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The ‘normal’ budget of the Abbott government is $1.7 trillion, says Labor

The “normal” budget of Australia’s government is about $1,700 billion, according to the latest economic assessment.The Government’s fiscal year 2018-19 is due to be announced on Tuesday.In the first quarter of 2019-20, the budget for the fiscal year was projected to be about $2.2 trillion.However, according the Treasury, that figure includes spending on the NBN,

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Harvard economics professor calls for more U.S. economic aid

The Harvard economics doctoral student who coined the term “midpoint formula” has called for more financial aid and an increase in military aid to help meet rising global temperatures. The economist’s statement is in response to a question on the economic impact of climate change posed by CNN’s Christiane Amanpour at a forum on Wednesday.The United