The message of the Federal Budget in May is that of a need or repair, Quotations of a “budget emergency”, “sharing in the pain” , “ending of entitlement” and “debt tax”, have raised concerns to all Australian and businesses alike. The
quality management tool and benchmarks have been used in the Henry Review and The Commission of audit. Recommendations from these tools are the basis for the setting on policy for years to come.
The austerity measures to be taken, highlights the forecast government department reductions from 890 to 584, in the form of a reduction or rationalisation by 65%.
2013 was one of the worst years that business had experienced as there was no direction from the government, and business would not undertake capital improvement works that impacted on the economy. Now we are hearing the term sticker shock or frightening of the business and private Sectors before the budget release,that looks to be a massive impact on all of Australian operations.
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