Taxing Matilda

Article Abstract:

The Australin prime minister, John Howard, and his conservative coalition have been re-elected, and he has campaigned for a new tax on services and goods. Australian voters are more prepared to accept the need for tax reform than in previous elections, but opponents of reform argue that less than half have voted for the tax changes. Howard may encounter obstacles, but he should persist with his reform plans. He has promised to reduce income tax, and may not be able to do this due to the impact of the Asian financial crisis on the economy. The launch of new taxes with no income tax reductions could create political problems for Howard.

Public Finance Activities, Tax Administration, Editorial, Taxation

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Bruce and Kylie mount the barricades

Article Abstract:

Protests and an attack on parliament greeted the announcement of spending cuts and pro-business changes in labor laws by the Australian government. Prime minister John Howard and Peter Costello of the Liberal-National Party thought by announcing the changes early, it would soften the blow.

Labor law, Demonstrations

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Second thoughts: Australia

Article Abstract:

John Howard's conservative coalition government vowed to implement fiscal restraint measures and balance the budget when he took office in 1996. However, the 1997-98 budget introduced May 13, 1997, still has a deficit of $3.1 billion. A surplus is expected the following year.

Budget, Budgeting, Budgets, Budget deficits

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