A broken budget promise

When a slump in federal tax revenue results in a bigger than expected deficit, Prime Minister Gillard and Treasurer Swan jettison the promised surplus to survive through globally challenging times. But a broken budget promise is the kind of shock that upsets the nation and as the deficit increases so does the credibility gap. With mixed feelings the Gillard government announces reforms to welfare, health, education, foreign aid and superannuation to help bring down a “financially responsible budget” and partly fund DisabilityCare and the Gonski education reforms.

Raft of the ALP

Alan Moir, The Sydney Morning Herald,

Grave

Peter Broelman, Syndicated,

Bottomless pit

Cathy Wilcox, The Sydney Morning Herald,

Federal budget landing

David Pope, The Canberra Times,

The Great Gonski

Mark Knight, Herald Sun,

Charity begins at home

Jon Kudelka, The Australian,

Use as needed

Glen Le Lievre, The Sun-Herald,

Latest projections

John 'Polly' Farmer, The Mercury,

Amazing Treasuro

Pat Campbell, The Canberra Times,

Still on the table?

David Rowe, The Australian Financial Review,