It's Stephen's birthday and it's the budget! What a time to be the AICD Chief Economist. Discussed in this episode:

[1:01] May RBA decision

[1:14] Copy-and-paste March decision

[1:40] April RBA decision

[1:45] April RBA minutes

[2:53] AICD Director Sentiment Index

[3:35] 2H16 Director Sentiment Index

[5:31] NAB March Business Survey

[6:03] Consumer confidence still subdued

[6:32] Treasurer's good/bad debt speech

[6:37] Badgerys Creek airport

[6:41] Inland rail

[6:52] Company tax cut

[6:59] Stephen on tax reform

[7:52] South Australia renewables debate

[8:35] Budget countdown

[8:58] Treasurer's flags housing package

[9:29] Negative gearing changes ruled out

[9:52] Retiree incentives to downsize

[10:06] Salary sacrificing a deposit

[10:21] Barbecue stoppers

[10:53] AICD's negative gearing position

[11:43] Health and education good debt?

[12:17] $50bn infra package

[12:20] 2014 $50bn promise

[12:48] Stephen on infrastructure debt

[13:18] Snowy hydro plan

[13:38] Sydney second airport history

[14:15] 2014 proposed university cuts

[14:26] Abbott's Gonski unity ticket

[14:33] Gonski double backflip

[14:36] Turnbull questions Gonski

[14:45] Gonski Company Director profile

[14:57] Gonski 2.0

[15:47] Higher education cuts

[16:07] Gonski 1.0

[16:23] Gonski and the forward estimates

[16:28] More or less funding for schools?

[16:51] 2.0 changes to status quo

[17:10] Greens support

[17:17] Private school cuts

[17:38] Gonski 2.0 Labor strategy

[18:29] 'Overfunded' cuts consensus

[19:10] i give a gonski campaign

[19:34] Gonski and Turnbull schoolmates

[21:14] Labor's Mediscare campaign

[21:31] PBS generics push

[22:21] Medicare rebate freeze to be lifted?

[22:48] Fairfax strike

[23:33] Government bonds on issue

[24:02] OECD government debt-to-gdb

[24:45] Net operating vs net cash balance

[25:07] Register for Stephen's budget webinar

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