk to the people, he says: “ You don’t have to talk dumb – you have ...