The recent federal budget neglects the need to reform an ailing system.
The nature repair market is sold as a good news story: willing land managers benefiting nature with support from the private sector. But if offsets are part of it, the reality could be very different.
The budget earmarked worthwhile climate measures, but many are piecemeal. Amid record-breaking extreme weather in Australia, federal spending on climate action still falls well short.
UNSW has academic experts available to comment on the federal government budget announcements in October.
Australians have endured floods, bushfires and hailstorms and more over the last two years. The government is better aligning policy to deal with disasters, but its plan is somewhat half-baked.
Inflation, interest rates and booming mining royalties give the Morrison government scope to ignore the deficit daleks.
When borders reopen, expanded pathways for refugee admission could help both displaced people and strengthen the Australian community, says a UNSW Law expert.
UNSW has academic experts available to comment on the Federal Government budget announcement.
We'll need to spend at least an extra 15-20 per cent of GDP per year. It'll be more palatable if it is funded by COVID bonds.
UNSW Business School academic Kathrin Bain suggests that as an alternative, the government could make franking credits non-refundable for public companies but refundable for private companies.