Abbott mulls Federation doom loop

Monday 22 June 2015

After it was leaked to Fairfax yesterday that the Abbott Government was considering abandoning funding for public schools, leaving the states some $2 billion per year worse-off, The Australian has reported today that the Abbott Government is also considering pulling funding from public hospitals, leaving the states $18 billion worse-off.

I am the first person to admit that Australia’s federal system is nowhere near perfect.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.