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 @michellegrattan: Grattan on Friday: How 'guaranteed' is a rise in the superannuation guarantee? https://t.co/VSFN6SOkJu via @Conversati…

Is trust between the government and Australians broken? New book ready to pre-order, edited by IGPA's Mark Evans,… https://t.co/aLSm1f69A3

RT @IPAAVic: How will we be leading in 2030? Join us for an innovative approach to the trials and triumphs of leadership in the public sect…

RT @DelDemUCan: YOU CAN STILL REGISTER for Canberra Conversation on Monday, feat Prof Min Reauchamps of @G1000org to talk about the Belgian…

RT @ThinkPlace: “We are here to make sense of the ThinkPlace magic,” @MarkEvansACT says to a studio packed with friends and allies. https:/…

RT @ThinkPlace: “This is a really important book,” says Mark Evans from the museum of Australian democracy. “It’s testimony to the rise of…

RT @ThinkPlace: “When you look at a problem with a systems thinking approach you are looking at it holistically,” says @thoughtpod “it open…

IGPA’s Mark Evans @MarkEvansACT facilitates panel discussion on the contribution of design thinking to solving big… https://t.co/PSppYFGUnM

RT @DelDemUCan: Cheers to @UCIGPA @UniCanberra PhD student @nicolemoore81 for her contribution as ACT Legislative Assembly Library fellow!…

RT @DelDemUCan: What do citizens actually want parties to do? We’re honoured to host @DrAnnikaWerner’s #Canberra debut in our seminar serie…

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