Economics Update: The 2014/15 Budget

May 15, 2014

On Tuesday night, the Coalition government released their budget for 2014/15.

This is one of their fiscal policy tools that they can use to manage the economy.

The budget effects the level of economic activity, resource allocation and income distribution. It can also influence the achievement of the government’s objectives of economic growth, internal and external balance.

There have been mixed responses from this budget with students, families, education and health expected to take some cuts.

Below are some useful articles on responses to the budget.

This is the Budget Papers as released by the Commonwealth Government.

  •  ABC “Winners and Losers”

A simple compression of key areas of spending and cuts made in the budget

http://www.abc.net.au/news/2014-05-13/budget-winners-and-losers/5433178

  • The Australian

The responses from State governments about the budget and how it will effect them

http://www.theaustralian.com.au/national-affairs/states-prepare-for-battle-over-budget-cuts-to-schools-hospitals/story-fn59niix-1226917083021

These articles and analysis are an awesome thing to include in short and extended responses to get you those band 6 results!

 

“Let’s Talk About the HSC”

The ultimate podcast for students and parents navigating the journey of the HSC. Presented by HSC CoWorks, each episode dives into the challenges and triumphs of the HSC experience, offering expert advice, study tips, and insights into achieving academic success.

Whether you’re preparing for exams, managing stress, or looking for ways to stay motivated, this podcast is your go-to guide for all things HSC. Join us as we chat with educators, students, and professionals to help you thrive during this important academic milestone!

Instagram

The HSC can feel like it’s all consuming right now.
The assignments. The exams. The late nights. The pressure.
But our Balgowlah coaches are living proof that there’s so much waiting for you on the other side.
From travelling the world, building careers they’re passionate about, studying at university, moving overseas, and saying “yes” to opportunities they never imagined in Year 12 . Their adventures all started with the same thing: putting in the work. 
The HSC isn’t the finish line. It’s a launch pad.
Every study session, every practice paper and every small effort you’re making now is helping create more choices, opportunities and skills for your future self.
So when motivation feels hard to find, remember what you’re working towards.
The adventures ahead are worth it 🏔️ 
#HSC2026 #Year12 #StudyMotivation #FutureYou #HSCCoWorksBalgowlah
The HSC tools and systems you need to succeed are right here at CoWorks! 🏔️🚀 And it’s not too late to start using them! 
Receive expert support from experienced Coaches, Teachers & Markers across ALL your subjects 7 DAYS a week 🔥 
HSC2026 enrolments closing soon. 
#hsccoworks #free14daytrial #hsc2026
40 days... That’s all that’s left until most HSC Students begin their HSC Trial Exams.
While that might sound like plenty of time, these next six weeks will disappear faster than you think. The students who perform their best in Trials won’t be the ones who panic in the final week, they’ll be the ones who use the next 40 days with purpose.
We’ve put together a 40-Day Trial Exam Plan to help you know exactly what to focus on, when to focus on it, and how to build momentum right through to exam day.
âś… Content consolidation
âś… Exam technique
âś… Trial paper practice
âś… Final revision strategies
Plus, we’ve created a FREE 40-Day Study Planner to help you stay organised, track your progress and make every day count.
Read the blog and download your free planner today #linkinbio or COMMENT “Planner” and we will send this directly to you.
#HSC2026 #Year12 #HSCTrials #StudyTips HSCCoWorks
WHATS YOUR WHY? 
Whether its that ski season in Japan, a boat day in Greece, a basketball game in LA or that 3 month summer break post-exams, knowing what you’re working so hard towards is what will keep you going on the days you lack motivation and just want to give up. 
Put in the work now so you can enjoy these things with no regrets 👊🏽👊🏽
#motivation #studymotivation #travel #hsccoworks