There are those claiming that the Joe Hockey budget is an austerity budget, even a horror budget

There are those claiming that the Joe Hockey budget is an austerity budget, even a horror budget. If this is horror, then it is the kind of PG rated horror you would see in Saturday morning cartoons. If this is austerity, it is austerity for those who are unable to read Budget Paper No. 1: (VIEW LINK)


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Michael Knox
Director of Strategy and Chief Economist
Morgans

Michael was an Australian Trade Commissioner serving in Saudi Arabia and Indonesia. He joined Morgans (now Morgans Financial Limited) in Sydney in 1988. He was Chief Institutional Options Dealer until moving to Brisbane in 1990 as Economist and...

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