The Government’s plan to increase stimulus income limits will be a major issue in the 2020 election, with a recent poll showing it would benefit Labor by about 1 per cent of the vote.
The question of how much stimulus the Government should be providing to households and businesses will be the focus of the next election.
It has previously said it would increase stimulus limits if the economy deteriorated.
But Labor has previously promised to cap the stimulus limits to the average of the previous three years and that the Government needs to show it has a plan to rein in the unemployment rate and the deficit.
“I’ve been asking people, ‘Why does the Government want to increase the stimulus limit?’
It’s not that they’re desperate,” Mr Newman said.
A recent Newspoll shows that a majority of Australians want to keep the stimulus income cap, but only 46 per cent believe it should be higher than the level of the current budget. “
They’re not thinking about the long-term cost of their policies.”
A recent Newspoll shows that a majority of Australians want to keep the stimulus income cap, but only 46 per cent believe it should be higher than the level of the current budget.
The Government has promised to increase this limit if unemployment rises to 25 per cent or more, and it has said it is considering changes to the tax system to allow businesses to deduct some of their costs from their tax bills.
Labor says it would be wrong to increase taxes for the rich and corporations, because this will make them richer.
“The Government is not doing a good job of raising taxes on the rich,” Mr Morrison said.
He said the Government was “not going to make a big deal out of it”. “
When we’ve got that money in the pockets, we have more money to spend on education and health, to do a lot of things that help people in need.”
He said the Government was “not going to make a big deal out of it”.
Mr Newman said he would not be taking a position on the tax changes proposed by the Coalition.
“There are no tax changes coming to the next federal election,” he said.
Mr Morrison’s statement came after a recent Newspolls poll showed Labor would benefit from higher stimulus income.
The Coalition has also been in the news for announcing it would reduce the amount of stimulus that was allowed into households and business to zero.
The Budget has also increased the amount people can be paid for health and education.
The changes will take effect in April 2020.
Mr Newman was also asked about the prospect of the Federal Government reducing the amount that the Federal Opposition was allowed to spend.
“We’ve had a discussion about it,” he replied.
“If we’re going to cut spending, I would say cut the amount the Opposition can spend.
That’s my position.”
Mr Morrison said he believed the Government could find a way to fund the future of Australia’s ageing population.
“You can have more people with better jobs, better skills, better education, better health and a better future, and you can also have a lot less money for the elderly,” he told the ABC.
Topics:government-and-politics,economic-trends,economy-and_finance,jobs,government-week,government—politics,government–in-charge,australiaFirst posted October 16, 2019 19:30:24Contact Lisa WoosleyMore stories from New South Wales