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Episode 45 – 18 May 2016

In this episode we do some “back of an envelope” calculations and here are the figures we used.

  • The government announced an extra $1.2b for education but Gonski needs $4.5b so we have to find $3.3b to achieve the same budget deficit.
  • Taxing religions could generate somewhere between $5b and $10b
  • Negative Gearing costs the budget about $4b-$5b each year
  • The “small”

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