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    Default Budget query

    Probably a couple of silly questions but I don't really understand how it works...
    1. When is the next election?
    2. When tony is ousted from government what happens with this farce of a budget? Does it get scrapped and rewritten?

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    I had a look into your first question earlier this evening. An election has to be held prior to 17th Jan 2017 , not 100% sure if that is right.

    As for your second question I have no idea sorry.

    I was actually wondering if all components of this budget have to pass the senate for it all to be implemented. Wondering what the possibilities there are of this.

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    Next election is ummmm 2016 I think unless a double dissolution happens.

    Seeing as there will be another 2 budgets handed down by then it's not a simple as reversing it but if labor were to get voted in they could reinstate certain things. Depends on what they want to do in 2/3 yrs time.

    Hope this makes some sense

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    Fx for a double dissolution

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    Quote Originally Posted by Cheerilee View Post
    I was actually wondering if all components of this budget have to pass the senate for it all to be implemented. Wondering what the possibilities there are of this.
    No they don't.

    If all parties agree on say a tax on higher income earners; then it gets implemented but the paid parental leave could get held up. 95% sure that's right

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    Thanks :-)

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    parts of it can be held up.

    The budget is a promise of spending not only for the coming financial year, but for the forward forecast - so for the next few years.

    Spending is either capital/one off type spending, or recurrent spending. So health, education etc gets a set amount each year ... which is indexed etc for the forecasts. This budget goes through, and the spending initiatives are implemented, recurrent spending cut, capital projects put into place etc ...

    So - if this government is voted out in 2-3 years time, the budgets that they have put into place will stay, unless the elected government changes the future estimates. ... it will be up to them to change the rules for ftb b or HECS etc.

    If they decide that universities should not be able to set there own fees for example, that is pretty hard to change back once its been given.

    Roll-back of initiatives already introduced is very difficult

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    Quote Originally Posted by KatiesMum View Post
    parts of it can be held up.

    The budget is a promise of spending not only for the coming financial year, but for the forward forecast - so for the next few years.

    Spending is either capital/one off type spending, or recurrent spending. So health, education etc gets a set amount each year ... which is indexed etc for the forecasts. This budget goes through, and the spending initiatives are implemented, recurrent spending cut, capital projects put into place etc ...

    So - if this government is voted out in 2-3 years time, the budgets that they have put into place will stay, unless the elected government changes the future estimates. ... it will be up to them to change the rules for ftb b or HECS etc.

    If they decide that universities should not be able to set there own fees for example, that is pretty hard to change back once its been given.

    Roll-back of initiatives already introduced is very difficult
    So The Greens, Labor and PUP (for example) could vote against the GP co-payment and FTB B changes and they would not be passed. Is that right? LOL just trying to get my head around it. DP is sick of my questions

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    yes.

    and the libs will negotiate to get their budget through.

    If they vote down financial bills it is called 'clocking supply' ... and that isnt done lightly.

    Firstly, politics is a long time thing ... if ALP start blocking supply it will come back to bite them when they are back in power.

    Secondly, others WILL negotiate, so its a game of bluff to get the most they can for what they want.

    Thirdly, if they block supply more than twice, the government can call a double dissolution (not that likely as Libs are pretty unpopular right now )

    and lastly ... ALP actually will be privately pretty happy (politically) with the complete and utter mess that the Libs are making. They get to point, call nasty names, explain how completely awful it is ... and then be the good guys and spend it again when they get back into power.

    They will pass most of these things Because it is politically advantageous for Labor if Libs do these very unpopular things ...

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