Shadow assistant treasurer Andrew Leigh says that the Coalition has doubled net debt since it came to office. Fact Check finds that to be correct, but with some important caveats.
Category Archives: Budget
A $400 million boost for home buyers announced as WA budget gets back into the black
The WA Government foreshadows a "substantial" budget surplus for this financial year — one year ahead of schedule and the first time the budget has been in the black for six years.
NT goes for broke as Government continues forking out on crime, art and population
With a steadily climbing deficit and no sign of spending slowing down, a new report shows the Territory's economic ditch is deepening.
‘We really are close’: Budget predicted to return to surplus next financial year
It's been about a decade since Australia's budget was in surplus, but Deloitte Access Economics is forecasting we will get there in 2019-20, and that could mean both political parties spend more money to woo voters ahead of next year's federal election.
Trump and Sanders agree on one key aspect of economic policy — here’s how
Donald Trump is, perhaps inadvertently, providing some evidence that might support a key plank of one-time rival Bernie Sanders' economic policies.
Risky, patronising and unequal: what’s to love about superannuation?
The skirmish this week over whether super is a good idea reveals some interesting things about how corporate and financial power influences Australian policy, writes Michael Rafferty.
The rosy picture of superannuation doesn’t tell the full story. Here’s why
Over the past week we've been told by economists at the Grattan Institute that Australians have plenty of money to retire on and the superannuation system is just fine. Most Australians would think this is a very strange conclusion, writes Scott Connolly.
Most Australians will retire with enough savings except older women renting, says Grattan Institute
If you are a woman in retirement who is renting in Sydney or Melbourne you likely won't have enough savings to live comfortably, according to a new report by the Grattan Institute, but everyone else will do just fine.
Australians owe more debt than ever to the ATO
Australians owe more debt than ever to the tax man, with the Australian Taxation Office's annual report revealing collectible debt rose to almost $24 billion last financial year.
Spending spin: When a ‘cut’ is not a cut, and when a ‘record’ is nothing to brag about
When an opposition decries cuts to funding and a government crows about record spending, who do you believe? There are some common themes to remember in funding debates, writes RMIT ABC Fact Check's Josh Gordon.