Federal Treasurer Scott Morrison says inequality in Australia is falling, and accuses Labor of pursuing a dishonest campaign based on the "politics of envy". Morrison claims Opposition Leader Bill Shorten's statement that inequality has reached a 75-year high is a "lie".
Treasurer Scott Morrison
It is just as well we are so alert these days to “fake news”, otherwise some might actually believe media claims the federal government has delivered a “left-leaning” budget.
Federal Treasurer Scott Morrison pulled out a lump of coal in parliament on February 9 and launched a rant in which he accused the opposition of “coal-o-phobia” and regurgitated PM Malcolm Turnbull's outrageous National Press Club speech urging more coal-fired power stations be built.
Morrison went wild while behind him other Liberals and Nationals joined in a pantomime by passing the lump of coal to each other.
In the recent controversy over the proposed sale of key NSW state-owned electricity company Ausgrid to Chinese bidders, the primary issue seems to have been lost: a vital public asset such as Ausgrid should not be privatised in the first place, whoever the potential buyers might be.
A storm broke out over the planned sale of Ausgrid by the state government to either of two Chinese corporations: the government-owned State Grid Corporation of China; or the privately-owned Hong Kong-listed Cheung Kong Infrastructure Group (CKI), controlled by billionaire Li Ka-shing.
In Treasurer Scott Morrison's budget speech he promised to "ensure the government lives within its means" and warned "this is not a time to be splashing money around".
Shortly afterwards, he hosted an invitation-only party, which cost taxpayers $11,625 for food and drinks. This is more than even Joe Hockey spent on post-budget parties.
In all, the Treasurer spent $4620 on a selection of hot and cold canapes, $5445 on alcohol, and $560 for eight wait staff to cater the 90-minute function for 100 people.
Scott Morrison and Malcolm Turnbull have delivered a budget for the billionaires. They claim that opposition to their tax cuts for the rich is “class warfare”. But the truth is that they are the ones waging naked war against the ordinary people of Australia.
People earning less than $80,000 — the large majority — get absolutely nothing from this budget. The top 10% of taxpayers get three quarters of the benefits while the top 1% get almost half (47%) of the tax cuts.
The 2016-2017 budget aims to get the federal Coalition over the line on July 2, the expected double disillusion election date. Treasurer Scott Morrison's budget speech was a far cry from the last two “gloom and doom” budgets from Joe Hockey. But it contained significant cuts to essential services, health and education.
Climate change didn't rate a mention. But the government confirmed its previously announced cut to the Australian Renewable Energy Agency (ARENA) which funds clean energy innovation.
Remember the discussion the Coalition government was going to have with us about tax? You know, the one where “everything was on the table”?
Well, the metaphorical table, which started off as an enormous boardroom centrepiece carved from oak is now looking more like a tatty old cardtable with a wonky leg, as more and more items are dropped.
Even Treasurer Scott Morrison's near-daily mantra of "We have a spending problem, not a revenue problem" is apparently not resonating with most Australians.
Remember last year when federal Treasurer Scott Morrison, picking up where Joe Hockey left off, declared that we had a spending problem not a revenue problem? That seems like a long time ago now.
They did try to increase revenues by floating an increase in the GST but soon after came the revelation that 600 of Australia's biggest companies paid no tax and hundreds more pay less that the 30% they could be paying. This is all the more galling when you consider that the rate has been cut from the 48% it had been in the early 1980s. And then came the Panama Papers!