Instead of talking down the strong economy and bottomline inherited from the Coalition, the treasurer needs to hold his nerve against the Labor left and focus on bringing the budget to balance, writes shadow treasurer Angus Taylor.
For decades, governments and citizens across the western world have been taught to think every problem thrown at them can be solved with a big splash of cash.
Despite entrenched inflation across our services sector, Labor continues to argue inflation is only the fault of Vladimir Putin. The truth is inflation is coming from Canberra. Government policy will determine the path of inflation as much as the Reserve Bank’s deployment of monetary policy. The best way to help someone on welfare is to support them to work. The ABS currently records 438,500 job vacancies against 508,500 unemployed people – just over one vacancy for every unemployed Australian.
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