Balancing budgets: tough choices we need to make
On Thursday 28 November, Grattan CEO John Daley and Professor Judith Sloan discussed Grattan’s report Balancing budgets: tough choices we need to make. The report lays out the options that Australian governments have to repair their budgets. It rigorously analyses how much the different choices might contribute to the budget, and what the social, distributional and economic consequences might be. Fixing our budgets will require tough choices between politically difficult options, and the report shows that some of the most commonly discussed proposals don’t actually raise much money. With the Abbott Government’s Commission of Audit now underway, this event was a great chance to hear more about what might really make a difference.