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 @Virginia_Hauss: Fantastic discussion- Women of the Capital Roundtable @dfat with Indonesian delegates @dayupermata ,Fika Fawzia & retno…

RT @DelDemUCan: NOT TO BE MISSED! Back-to-back presentations on Tue by our amazing visiting fellows Andreas Schäfer (Humboldt) and Kari De…

RT @BenLeruth: Last chance to join @RGWhitman, @pbmurray1, @annemcnaughton4, @CharlesLees2, @ProfStoker and myself for a discussion on Brex…

RT @DelDemUCan: Happening now: @AndreBaechtiger gives us an overview of Mapping & Measuring Deliberation at @UniCanberra @UCIGPA 🙌 https://…

RT @umut_ozguc: Dr Peter Balint is presenting a very interesting paper on cultural appropriation #APTP2019 @UNSWCanberra @UCIGPA https://t.…

RT @hedda_r: This was such a fabulous conference!! Genuinely thought provoking, razor sharp analysis. Thanks for organising @jrpickering, @…

RT @DelDemUCan: Thanks for attending the #APTP2019 book launch of Dryzek & @jrpickering’s Politics of the Anthropocene! Cheers to @UCIGPA’s…

RT @DrMWalsh1: Professor Bang says we need to distinguish between interest politics and identity politics. #APTP2019 @UCIGPA @politicsANU @…

RT @DrMWalsh1: Professor Dave Marsh on putting the political back into political participation. #APTP2019 @UCIGPA @politicsANU @UniCanberra

RT @BuddhaBaby1983: listening to the benefits of changing the one person = one vote theory... I am in my element right now.. awesome job @U…

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