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Morning Edition. Wed 11 May 2011
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Australians give budget verdict Australians are mulling the details of the federal budget, examining how the cuts will affect their hip pocket. Budget winners and losers Here are the winners and losers in the 2011 federal budget: Assange awarded peace medal WikiLeaks founder Julian Assange has been given a peace award for what has been described as "exceptional courage in pursuit of human rights". Phillip Lasker on Swan's immoveable surplus TICKY FULLERTON, PRESENTER: The Government is sticking to its plan to achieve a budget surplus in two years' time. Swan's budget as tough as tofu It's hard to fault the political priorities of the budget - increasing skills training and workforce participation - but a "tough budget"? Tough as tofu.
The Drum	More from The Drum >
And then there it was: pretty much budget as expected And so after a couple weeks of announcements that the budget would be tough (you know a Horror Budget), out came a budget that well... was pretty much as expected. It was a fairly typical Labor budget - ie not a left-wing, Ben Chifley budget, but a Hawke-Keating budget. And as is always the case, the Government will be trying to tell us it was tough but fair for those 'doing it tough', and the Opposition will say they were not only not tough they were not fair on 'families'. Job, jobs, jobs: the values of the Labor budget Anyone who's been paying much attention to the Government's values talk should not be surprised at the themes Wayne Swan emphasised in the budget speech. Budget 2011: Australia on a wing and a prayer Lindsay Tanner, come back! All is forgiven. The former finance minister would have been embarrassed by this budget: despite all the stern prime ministerial repetition, it is not tough. Revenue forecasts made just six months ago have proved to be way too high, yet spending has gone on regardless. WhatÂ's more the optimistic forecasts remain just as optimistic. Any decent CFO would be embarrassed by it. Revenue forecasts made just six months ago have proved to be way too high, yet spending has gone on regardless. WhatÂ's more the optimistic forecasts remain just as optimistic. Random jottings from budget day How Wayne SwanÂ's big day unfolded ... a set piece circus in search of enthusiasm. Budget 2011: Your say
Just in	More Just In Stories >
Flood-hit Memphis escapes major damage Levees and natural bluffs have protected most of Memphis in the United States from serious flooding after the Mississippi River swelled to six times its normal width. Tasmania in turmoil as Bartlett quits The Tasmanian Premier has confirmed her predecessor David Bartlett is set to quit cabinet, plunging the state's minority government into a deeper crisis. Rush's life sentence bittersweet for family Convicted drug smuggler Scott Rush has escaped death row in Indonesia, but his supporters say his court victory is bittersweet.
World	More World Stories >
Flood-hit Memphis escapes major damage Levees and natural bluffs have protected most of Memphis in the United States from serious flooding after the Mississippi River swelled to six times its normal width. Rush's life sentence bittersweet for family Convicted drug smuggler Scott Rush has escaped death row in Indonesia, but his supporters say his court victory is bittersweet. Rebels claim Libya bombarded residential area Libyan government forces have bombarded a residential area outside the rebel stronghold of Misrata as a series of missile strikes in the capital appeared to target Libyan leader Moamar Gaddafi's compound.
Business	More Business Stories >
Raised lead levels pose no health risk: Buswell The Transport Minister Troy Buswell says he is confident a recent breach on lead levels at Geraldton Port does not pose a risk to the public. Petrol prices expected to fall Tasmanian motorists can expect petrol prices to fall soon. Budget given thumbs down by NSW Govt The New South Wales Government has taken aim at last night's Federal budget, saying the state got a dud deal.
Politics	More Politics Stories >
Assange awarded peace medal WikiLeaks founder Julian Assange has been given a peace award for what has been described as "exceptional courage in pursuit of human rights". Barnett says budget relies too much on mining The West Australian Premier Colin Barnett says the Federal Government has exaggerated the benefits expected to flow from the state's mining industry. Budget given thumbs down by NSW Govt The New South Wales Government has taken aim at last night's Federal budget, saying the state got a dud deal.
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Science & Technology	More Science & Technology Stories >
Coffs council not against solar powered developments A mid north coast council is defending itself from accusations it is not encouraging sub-division powered by renewable energy sources. High hopes for massive telescope project A bid for Australia and New Zealand to host a massive radio telescope array has received more than $40 million under the federal budget. Rare turtle washes up at Eagle Bay A rare leatherback turtle has washed up dead on a beach in the state's south west.
Environment	More Environment Stories >
Forum will look at coal seam gas pollution A forum to address the potential impacts coal seam gas mining has on air pollution will be held in Gloucester on Friday May 13. Concern over river advisory board change Environmentalists in the New South Wales Snowy Mountains are concerned the new State Government will not meet a crucial deadline for the Snowy Scientific Committee. Greens bemoan a budget 'lacking vision' Greens Leader Bob Brown has lashed out at the Government for delivering a budget he says featherbeds the profits of large mining companies at the expense of the least fortunate in society.
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