Opposition backbenchers are putting pressure on Peter Dutton to live up to his repeated claim that the Coalition is now the party of the working classes.
The Coalition has accused Jim Chalmers of trying to stack a part of the Reserve Bank that will set official interest rates,putting at risk key RBA reforms.
The Albanese government should be well satisfied by the Dunkley byelection result. Election analyst Antony Green has calculated that the average swing against governments in byelections since Federation has been about 3.5 per cent. The Dunkley swing of 3.8 per cent is about average and is no vindication of Peter Dutton’s campaign strategy.
Peter Dutton and Angus Taylor have made a series of strong claims attacking Labor’s economic record,and it’s getting louder in the lead-up to the Dunkley byelection.
The Coalition is working on a tax reform plan to take to the next election that will encourage more small-business investment and help drive productivity.
Surely if the Liberal Party is being fair dinkum about cost-of-living pressures then Dutton and Taylor should be calling for the stage three tax cuts to be dropped. If they remain mute,they bear the responsibility for any cost of living and inflationary pressures that occur.
Cabinet is meeting to discuss whether to change the controversial tax cuts as part of a cost-of-living package.
Borrowing costs will overtake the NDIS as the fastest-growing area of federal government spending this financial year.
Australians hold trillions in superannuation and bank savings accounts. The federal government is looking at ways for that cash to go into housing and net zero technologies.
One-off factors and a tight jobs market have pushed annual wages growth to 4 per cent. But experts believe this may be as good as it gets for most Australians.
The shadow treasurer has told a global conservative movement to focus on aspiration and prosperity to heal polarisation.