The Coalition and Labor are framing the budget with talk of the need for “budget repair”. John Quiggin says this is “a euphemism for cuts or austerity” and that alternative measures are needed.
superannuation tax concessions for rich
If you suspect that neoliberal capitalist governments, including the Australian government, act as kleptocracies for the richest 1% and the large corporations, you have good reason to. Whether you look at their tax system, the various privatisation or part-privatisation schemes they are forcing on the public, the “user-pays” drives or the publicly subsidised private insurance scams, you can see how the public is being forced to subsidise the profits of powerful corporations and the super-rich.