Cutting tax concessions a fairer path to surplus (members)

Sunday 27 July 2014

Ross Gittins has posted a well-argued article today arguing that the Coalition’s Budget repair job was ill-targeted and should have sought to cut Australia’s myriad of tax concessions, rather than targeting important social programs:

Joe Hockey and Tony Abbott are perfectly right in saying we need to get the budget back into surplus, we need to make a start now and that this will inevitably involve unpopular measures.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.