In short:
The Coalition's budget bottom line would be $7.9 billion worse off than Labor's in the first two years of a Dutton government, and $21.8 billion better off in the following two years.
Most of the budget improvement comes from a $17.2 billion public service cut, and a $3.6 billion vaping tax, but migration cuts will cost the budget $4.2 billion and nuclear power will have an eventual $118 billion "off-budget" cost.
What's next?
The Coalition has not offered a timeline for a return to surplus, but Angus Taylor says it would be achieved "faster than Labor".
Breaking: Coalition costings reveal worse budget for first two years under Dutton compared to Labor
Submitted 4 weeks ago by MHLoppy@fedia.io to australianpolitics@aussie.zone
gila@lemm.ee 4 weeks ago
Besides the obvious massive cost of the nuclear plan (which would certainly blow out to much more than anticipated) I feel this actually is a pretty good look for LNP. Dangles a carrot in the form of a cost of living payment, uses Labor’s clearest policy failure to its advantage (vaping reform) to the degree that Chalmers responds by directly comparing apples to oranges; relying on vibes (return to surplus “faster than Labor”) will probably work well for them.
God help us.
hitmyspot@aussie.zone 4 weeks ago
I don’t know. They are behind and losing out to teals. Ow they are against tax cuts and labour look like they will manage the budget better. It’s a bad look for them. All they have left is racism and one nation will outflank them on that.