Opinion
The numbers are pointing in the right direction for Labor
Tax cuts, falling inflation, higher wages and interest rates cuts are set to favour Labor leading into what could be an early election.
Phillip CooreyPolitical editorOne of the most audacious examples of policy theft in living memory occurred at the beginning of the 2007 election campaign when Labor pinched John Howard’s tax cuts.
With the polls predicting certain defeat for the 11-year-old Coalition government, Howard and his treasurer Peter Costello came out hard on day one by promising tax cuts worth $34 billion over the following three years.
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