by Alan Thornhill
Tony Abbott signalled today that a Coalition government would target the public service, Federal spending and taxes.
The Opposition Leader was addressing the Committee for the Economic Development of Australia in Canberra.
“There are 20,000 more public servants on the Commonwealth payroll now than there were at the end of 2007,” Mr Abbott said.
“And I don’t think anyone would say that the quality of Commonwealth Government has improved that much over the last five years, he added.
“Government has to live within its means as families and businesses do,” the Opposition Leader said.
“And we are determined that under the next Coalition government that is exactly what the Australian government will do. “
He said a Coalition government would go through the Federal budget “line by line” to see where savings could be made.
Mr Abbott then turned to taxes.
We must get taxes down,” he said.
“ The mining tax has to go because it is a tax on success.
“It is a tax on Australia’s most successful sector.
“The carbon tax will go.
“It will be the first order of business for an incoming Coalition government to get rid of this bad tax based on a lie,” Mr Abbott said.
Alan Thornhill is a parliamentary press gallery journalist.
Private Briefing is updated daily with Australian personal finance news, analysis, and commentary.
Thursday December 5
The Dow Jones index fell 24.85 points to 15,889.80
The Federal government and the Greens have reached a deal, under which the cap on Commonwealth debt will be abolished
Qantas warns of another 1,000 job cuts, over the coming year
East Timor’s prime minister says he is shocked by the Australian Government’s decision to authorise raids on a lawyer and whistleblower who were set to provide evidence against Australia in The Hague.
|Aud To Usd||0.9039||N/A||N/A|
|Bhp Blt Fpo||36.780||-0.020||-0.05%|
|Rio Tinto Fpo||66.000||-0.290||-0.44%|
|Nat. Bank Fpo||33.660||-0.720||-2.09%|
|Qbe Insur. Fpo||15.450||-0.280||-1.78%|
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