7am
The pitches from budget critics: How do they stack up?
May 15, 2024
Guest Paul Bongiorno discusses the budget battle lines: Labor's spending vs. critics' plans. They explore easing cost of living, government debt, and competing proposals. Analysis of inflation impact, tax cuts, and relief measures. Speculations on election implications and upcoming news updates.
16:07
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Quick takeaways
- Critics question government's budget spending impact on inflation vs. previous calls for more household support.
- Divergent perspectives on means testing and long-term electrification proposals to address cost-of-living challenges.
Deep dives
Early Criticisms of the Budget
Following the release of the budget, Shadow Treasurer Angus Taylor critiqued the government's spending, claiming it would worsen inflation due to a significant increase in spending compared to economic growth. However, Taylor found himself in an uncomfortable position as he had previously suggested that the government was not spending enough to support households. His remarks reflected a struggle within the coalition to present a unified front and articulate a clear policy direction.
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