Opinion
The big clean out after a decade of spending
The budget paints a grim picture of the economy in the 12 months ahead as it will be experienced by most households, with less certainty about job prospects, big increases in energy costs, and inflation.
Laura TingleColumnistLabor Treasurers have always come into office feeling they have to do a lot more to prove their fiscal credentials than the Coalition.
It’s just the reality of dealing with entrenched perceptions in the electorate that Labor is not as good at dealing with money as the conservatives, irrespective of the fact that, since the Hawke era, it has been Labor governments that have made the biggest discretionary cuts in spending.
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