Managing Government Budgets

Rachel Nolan, a former Queensland Government finance minister, speaks with Economics Explored host Gene Tunny about how government budgets are developed and just how much flexibility governments actually have.Rachel Nolan is Executive Director of the McKell Institute and is an honorary Senior Lecturer in Philosophy at the University of Queensland. Rachel was a member of the Queensland Parliament for eleven years from 2001, when she was elected as the youngest woman ever. She is a former Minister for Finance, Transport, and Natural Resources and the Arts. Rachel was a member of the Queensland Government’s central budgetary decision making body, the Cabinet Budget Review Committee.Links relevant to this episode include:Budget of the U.S. GovernmentThe Federal Budget in Fiscal Year 2020: An InfographicEconomics Explored EP31 Paying for the Coronavirus rescue measures with Joe Branigan (Note we've changed the name of the show since this episode was recorded so it doesn't clash with a popular YouTube channel)