Have you Ever Wondered how the Australian government spends money?

Have you Ever Wondered how the Australian federal government spends its money? Or what would happen if the government didn’t collect taxes? Join Matt Crocker, a Deakin University expert, as he explores the key economic systems behind government spending, taxation, and financial decision-making in Australia. Learn more: https://www.deakin.edu.au/study-research-and-career-stories/research/where-does-the-federal-governments-money-come-from About Matt Crocker Matt Crocker is an economist at Deakin University, specialising in public finance and economic policy. His work focuses on government budgets, taxation systems and the broader economic forces that influence how public money is raised and allocated. Chapters; 0:37 Where does the Australian Federal Government’s money actually come from? 1:12 What is the difference between money and currency? 3:08 if the government stopped collecting taxes for a year, what would happen? 4:23 Is it true that governments just print more money whenever they want? 5:03 When the government borrows money, where does it come from? 6:04 What does it mean when a country goes bankrupt? 7:05 Why is it important to understand how the government spends money in Australia?