Government vows spending cuts

Article Abstract:

Australian Treasurer Peter Costello announced on Mar 12, 1996, that the newly-elected Liberal-National Party coalition government plans to make $6.1 billion in budget cuts from 1996-98. He also attacked erroneous budget figures released by the previous administration.

Statistics, Government spending policy, Economic indicators, Howard, John, Budget deficits, Costello, Peter

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Federal budget proves unpopular

Article Abstract:

A public-opinion poll indicated that only 25% of Australian voters believed that the economy would benefit from the country's budget for FY 1992-1993. The A$4.5-billion budget was designed to create hundreds of thousands of jobs.

Budget, Budgeting, Budgets, Public opinion

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Hewson proposes youth wage cap

Article Abstract:

Opposition leader John Hewson's wage-cap proposal on Australian youths is designed to encourage companies to hire unemployed youths. Prime Minister Paul Keating is critical of this plan.

Wage price policy, Wage-price policy, Hewson, John

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