Politics podcast: John Hewson on the budget climate

John Hewson, a former Liberal leader and chair in the Tax and Transfer Policy Institute at the Australian National University, describes the uncertain economic climate into which Treasurer Scott Morrison...

by John Hewson

John Hewson, a former Liberal leader and chair in the Tax and Transfer Policy Institute at the Australian National University, describes the uncertain economic climate into which Treasurer Scott Morrison will deliver next week’s budget.

“I think it’s an occupational hazard for treasurers that they’re always optimistic – always try to put a better gloss than is the case,” Hewson says.

“I’ve been analysing and forecasting economies since the late ‘60s and I picked up most of the big turning points over that period. But I’d have to say that right now I think it’s harder than it’s ever been to say what might happen next.”

Hewson nominates the after-effects of the global financial crisis, geopolitical tensions, and environmental challenges as some of the factors driving his doubt.

There is also the matter of Donald Trump.

“He’s quite unpredictable and his capacity to govern in the United States is really quite limited. Although he might have been a reasonably successful property developer, it’s not easy to run a government off that skill-set in Washington and he’s finding the reality of that.”


This podcast is co-published with the The Conversation.

Canberra is changing fast and this is having a significant impact upon density, green areas and public spaces. How… https://t.co/eRxDNzhXqi

RT @policy_space: New from Jon Stanhope and Khalid Ahmed: Deteriorating Finances of the ACT. Are Canberra residents justified in asking for…

RT @DelDemUCan: Happening now: Dr @DFleuss gives us a preview of her forthcoming book. Spoiler alert: Fleuß rejects paternalism, draws fr &…

RT @JeanPaulRGagnon: An intellectual salon in a secret room in a secret #Canberra pub? Yes. It's true! RSVP to partake in an evening coll…

RT @Virginia_Hauss: Today on BroadAgenda @UniCanberra @UCBGL pt 2 by @AusAWG Dr Sharman Stone @dfat in our series on the challenges & unfin…

RT @purposeaus: Dr Anna Dacre has worked in the parliamentary environment for nearly 20 years. We’re excited to have her speaking at our Es…

RT @IPAAACT: Presidents representing IPAA divisions from across the country, join the Governor-General and IPAA members to celebrate IPAA’s…

RT @Virginia_Hauss: We are delighted @UCBGL @UniCanberra @UCIGPA to see our brand new recruit @Rubenstein_Kim1 on @InsidersABC this morning…

RT @BroadAgenda5050: How feminist is fitness culture? Certainly, its about strength and self-empowerment, but is there another side, asks @…

RT @DelDemUCan: Who do participants of a citizens' jury represent? Let's hear from our Visiting PhD student @AlexMGeisler from the Universi…

Please enter your email to subscribe and receive updates:

Institute's Office

Building 23, Level B & Building 24
University Drive South
University of Canberra
ACT 2601
Phone: +61 2 6201 2074

NATSEM

Building 24
University Drive South
University of Canberra
ACT 2601
Phone: +61 2 6201 2780