Editor's note

As you read this, The Conversation’s budget team is on its way to Canberra.

Led by our business + economy editor Jenni Henderson, six staff will join chief political correspondent Michelle Grattan, economist Richard Holden, and veteran political commentator Tony Walker to make sense of the budget for you.

Our promise is to read the fine print and look beyond “what’s in it for me” to explain what the budget measures mean for Australia. Today we start with an in-depth analysis of the spending of Australia’s past five governments, a rare historical view that helps explain how we got to where we are.

Later tonight we’ll bring you a special budget newsletter with analysis from the lockup team, along with insights from academic experts across the education, environment, health, housing and infrastructure sectors.

Victoria University’s Tom Clark (@tomatoperegrino), Macquarie University linguist Annabelle Lukin (@annabellelukin), and Grattan Institute policy expert Danielle Wood (@danielleiwood) will be keeping Treasurer Scott Morrison honest, live tweeting responses to his speech for The Conversation from 7.30pm. Follow the hashtag #Budgetspeech.

And economist Richard Holden (@ProfHolden) will be on Facebook Live  from 8.30pm to sum up the view from the lockup and answer your questions.

At a time when the media sector faces a business model crisis, we’re thankful to both the university sector and our reader supporters for helping us fund quality journalism.

Charis Palmer

Deputy Editor

Top story

With the 2017 Federal Budget release fast approaching, take a look back at the spending patterns of previous Australian governments. Lukas Coch/Alan Porritt/Dean Lewins/AAP

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Total government spending has increased over time. But the pressure on the budget under a Turnbull government is more acute now than ever before, because spending is outpacing revenue.

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