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Federal Budget ranks 12th in transparency

18 March 2018

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Professor Miranda Stewart is Director of the Tax and Transfer Policy Institute at Crawford School. She currently teaches the graduate course Public Finance (POGO8048).

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Australia’s federal Budget has been ranked 12th in the world for transparency, with Australia well ahead of the OECD average but still behind New Zealand, The United States and the United Kingdom.

As Australia prepares for the May 8 Budget, the first Open Budget Survey of Australia has been compiled with the help of The Australian National University (ANU) Tax and Transfer Policy Institute (TTPI) at Crawford School of Public Policy. The Open Budget Survey of Australia will be officially launched at 5.15pm on Tuesday on 20 March at Crawford School, with a speech from Parliamentary Budget Officer Jenny Wilkinson.

TTPI Fellow Professor Miranda Stewart said while Australia performed well out of the 115 countries in the survey, more could be done to improve Budget transparency. “Australia was a pioneer in Budget reform and provides a good example of budget transparency,” Professor Stewart said.

“But Australia’s Budget contains much less information than in the past about distributional effects of budget policy on taxes and welfare.

“The Australian budget also does not contain any analysis of the budget by gender. This is in contrast to the 1980s. The recent Canadian budget puts gender equality as a core part of the public budget analysis.”

The Open Budget Survey promotes the presentation of budget information in a full, clear and accessible way, and encourages public participation.

Australia scored 74 out of 100 for transparency, well above the global average of 42, but received a lower score of 41 out of 100 for public participation.

“The Government receives pre-budget submissions from organisations but it does not publicise this opportunity widely or go out and consult directly with communities about budget decisions,” Professor Stewart said.

“The Government does not release a pre-Budget policy statement or permit a Parliamentary debate about budget priorities. It keeps budget policy and decisions close to its chest.”

Australia’s full results are available at: https://www.internationalbudget.org/open-budget-survey/results-by-countr....

Open Budget Iindex 2017, OECD conturies and global average

Details of the launch are available on https://taxpolicy.crawford.anu.edu.au/news-events/events/12223/open-budg....

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