Tonight is federal budget night, and I feel like making a few predictions. Unfortunately these days almost the entire budget is leaked by the government ahead of budget night (possibly so that the public actually know the budget announcement is coming), so my predicting ability is limited.
Tax cuts: Minor changes to income tax, most likely the changing of tax brackets by a few thousand dollars here and there.
Infrastructure: I’m expecting a big spending spree on water infrastructure, probably something to do with recycling storm water and pumping it in to the river system.
Education: Given that the university student unions are still whinging about the (fantastic in my view) move to voluntary student unionism, I believe the federal government will throw money at both tertiary education, and some of the services which may be suffering a bit, on the condition that no money goes towards union coffers. Personally I can’t understand why the universities don’t just do what CIT did and turn the “union membership fees” in to “union service fees”, nobody has to join, but the unions still get the money…perhaps CIT are just smarter than the universities.
There you go, my three predictions. I’m aiming for at least 66% accuracy here. Anybody care to add their own predictions?
Samuel