Scott Morrison prepares for election fight on economy, vows to pursue lower taxes

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Scott Morrison prepares for election fight on economy, vows to pursue lower taxes
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The Prime Minister also warned economic recovery could not be taken for granted, amid forecasts of an improvement in the budget to be revealed later this week. auspol AustraliaVotes

Prime Minister Scott Morrison has vowed to pursue lower taxes as one of his fundamental goals in the recovery from the pandemic, preparing for an election fight on the economy by warning against “busy-body” intervention by a Labor government.

The government is expected to gain more fiscal room to announce personal tax cuts before the federal election when the mid-year budget update is released this Thursday, with Deloitte Access Economics forecasting a $103 billion improvement in deficits over four years. “This is a government whose focus is always just on the electoral. They don’t have a focus on the economic needs. There’s no big economic reform that they’ve put forward.”

“Where government delivers the essential services that Australians rely on, while also keeping their tax burden down as much as possible.Mr Morrison acknowledged the government did not get everything right in the pandemic but did not admit to specific mistakes, saying the government had spent $33 billion more on health and saved 40,000 lives – a claim based on applying death rates seen overseas to the Australian population.

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