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It is now nearly 20 years since Australia introduced a prominent piece of legislation known as the Charter of Budget Honesty Act (1998) to improve the transparency and the discipline of its budget process. This article examines the success of the charter, as well as its limitations, in the context of Australian budget process, including an analysis of its most pertinent components, so as to then reflect more broadly on the impact of budget honesty mechanisms for parliaments with a similar structure and history, including Canada.
