Shadow Treasurer Chris Bowen today said the new Coalition leadership “looks like a new GST on everything, more cuts, the deficit getting worse, debt getting worse, economic growth getting worse.”
“The truth is Scott Morrison is Joe Hockey in sheep’s clothing.” said Mr Bowen.
The Shadow Treasurer also said Malcolm Turnbull and Scott Morrison softening up Australians for yet another round of Liberal cuts in tomorrow’s MYEFO, similar to the cuts they supported in the 2014 and 2015 Budgets.
“The Abbott-Turnbull Government promised to turbocharge the economy – since then we’ve had an economy at below-trend growth.” commented Mr. Bowen.
“Australia faces the very real prospect in tomorrow’s MYEFO of yet another downgrade in the projections for economic growth.”
The Abbott-TurnbullGovernment has added $6.5 billion in new spending in the seven months since the last Budget. The Treasurer has pledged to fully offset this spending with matching cuts.