This research essay will evaluate and judge certain parts of the 2003-2004 budget put forward by Treasurer Peter Costello and the Howard Government on Tuesday the 13th of May. It is my opinion that the budget has not been equitable in some areas of fund distribution. The budget will be assessed on the three following criteria.

• The First Criterion: Is the budget equitable to all the areas of our economy?

• The Second Criteria: Is the budget equitable to the majority of Australian Citizens?

• The Third Criteria: Does the Government Address the Problems of Medicare and Higher Education?

The First Criterion: Is the budget equitable to all the areas of our economy?

Any budget bought forward by the government will need to be particularly scrutinized for its equity. The budget plays such a vital role in the Australian economy that we cannot allow wastrel spending on issues of minimal...