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Greens respond to poor Mid-Year Economic and Fiscal Outlook report card

Media Release
Richard Di Natale 19 Dec 2016

The Mid-Year Economic and Fiscal Outlook released today highlights the Turnbull Government’s dead-end plan to balance the budget on the backs of the most vulnerable Australians, Leader of the Australian Greens Dr Richard Di Natale said.

​“There is one message in this MYEFO for everyday Australians: unless you’re a big corporation or Liberal Party donor, you don’t matter.”

“Malcolm Turnbull’s plan to hand out tax cuts to the wealthiest Australians while wage growth remains stagnant is a slap in the face to ordinary Australians doing it tough.” 

“There is nothing in the Turnbull government’s economic program that addresses the major risks to the economy from the housing bubble or that eases the growing gap between the rich and everyone else.” 

“The time has come to stop pretending that we can fix the structural problems in the economy without generating additional revenue. Trickle-down economics does not work.”

“The coalition has been in government for three years but somehow the economy is the fault of the opposition and crossbench.”

“The Greens have a plan to address the structural problems with the economy. We have policies that will generate revenue while addressing inequality. We have a plan that will generate $81 billion dollars in savings over the forward estimates, and the Government needs to talk to us about legislating them if they’re serious.”
 

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