The Labor government has made a virtue of moderation in its first year but there are warning signs voters will want more than just balance in the longer term
Last week’s balanced budget is an emphatic punctuation point for the first year of the Albanese Labor government. The issue is whether it’s an exclamation mark or a question mark.
According to this week’s Essential Report, this argument has merit, with voters responding to the government’s core message that it was prioritising support for the most vulnerable. And he has had to deal with the compromises he made to secure power, not least the decision to leave tax concession to the wealthy untouched while waving through a flattening of the progressive tax base that will disproportionately favour the very rich.
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