Analyzing the Impact of Budget on Structural Deficits and Government Spending

This year’s Budget tries to do several things at once. In the short term it offers cost-of-living relief but tries not to contribute to inflation. In the longer term it departs from decades of economic orthodoxy by picking industries to invest in.  Specifically, green hydrogen and critical minerals.   

But will it work? And how responsible is it? Three of the country’s leading economists offer their views.

Guests:

Shane Oliver, Chief Economist, AMP

Richard Holden, Professor of Economics, UNSW Business School

Luci Ellis, Chief Economist, Westpac Banking Group