This paper outlines the case for and key elements of a comprehensive budget reset after the federal election and ahead of the 2023-24 Federal Budget.

This submission has been prepared by the Summer Foundation.

The research sought to understand what Australians think about government debt, which kinds of debt recovery measures are palatable, and what effective issue framing in budget repair would look like.

This paper argues that Australian Treasury do not believe that any of the Coalition Governments major economic policies announced in the last six years will deliver lasting benefits to the economy.

The 2021 Intergenerational Report projects an outlook for the economy and the Australian government’s budget over the next 40 years. It examines the long-term sustainability of current policies and how demographic, technological and other structural trends may affect the economy and the budget.