It might be a bit strange but I love budget night. Every year I...

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    It might be a bit strange but I love budget night. Every year I watch the speech and the analysis and get optimistic about Australia and appreciate how lucky we are. It rarely lasts until the next May but it probably should.

    This budget comes at an interesting time in Australia's history, albeit from a possibly overstated position of weakness.

    There will doubtless be popular cheapies to head off ALP and One Nation and try to preserve their jobs for another term, but there should be some landmark infrastructure spending. ScoMo reckons the deficit will still be gonski by 2019-2020, but I wonder if we'll see some clever(?) accounting in the distinction between good debt and bad debt. That may not be evident until the day before the 2020 budget but there you go.....

    NDIS to be fully funded is brilliant, as is International Tax Avoidance task force expansion. I hope the real estate measures they take are considered and not too rash.

    These are only general comments and I genuinely look forward to the nitty gritty and understanding the direction of our great country in the short-medium term.

    Re-reading this post it leans towards the socialist side, but that's how I find myself leaning as I get old........it's not meant to be a political post but merely an interest in the workings of govt and tax.

    Cheers.
 
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