Tag Archives: Budget 2019

Election 2019: follies 1

The Grattan Institute found that providing tax cuts in the never-never while reducing government expenditure from 24.9% of GDP in 2018-19 to 23.6% during the next decade will necessitate cutting existing programs by more than A$40 billion a year in 2029-30. That should have been the story of the week, but somehow it wasn’t.

That’s Scott Morrison saying the claim is “absolute complete rubbish”. I’ll come back to that. Worse was to come. By the end of the week Bill Shorten was accusing the Liberal Party of running a “low-rent, American-style fake news” campaign on a “ridiculous death tax scare”. Continue reading Election 2019: follies 1

Weekly salon 14/4: election edition

1. Tax scare campaign

In its first major scare campaign of the 2019 election the Coalition is claiming that Labor will impose ‘$387 bn of new taxes on your income, your house, your savings’ over the next 10 years.

This is really quite simple. Continue reading Weekly salon 14/4: election edition