BUDGET 2013: How Abbott will tear up the blueprint

Line by line, the Opposition is deciding which measures in this year’s and previous budgets will be unwound.

The 2013-14 budget is a rare event. The two people who framed the budget, Treasurer Wayne Swan and Treasury Secretary Martin Parkinson, are most unlikely to be involved in its implementation. So it is of limited value spending too much time on their future guesses, given they have been so wrong in the past.

Accordingly this commentary will be about what the Coalition is likely to do and then, separately, I will set out my future predictions based on a different approach to budgetary forecasts. 

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