Craig Hill Media and Consulting
Martin Parkinson
Australian debt may grow beyond $300 billion limit
Australia’s debt could breach the government’s legislated $300 billion maximum limit this calendar year as the outlook for Australia’s resource sector deteriorates. Treasury’s senior budget official, Nigel Ray, told the Senate economics committee last week that the debt was expected to rise no further than $290bn in 2013-14, based on the budget forecasts. Although it … Continue reading
Australia has a secret China Unit
After years of policy confusion, a high-powered task force has been quietly pulling the China threads together in the federal bureaucracy. Canberra‘s leading mandarins have formed a secret task force to cope with the unprecedented challenges of rising China. The Committee of Secretaries on China was formed by a cabinet decision of December 2010 following … Continue reading
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