The Hon Chris Bowen MP - Federal Member for McMahon
What's Happening Posted December 15, 2014.
Today’s Budget update is a clear indication that the Abbott Government’s first Budget continues to inflict significant damage on the Australian economy.
The Abbott Government was elected promising to improve the Budget. They promised it would get better – instead it has become so much worse.
Under the Abbott Government:
Unemployment has risen to its highest level in 12 years at 6.3 per cent today, and is expected to now rise to 6.5 per cent by the middle of next year, while youth unemployment is at 14.5 per cent;
Families will be $6,000 worse off a year, pensioners will be worse off and students will be forced to pay $100,000 for a university degree;
Australians will have to pay a new GP tax every time...Read complete article »