PwC's CFO Leadership Forum: Federal Budget - Is it crunch time? Sinclair Davidson.

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PwC's CFO Leadership Forum: Federal Budget - Is it crunch time? Sinclair Davidson

Budget Crisis? RMIT University © 2014 Economics, Finance and Marketing 2

Budget Crisis? RMIT University © 2014 Economics, Finance and Marketing 3

Debt Crisis? RMIT University © 2014 Economics, Finance and Marketing 4

Thoughts Routine budget management. –Tightening access to welfare. Structural Repair. –New sources of revenue. –Fiscal federalism. –Reducing spending/liabilities. Fiscal constitution. –Preventing future debt and deficit crises. Social engineering. –Policies that have little budgetary impact. –Universities, $7 co-payment, Medical Research Future Fund. RMIT University © 2014 Economics, Finance and Marketing 5

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