Australia

Federal Budget 2017: ‘Tax-and-spend’ agenda ‘beggars belief’

CONSERVATIVES have reacted with fury to Malcolm Turnbull’s Federal Budget, accusing him of turning his back on Coalition principles.His tax-and-spend agenda has been dubbed “Labor-lite” by some commentators, with its $6 billion bank levy and Gonski 2.0 funding package coming in for particular criticism from the right-wing side of politics. It is also being widely seen as Mr Turnbull’s attempt to press the political reset button, killing off the ghosts of the Abbott-Hockey disaster budget of 2014.

Source: Federal Budget 2017: ‘Tax-and-spend’ agenda ‘beggars belief’

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