Well. Professor Rob meant Wearing is a politics professor Flinders University. He joins me in now, Professor, good morning and thanks for your time today. What is your overview of the budget?

Well. Professor Rob meant Wearing is a politics professor Flinders University. He joins me in now, Professor, good morning and thanks for your time today. What is your overview of the budget?

Well, I mean, obviously we think about it through like the political lens really is that we're at. And you've got to bear in mind where we are in the political cycle, which is, you know, it's a budget just before a federal election is about to be called, so it tells you something about the types of measures that you might well expect to see in there. And I think generally, I think Jim Chalmer's labor treasure will be generally pretty pleased with how it's gone in terms of the optics and the politics of it. And I think the sort of the way in which the surprise element of the tax cuts has probably played out and sort of dominated the headlines they'll be pleased with in terms of that. And I think it does create something of a bit of a wedge or a problem for the opposition, So it'd be really interesting to see how they reply in the next bail.

Well, I mean, obviously we think about it through like the political lens really is that we're at. And you've got to bear in mind where we are in the political cycle, which is, you know, it's a budget just before a federal election is about to be called, so it tells you something about the types of measures that you might well expect to see in there. And I think generally, I think Jim Chalmer's labor treasure will be generally pretty pleased with how it's gone in terms of the optics and the politics of it. And I think the sort of the way in which the surprise element of the tax cuts has probably played out and sort of dominated the headlines they'll be pleased with in terms of that. And I think it does create something of a bit of a wedge or a problem for the opposition, So it'd be really interesting to see how they reply in the next bail.

Would you expect Peter Dutton to stay somewhat of a bidding war when it comes to tax cuts.

Would you expect Peter Dutton to stay somewhat of a bidding war when it comes to tax cuts.

Well, it's interesting. I mean it's hard to know exactly how they're going to plan play it because on the one hand, some of the coalition plans are quite big spending, so particularly around commits, the defense spending matching labor on, the kind of medicare spend, and of course their nuclear policy which entails you know, some significant government expenditure. The question is where they are going to you know, whether they match them for tax cuts. I mean, one element they've talked about, Angus Taylor was talking about just this morning was that, I mean they hope to make some efficiency savancies through around about cutting forty thousand or so public servant jobs, particularly in Canberra, So that's where one element. But yes, it'd be interesting. I mean, so far on the media rounds last night this morning, Pete Duncan seems somewhat cagy about what they're going to do about kind of tax cuts because it's slightly taking the windown of their sales.

Well, it's interesting. I mean it's hard to know exactly how they're going to plan play it because on the one hand, some of the coalition plans are quite big spending, so particularly around commits, the defense spending matching labor on, the kind of medicare spend, and of course their nuclear policy which entails you know, some significant government expenditure. The question is where they are going to you know, whether they match them for tax cuts. I mean, one element they've talked about, Angus Taylor was talking about just this morning was that, I mean they hope to make some efficiency savancies through around about cutting forty thousand or so public servant jobs, particularly in Canberra, So that's where one element. But yes, it'd be interesting. I mean, so far on the media rounds last night this morning, Pete Duncan seems somewhat cagy about what they're going to do about kind of tax cuts because it's slightly taking the windown of their sales.

I think what about the the level of debt that the Australia is in and the fact that young Australians will be paying off this debt for many years to come, and the factor of the global events we know we're going into the unknown. There are a lot of unknowns about this budget not there and what is going to happen into the future.

I think what about the the level of debt that the Australia is in and the fact that young Australians will be paying off this debt for many years to come, and the factor of the global events we know we're going into the unknown. There are a lot of unknowns about this budget not there and what is going to happen into the future.

Yeah, I mean, I mean you're raising some really good questions here, and I think one of the things you would say about this kind of budget is that there's a number of kind of structural problems that in one sense, this budget doesn't really address. And one is actually around this kind of intergenerational divide. Now that the outcomes and economic circumstances, particularly through the next generation, particularly my students who are coming through face a very different set of headwinds than their parents and grandparents would have faced in some ways. So that's that those sort of structure issues just don't getting touched upon. The issue about public kind of government debt is really is kind of interesting because of course there's lots of concern about overall levels of kind of debt. But I think a number of people will point out that actually, in comparing terms, Australia's overall level of debt, even though the sums look eye watering on their own, are relatively middle ranking or relatively modest, so compared to say, for example, the United Kingdom or Japan, for example, both with quite vibrant economies. In some senses, Australia's debt levels are really relatively insignificant compared to that. Now, of course, that's not to say we shouldn't be concerned about them or thinking around them, but some comparative lens that kind of gives a sense, well maybe, actually, you know, the Australia is probably positioned in a slightly strong opposition than certainly those two countries.

