Month: May 2016

The 2016-17 Budget – Where’s all Our Money Going?

If you want simple, no-nonsense budget analysis that can’t be found anywhere else, then read on.

All figures have been sourced from the official 2016-17 budget papers and are presented so that you can form your own opinion.

For some fun at home, try to guess which spending item scored the biggest percentage increase. I promise you’ll be unpleasantly surprised.

Continue reading “The 2016-17 Budget – Where’s all Our Money Going?”

What Did We Get for Our $400 Billion Loan?

Now that it’s budget time, it is important to properly understand how our federal finances became so shambolic.

Those who have followed The Marcus Review from its humble beginnings (thank you all) will be familiar with this material – which is well worth re-reading might I add. For those who haven’t yet read it: grab a coffee, sit down and see the scandalous waste for yourself.

If you’re one of the 50% of people in our society who is a net tax payer, then never forget this: it’s your money that they’re spending and they don’t spend it anywhere near well enough that you should be donating extra (may you rest in peace Kerry).

Continue reading “What Did We Get for Our $400 Billion Loan?”

Did Someone Say ‘All Expenses Paid Trip to Paris’?

The first sub won’t be delivered for another 12-15 years and the official contract hasn’t been signed. However, that hasn’t stopped South Australian Premier Jay Weatherill from jetting straight off to Paris within days of Turnbull’s announcement.

Continue reading “Did Someone Say ‘All Expenses Paid Trip to Paris’?”