Article 69F85 Labor hits back at Coalition attacks on super changes – as it happened

Labor hits back at Coalition attacks on super changes – as it happened

by
Royce Kurmelovs
from World news | The Guardian on (#69F85)

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Coalition will return fiscal discipline' to economy: Taylor

Taylor then outlines the Coalition's basic pitch ahead of the next election: everything stays the same - and more austerity.

The first thing we will do when we get back into government is to re-establish the fiscal guard rails and the discipline that comes with it for ministers, bureaucrats and everybody. That is how you do this. Tax won't be the focus. It will be making sure the economy grows faster than ever.

When it comes to tax, you describe all of the tax concessions as a hit list. Does that mean you think the system is perfect, nothing should ever be touched on tax?

No, we think the stage-three cuts need to go in place.

Is there any tax concession you would not touch?

Well, David, you asked about the fiscal guard rails. The key to this is to have budget balance as an objective in the budget. Labor has taken that out of the budget. As I said to you last time I was on this program, you need to make sure the economy grows faster than your spending. Now, Labor has taken these objective ace way. So they have lost all discipline.

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