Angus Taylor could not have asked for a better budget. It was a target-rich environment; death taxes by stealth, drastic changes to capital gains taxation and negative gearing – and those were only the headlines.Next, the budget’s rubbery assumptions; inflation vastly underestimated, growth far too optimistic, and expenditure cuts that will never be delivered. A public service cost that is expected to grow by almost $20 billion.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Liberals couldn’t have hoped for a better budget. But is it too late?
Just as One Nation was the political beneficiary of the Bondi massacre, so it is also likely to be the beneficiary of Labor’s tax changes.
88 words~1 min read
