For a long time no one has wanted to pull any levers, leaving a huge reform deficit that the Albanese government seems no more keen to tackle than its Coalition predecessors.
the 40 million Australians forecast to live here in 40 years’ time will be richer and live for longer in good health, all the benefits to be expected from an open society operating under the rule of law and a mostly incentive-driven developed economy.
And here is the most unsustainable part of the “incremental” response foreshadowed by Anthony Albanese and Jim Chalmers this week. Without more urgent and fundamental reform, more of the increased fiscal burden will be thrown onto the earnings of those fewer workers. Yet Labor describes reform of the tax mix to put less burden on income and more on GST as some sort of old agenda. Nor is it progressing road user charges to replace petrol excise, which will vanish.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The intergenerational report says climate is a ‘profound’ risk to Australia. But the full picture may be even worseThe IGR released by treasurer Jim Chalmers excludes drought, heatwaves and the Great Barrier Reef
Read more »
Albanese to announce Voice referendum date in SAAnthony Albanese will reportedly announce the date of the Voice to Parliament referendum in the must-win state of South Australia next week.
Read more »
Anthony Albanese’s outhouse blows overThe PM is now using his son as a human shield to thwart legitimate questions about his own conduct.
Read more »
Why Albanese’s housing solution will help, but only a bitThe PM’s national cabinet housing agreement should boost supply. Now it’s over to the premiers to make it work.
Read more »
Why Albanese’s housing solution will help, but only a bitThe PM’s national cabinet housing agreement should boost supply. Now it’s over to the premiers to make it work.
Read more »
Why Albanese’s housing solution will help, but only a bitThe PM’s national cabinet housing agreement should boost supply. Now it’s over to the premiers to make it work.
Read more »