Labor to deliver mini-budget by September if it wins the federal election l ErykBagshaw
Labor will deliver a mini-budget by September if it wins the federal election, arguing Tuesday's budget will be a "highly political document" and a campaign launch for the Liberal Party.
"If we win, we will have an economic statement in the third quarter of the year," Mr Bowen told the ABC."We need to reset the economic settings. We need to update the forecasts with the new government in place, and then, of course, we would return to the normal budget cycle of budgets in May from 2020 onwards.
"The housing market will move around for a whole range of issues," he said. "[Treasurer] Josh Frydenberg warns of falling house prices under the Labor Party. But he seems to think that dramatically falling house prices under him are okay." He also reaffirmed Labor's position to review the rate of unemployment benefits on Newstart with a view to raising it.
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