this post was submitted on 30 May 2024
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The thing that stood out to me is the $12B in borrowing. Here's our budget, where we need to borrow an additional $12B and push out the return to surplus to way past when Labour's 2023 budget forecast it.
Also here is $15B in tax cuts. We are paying for it with cost cutting, the $12B in borrowing is for something else.
Exactly. The fact that they went ahead with these tax cuts shows they cannot be trusted to be 'fiscally responsible'