A big part of the Morrison government’s pitch about being better at economic management than Labor is its claim pandemic spending was “targeted and temporary”. | OPINION by Ross Gittins
A big part of the Morrison government’s pitch about being better at economic management than Labor is its claim to have ensured all the massive increase in unfunded government spending during the years of pandemic lockdowns was “targeted and temporary”. Well, not really.
So, what’s happened? I think I know. All the spending programs specifically labelled as part of the effort to hold the economy together during the lockdowns – JobKeeper, the JobSeeker supplement and all the rest – have indeed been wound up as promised. Your personal budget benefits only indirectly, if all at, from our booming exports. But it will bear the full effect of higher import prices.
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