It hasn’t taken long for the opposition to the budget to form ranks.

Opposition leader Bill Shorten lashed out at attempts by the government to rein in student loans, prescription drugs, family tax payments and the dole. In response Prime Minister Tony Abbott threatened a double-dissolution election if his budget is blocked.

The budget’s cut to funding schools and hospitals has forced the states to consider increasing the base rate of GST, to make up the shortfall, which will certainly affect the State Governments’ attempts at re-election.

4911026-3x2-940x627The Greens, meanwhile, fiercely oppose any the budget cuts and may still block the fuel excise increase. But Tony Abbott stands firm. In a game of brinkmanship he is holding the ace of a double-dissolution; which, he says, he is not afraid to play: “Good government means the government putting the budget to the Parliament and the Parliament dealing expeditiously with the measures and passing the measures.”

 

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It hasn’t taken long for the opposition to the budget to form ranks.

Opposition leader Bill Shorten lashed out at attempts by the government to rein in student loans, prescription drugs, family tax payments and the dole. In response Prime Minister Tony Abbott threatened a double-dissolution election if his budget is blocked.

The budget’s cut to funding schools and hospitals has forced the states to consider increasing the base rate of GST, to make up the shortfall, which will certainly affect the State Governments’ attempts at re-election.

4911026-3x2-940x627The Greens, meanwhile, fiercely oppose any the budget cuts and may still block the fuel excise increase. But Tony Abbott stands firm. In a game of brinkmanship he is holding the ace of a double-dissolution; which, he says, he is not afraid to play: “Good government means the government putting the budget to the Parliament and the Parliament dealing expeditiously with the measures and passing the measures.”

 

Top Shares by Volume
Con Bla Mi -50.00%
Prima 6.25%
Austin 0.00%

Top 3 Shares by Value
Cwlth Bank 0.38%
BHP BLT -0.10%
Westpac 0.82%

Top 3 Trades
Cwlth Bank 0.38%
ANZ Bank 0.15%
Westpac 0.82%

About The Author

Someone you can depend on to respect you and care for your dog. Let me help you give your dog the life it deserves.

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