Relative Return Insider: What should be in the federal budget?

About this episode

The episode discusses the upcoming federal budget and its implications amidst weak productivity and geopolitical risks.

In this episode of Relative Return Insider, host Keith Ford and AMP chief economist Shane Oliver unpack the approaching federal budget against a backdrop of weak productivity and mounting geopolitical risk. Shane outlines the Treasurer's three-pronged agenda – savings, productivity reforms, and tax changes – while warning that genuine reform could be derailed by populist, short ‑ term cost ‑ of ‑ living measures. Tune in to hear: Why the tax mix needs to be reset to have a greater focus on GST and less on income. The importance of a long-term view versus short-term fixes to address cost of living pressures. Where the US–Iran conflict and Strait of Hormuz disruption stands.

People in this episode

Host: Keith Ford

Guest: Shane Oliver

Topics covered

• federal budget
• productivity reforms
• tax changes
• cost of living
• geopolitical risk

Keywords

• federal budget
• productivity
• tax reform
• cost of living
• geopolitical risk

Mentioned in this episode

Organizations: AMP

Places: US, Iran, Strait of Hormuz

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