Labor poised to ditch big spending, taxing policy platform

Federal Labor's big spending education and health policies appear set for the chopping block as Opposition Leader Anthony Albanese warns his shadow cabinet that COVID-19 and its legacy will define politics for a generation.

Mr Albanese's six-page memo to MPs reminds them it will be "important to acknowledge the constrained fiscal situation that will likely confront an incoming Labor government".The economic consequences of the federal government's response to the coronavirus outbreak, including a $130 billion wage subsidy program, will trigger a likely budget deficit of about $60 billion this year and $100 billion the following year.

He says all policy proposals must reflect that the ALP is "looking forward not backwards" and take into account "the public reaction to potential conflict". Opposition treasury spokesman Jim Chalmers and shadow finance spokeswoman Katy Gallagher will lead the economic response, while climate change and energy spokesman Mark Butler and Industrial Relations spokesman Tony Burke will oversee policies relating to jobs and the security of work.

rharris334 Time to replace AlboMP. I'm sick of his far right, anti-Keynesian policies. auspol

rharris334 'Poised?. That means merely dressing it up as something else to con the gullible.

rharris334 And the wasting of money on 'green' energy reliance, that will cost more then it's worth.

rharris334 STOP big spending ...what a joke your broke ! Let's see Holden two billions and for what ? To keep GM afloat. Desalination plants cost each eight billion and have to be rebuilt every seven years due to salt erosion.

rharris334 Get you teeth fixed and than talk ...sound like CEO of QANTAS

rharris334 Elmar Fudd at it again

rharris334 How is this even relevant?

rharris334 AlboMP doesn’t have the je ne sais quoi to deliver something bold or visionary. Career pollies who’ve had it easy don’t reform ,they tweak . A working group without billshortenmp spearheading one is an omission. A labor party without social values at core.. is a Liberal party

rharris334 Hmm Nothing to do with the Byelection? Eden-Monaro, Before U vote, Remember Anthony Albanese Labor policy 2019 election

rharris334 I wonder if their love feat with the bribes and donations from Chinese businesses will ramp up?

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Source: SkyNewsAust - 🏆 7. / 78 Read more »