It's the economy, stupid. Bill Clinton's famous 1992 campaign theme is political lore now: we value all sorts of things a government can influence, but what truly informs our vote is how well off we think we will be. Just ask the Australians who elected Scott Morrison.

So what does that mean for a "Wellbeing Budget"? Is it even possible to broaden the goals of financial planning beyond ledgers of income and expenditure?

Of course it is. But it ain't easy. Responses to the Budget this week have focused almost entirely on how much money will be spent on