Flood waters in Victorian border towns reach record levels as Lismore braces for evacuations; Tuesday’s budget touted as ‘family friendly’
Lismore residents warned of major flooding as heavy rain falls along the east coastGet our morning and afternoon news emails, free app or daily news podcast
Shadow Treasure Angus Taylor is on ABC Insiders this morning to talk about the upcoming budget.
The first question is: do you accept the budget is in structural deficit?
The starting point, David, of course, is that we have a very strong economy and actually a surprisingly strong Budget right now. We’ve seen a dramatic improvement in the Budget situation just over recent months and indeed $50 billion turnaround in the last financial year.
What is needed now is a responsible Budget and a recognition that economic growth over the medium term has to be stronger than spending growth.
That’s why the tax cuts remain extremely important. You don’t want to see bracket creep eating up people’s income pay pact.
Continue reading…Flood waters in Victorian border towns reach record levels as Lismore braces for evacuations; Tuesday’s budget touted as ‘family friendly’Lismore residents warned of major flooding as heavy rain falls along the east coastGet our morning and afternoon news emails, free app or daily news podcastShadow Treasure Angus Taylor is on ABC Insiders this morning to talk about the upcoming budget.The first question is: do you accept the budget is in structural deficit?The starting point, David, of course, is that we have a very strong economy and actually a surprisingly strong Budget right now. We’ve seen a dramatic improvement in the Budget situation just over recent months and indeed $50 billion turnaround in the last financial year.What is needed now is a responsible Budget and a recognition that economic growth over the medium term has to be stronger than spending growth.That’s why the tax cuts remain extremely important. You don’t want to see bracket creep eating up people’s income pay pact. Continue reading…