State of Australian budgets
Australian governments are increasingly living beyond their means. They are going to need to make tough choices to balance their budgets. But which choices will really make a difference? Should we broaden the GST? Raise the age pension age? Get rid of superannuation concessions? How much would these save, and what might the consequences be?
With the Commonwealth budget looming, and the Commission of Audit due to report soon, these questions are more pressing than ever. This Forward Thinking event will provide a sneak preview of Grattan’s upcoming report on the state of our budgets, and discuss what can be done to repair them.