The federal Treasurer, Dr Jim Chalmers, will deliver his third budget in a fortnight. I spoke to him on Thursday.comics up the back of James Bobo’s economics class all those years ago I – and I think a lot of people – have got very little clue just how a budget is formed. What does it involve?: We start pretty much the day after the mid-year budget update in December, drawing up the main themes and we ask our colleagues for proposals.
Chalmers with Prime Minister Anthony Albanese. “If I could be a decent treasurer in a great Labor government, which is led by Anthony from go to whoa, that would make me happy.”: I certainly hope we’re doing better than the Wallabies usually are, 60 minutes into the Bledisloe, but moving on. Why did other headlines say this week “NSW got diddled out of $11 billion in GST”?I don’t think NSW did get diddled. First of all, there’s an independent body that works out how we come up with GST.
Source: Financial Digest (financialdigest.net)
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