Forty percent of households who said that they received the payment reported having spent it. Forty percent of households who said that they received the payment reported having spent it - approximately twice the spending rate recorded in surveys assessing the 2001 and 2008 tax rebates in the US, according to this report. Using an...

Time is running out for the government to reverse the profligacy of the last four budgets, argues Stephen Anthony.

The Commonwealth government's 2002-03 Intergenerational Report is one in a series of reports required by the Charter of Budget Honesty Act. While there are differing opinions as to the accuracy of the fiscal projections made in the report and the appropriateness of the policy responses it favours, there is also more fundamental point of contention...