The Hon Chris Bowen MP - Federal Member for McMahon
What's Happening Posted October 01, 2015.
Treasurer Scott Morrison, like Joe Hockey, just doesn’t get it.
As Tony Abbott continues to point out, Scott Morrison and Joe Hockey are singing from the same song sheet.
For years Joe Hockey would say: Australia does not have a revenue problem, it has a spending problem.
Scott Morrison parrots the same tired old lines.
Today, the IMF has added its voice to the growing chorus of economists and experts who are arguing that sustainable Budget reform must be about looking at both expenditure and revenue:
“The reform package will likely need to yield a net revenue gain over time. While expenditure reduction can and should play a role in reducing the fiscal deficit, there may be limited scope for this avenue since , and...Read complete article »