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The budget and the election


Its interesting to see the reaction of different people to the budget presented by Federal Treasurer Peter Costello on Tuesday night.

While the tax breaks are always welcome, and so are all those bonuses to carers and older people and also the child care benefits - these go a long way in helping those who receive them.

What I find interesting though is that these one-off bonuses tend to come in election year. In the 2004 budget, a new maternity payment was introduced and now known as baby bonus.

I am wondering whether Costello has done enough to win the election later this year but should his party win then in three year's time we should expect even more one-off bonuses - I just don't know what shape or form they will take.

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