Finance Minister Mathias Cormann has wasted no time in warning Australians Bill Shorten's election pitch shows it has "no plan to keep our economy strong".
"Labor still haven't learned that a strong economy is central to everything," he told reporters in Parliament House tonight
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He said all Labor had to offer was $200 billion in higher taxes on retirees, housing, income, investments, small and family business and electricity.
"That would harm the economy, put jobs at risk and hurt families. The truth is Labor does not know how to manage money. That is why they are coming after yours," he said.
"We have finally turned the corner. We are back on track and back in the black. We are about delivering a surplus in 2019-20. This is not the time to go back. This is not the time to go back to the discredited Labor ways of the past. Australia cannot afford Labor."