The Hon Chris Bowen MP - Federal Member for McMahon
Chinese economic developments; National Reform Summit; Joe Hockey’s day-by-day economic narrative; Tony Abbott’s plan for a GST increase; tax reform.Posted August 26, 2015.
FRAN KELLY: Shadow Treasurer Chris Bowen joins us now. Chris Bowen, welcome to Breakfast.
CHRIS BOWEN, SHADOW TREASURER: Good to be back with you Fran, Good morning.
KELLY: Before I come to the National Reform Summit, can I just ask you about China. The Chinese authorities overnight moved to stem the crisis in the share market, they cut interest rates again. The Treasurer Joe Hockey said over recent days that he remains upbeat about the outlook for the economy and the outlook in China, frankly. So too, business leaders like ANZ’s Mike Smith. Do you share that optimism about China?
BOWEN: Well I do think we need to keep the current events in perspective and we need to reassure the Australian people about that. So that extent...Read complete article »