Managing Government Budgets

<p>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.</p><p>Rachel Nolan is Executive Director of the <a href="https://mckellinstitute.org.au/" target="_blank">McKell Institute</a> 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.</p><p>Links relevant to this episode include:</p><p><a href="https://www.usa.gov/budget#item-213709" target="_blank">Budget of the U.S. Government</a></p><p><a href="https://www.cbo.gov/publication/57170" target="_blank">The Federal Budget in Fiscal Year 2020: An Infographic</a></p><p><a href="https://queenslandeconomywatch.com/2020/04/16/paying-for-the-coronavirus-rescue-measures-economics-explained-ep31-with-joe-branigan/" target="_blank">Economics Explored EP31 Paying for the Coronavirus rescue measures with Joe Branigan</a> (Note we've changed the name of the show since this episode was recorded so it doesn't clash with a popular YouTube channel)</p>