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.
- The Budget Report – http://www.budget.gov.au/2014-15/index.htm
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
- The Australian
The responses from State governments about the budget and how it will effect them
These articles and analysis are an awesome thing to include in short and extended responses to get you those band 6 results!