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.

RT @DelDemUCan: It's an *incredible* honour for our Centre to host the prize-winning public intellectual @WaldenBello in our #DelibDem Semi…

RT @UniCanberra: Congratulations to our 2019 Research and Teaching Excellence Awards Winners! Associate Professor Lain Dare for Research Ex…

Many congratulations to IGPA's Lain Dare who has just won UC's Award for Research Excellence in Social Sciences.… https://t.co/ZRag0VDtdt

RT @Virginia_Hauss: What a fabulous delight this was! A panel discussion with an intellectual & journalistic powerhouse of thought - around…

RT @MoAD_Canberra: Last night @JenBrockie, @MarkEvansACT, Joanne McCarthy and @tattinot engaged in a panel discussion about press freedom t…

RT @michellegrattan: Grattan on Friday: When the firies call him out on climate change, Scott Morrison should listen https://t.co/2onNb9IQ5…

RT @BroadAgenda5050: This week in #GenderNews: Trudeau's new cabinet - competence or 'because it's 2019'?; The "female problem" in medical…

IGPA's John Halligan will deliver the 5th Chief Minister’s Governance Lecture on "Established as a body politic…: t… https://t.co/KtNu7yq9YZ

RT @IPAAACT: @MarkEvansACT welcomes us all to this morning’s panel event focused on #democracy - @MoAD_Canberra provides a fitting setting…

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