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On the back of the biggest rise in inflation since the introduction of GST, the Labor party unveiled their economic plan should they win this year’s election.
With gross debt on track to reach $1.2 trillion by 2026, Labor plans to save money by taxing large multinational companies, raising $1.9 billion and saving $3 billion by cutting expenditure on consultants and labour hire companies.
Today on Please Explain, senior economics correspondent Shane Wright joins Nathanael Cooper to discuss Labor's economic plan. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information. |
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