The primary reason, I'm sure, is divert attention away from these failures and the general unpopularity of the Abbott government federally and the election results in Victoria.
Is there, though, a serious case to make for the Australian government having a "budget crisis"? Many people deny this being accurate, people including Bill Shorten who has described it as a "myth" and "a manufactured crisis".
The numbers look terrible or fine, depending on the context in which you view them. Comparable with other developed nations we're in great shape, out debt-to-GDP ratio is only 20%, a magical sort of a figure to politicians in Europe and the US.
However, that debt as a figure is still $370 billion dollars, not exactly loose change. When you add state and local govt. debt it becomes something like $600+billion. There's a gaping deficit and seemingly no end in sight, with commodity prices being way down (iron ore is half the price it was this time last year and is a massive source of govt. revenue), China slowing somewhat risking demand for our exports, and lack of political chutzpah to address the issue properly.
I do get frustrated when I hear people dismiss the topic offhand due to comparable nations being worse off, why would that matter? I worry we're choosing to bury our head in the sand and call it an unfixable problem, and leave our kids to foot an un-payable bill.
Do we really have a serious issue or is it just smoke and mirrors?