Yeah, I mean, I mean you're raising some really good questions here, and I think one of the things you would say about this kind of budget is that there's a number of kind of structural problems that in one sense, this budget doesn't really address. And one is actually around this kind of intergenerational divide. Now that the outcomes and economic circumstances, particularly through the next generation, particularly my students who are coming through face a very different set of headwinds than their parents and grandparents would have faced in some ways. So that's that those sort of structure issues just don't getting touched upon. The issue about public kind of government debt is really is kind of interesting because of course there's lots of concern about overall levels of kind of debt. But I think a number of people will point out that actually, in comparing terms, Australia's overall level of debt, even though the sums look eye watering on their own, are relatively middle ranking or relatively modest, so compared to say, for example, the United Kingdom or Japan, for example, both with quite vibrant economies. In some senses, Australia's debt levels are really relatively insignificant compared to that. Now, of course, that's not to say we shouldn't be concerned about them or thinking around them, but some comparative lens that kind of gives a sense, well maybe, actually, you know, the Australia is probably positioned in a slightly strong opposition than certainly those two countries.

How do you think the budgets balanced to our domestic needs with international commitments? I mean, it's a pretty unstable world at the moment. Defense, foreign aid should more have been done there.

How do you think the budgets balanced to our domestic needs with international commitments? I mean, it's a pretty unstable world at the moment. Defense, foreign aid should more have been done there.

Yeah, I mean I think I think there's a couple of things to stay arount. That is, one, is that get quite right, I mean I mean with I mean with the Trump presidency and sort of this sort of return to kind of this new way of kind of tariffic policies. I mean, this in one sense is really threatening to kind of destabilize some of the kind of the global kind of order. So some and then there's kind of some sets of responses. The first is that generally speaking, particularly in Europe and Australia, there's a better commitment to kind of beef up defense funding and you've seen that again and I think both the Coalition and Labor will seek to do this. In terms of this level, there tends to be a very myopic view I think about international aid, So it tends to get cut quite easily, and it's tend to see as sort of like seeing the equivalent as a welfare handout for overseas countries. But actually it's a really strategic way of Shina showed soft power and a way in one sense how particularly China has used aid and its budget to really leverage its influence in certain parts of the world. So it actually cuts to international aid tend to be kind of, in my view actually rather short sighted and and can come somewhat miss the.

Yeah, I mean I think I think there's a couple of things to stay arount. That is, one, is that get quite right, I mean I mean with I mean with the Trump presidency and sort of this sort of return to kind of this new way of kind of tariffic policies. I mean, this in one sense is really threatening to kind of destabilize some of the kind of the global kind of order. So some and then there's kind of some sets of responses. The first is that generally speaking, particularly in Europe and Australia, there's a better commitment to kind of beef up defense funding and you've seen that again and I think both the Coalition and Labor will seek to do this. In terms of this level, there tends to be a very myopic view I think about international aid, So it tends to get cut quite easily, and it's tend to see as sort of like seeing the equivalent as a welfare handout for overseas countries. But actually it's a really strategic way of Shina showed soft power and a way in one sense how particularly China has used aid and its budget to really leverage its influence in certain parts of the world. So it actually cuts to international aid tend to be kind of, in my view actually rather short sighted and and can come somewhat miss the.

Mark, professor. Overall, do you see it as a responsible budget?

Mark, professor. Overall, do you see it as a responsible budget?

That's a question that I will leave to the voters. The I mean the words I mean. The thing to bear in mind is that, you know, let's just put in context the politics of this, where this is this is a pre election kind of budget, and my best guess probably is that and now they will be off to see the government at the weekend. But also different schools of economists have different views about what the government should do. So some schools of economics will say, actually, we should cut government spending and others say, actually, in these circumstances, is really important that we primary economy by further targeted spending. So even within the kind of the school of economics, there's not actually a clear view about what responsible means. But voters, of course, you know, they're the ones who have to decide about what they you know, what's on offer for them and what they want to do when they hit the ballot box.

That's a question that I will leave to the voters. The I mean the words I mean. The thing to bear in mind is that, you know, let's just put in context the politics of this, where this is this is a pre election kind of budget, and my best guess probably is that and now they will be off to see the government at the weekend. But also different schools of economists have different views about what the government should do. So some schools of economics will say, actually, we should cut government spending and others say, actually, in these circumstances, is really important that we primary economy by further targeted spending. So even within the kind of the school of economics, there's not actually a clear view about what responsible means. But voters, of course, you know, they're the ones who have to decide about what they you know, what's on offer for them and what they want to do when they hit the ballot box.

Professor Great to Chant, Glinda's University. Professor of Politics, Rob Main wearing five double A Mornings with Great Am Goodings

Professor Great to Chant, Glinda's University. Professor of Politics, Rob Main wearing five double A Mornings with Great Am Goodings