In The Australian today:
"Talk about chutzpah. On Tuesday, Treasury and Finance release the Pre-election Economic and Fiscal Outlook showing a cumulative deficit from 2008-09 to 2015-16 of $250 billion; but Kevin Rudd calls it "D Day" for the Coalition, as if it was Tony Abbott who had some explaining to do."
12 Aug2013
Will we get a credible forecast?
In The Australian today:
"Kevin Rudd has at last stopped the boats: the boats that export coal from Australia."
"Kevin Rudd has at last stopped the boats: the boats that export coal from Australia."
10 Aug2013
Pledges we cannot stick to
In The Australian today:
"Labor's policy decisions since 2007 increased commonwealth revenues across the 10 years to 2016-17 by $78 billion. At the same time, however, they increased spending by $138bn."
"Labor's policy decisions since 2007 increased commonwealth revenues across the 10 years to 2016-17 by $78 billion. At the same time, however, they increased spending by $138bn."
08 Aug2013
With Kevin's help, we can kiss AAA goodbye
From today's The Australian:
"Queensland lost its AAA rating by re-electing an incompetent government that wouldn't control public spending. Now "Kevin from Queensland" is here to help repeat that outcome nationally."
"Queensland lost its AAA rating by re-electing an incompetent government that wouldn't control public spending. Now "Kevin from Queensland" is here to help repeat that outcome nationally."
05 Aug2013
The rubbery figures keep coming
In The Australian today:
"First they needed a deficit to spread the boom. Now they need a deficit to spread the bust. If General Macarthur were running Treasury, he'd declare failure as the "Keating Line" had been breached: in real terms, commonwealth net debt is back to where it was in 1996, and climbing."
"First they needed a deficit to spread the boom. Now they need a deficit to spread the bust. If General Macarthur were running Treasury, he'd declare failure as the "Keating Line" had been breached: in real terms, commonwealth net debt is back to where it was in 1996, and climbing."
03 Aug2013
The $250bn cost of Kevin Rudd: a tale of waste and spending
In The Australian today (with Judith Sloan):
"The era of Kevin, interrupted by the Julia interlude, has been a roller-coaster ride. Having promised Howard-lite and fiscal conservatism, the excuse of the global financial crisis unleashed a period of rapid growth in government spending, successive budget deficits and mounting public debt under Kevin Rudd's guidance."
"The era of Kevin, interrupted by the Julia interlude, has been a roller-coaster ride. Having promised Howard-lite and fiscal conservatism, the excuse of the global financial crisis unleashed a period of rapid growth in government spending, successive budget deficits and mounting public debt under Kevin Rudd's guidance."