6min chapter

Follow The Money cover image

October Budget Wrap

Follow The Money

CHAPTER

Australia's Growing Debt and Structural Deficit

Exploration of Australia's mounting debt projections, the concept of structural deficit, and missed opportunities in addressing budget imbalances, particularly the exclusion of high-income tax cuts. The chapter stresses the need for tax reform, revisiting tax cuts for low-income individuals, and facing the budget deficit realistically amidst favorable economic conditions.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode