The Coalition would shrink government and rein in spending but opposition finance spokeswoman Jane Hume has conceded that realising tens of billions in savings by scrapping the Housing Australia Future Fund and the National Reconstruction Fund would carry political and sovereign risks.
Opposition Leader Peter Dutton used his first major appearance of the year on Sunday to criticise the Albanese government for hiring 36,000 extra public servants during its term and subsidising what he described as risky projects in green hydrogen and quantum computing.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
