Budget

Budget... pretty uninspiring in my opinion.

Too little on the big picture stuff (climate change), a swag of money for Uni's (good thing, but hardly THE most important thing) and a notional tax cut.  Whilst the tax cut is small, I do fear interest rate hikes more and a significant tax cut would heat up the consumerism in Australia (and dont we just LOVE to buy) and then the home loan rate would go up.

So I will give credit where it is due and the Liberals have looked at the big picture economically to ensure that the risk of rate hikes is minimal.

However, I believe it is time to look at infrastructure and the future and start investing in some smart capital projects to ensure future social and environmental prosperity.  The response from the Government has been piece meal and token and the broader community is looking to the Federal parties to show some direction... of course with an election campaign looming,  I am sure they will come out with a last ditch effort to buy votes by promising these things.

Overall, Budget was a non-event given the cautious "softly softly" approach coming into an election... and at least they didnt blow our mortgages on extravagant tax cuts.

*Yawn*