How do Australian governments budget? How well do they spend and manage our money?
Governments seem to be locked in a constant struggle with the problems of budgeting. Cabinet never has enough resources to go around, and while some agencies 'guard' public expenditure, others find endless ways to make new claims on budgets.
Managing Public Expenditure in Australia provides the first systematic analysis of government budgeting and the politics of the budgetary process. Drawing on extensive original sources, the authors examine debates and reforms in public finance from Whitlam and Fraser to Hawke, Keating and Howard, and assess their impacts on policy development. In tracking the way governments actually spend money, Managing Public Expenditure in Australia provides an alternate and complementary political history of federal government over the past forty years.
This book also includes accessible discussions on topics such as budget theory, financial management in government, and debt and deficit reduction. An explanation of new resource management techniques and initiatives help to illuminate the ongoing changes to budget and expenditure management practices.
This is an essential purchase for students, teachers and practitioners of public finance, and for anyone involved in the continuing debate over the nature and role of the public sector.
Abbreviations and Acronyms
1. Budgets and Public Expenditure in Democratic Society
2. Understanding the Australian Budgetary System
3. Great Expectations: the Promise of Early Budget Reforms
4. The Enduring 'Problem' of Treasury
5. Splitting the Treasury: Humpty's Great Fall
6. More Control... More Spending: the paradox of the Fraser Years
7. Unfinished Business: Budget Reform Under Hawke
8. From Control to Management: the FMIP and Beyond
9. Surplus to Deficit: the Keating Roller-Coaster
10. The New Business of Budgeting: Expenditure Management Under Howard
11. Cutting Expenditures, Avoiding Deficits and Managing Surpluses
12. Is Public Expenditure Better Managed Now?