Prime Minister Tony Abbott has welcomed the “useful” recommendations from the independent Murray review handed down at the weekend but won’t jump to any conclusions.
“We’re not going to rush something out before Christmas,” he told ABC radio.
“We’re going to carefully digest the report. We will follow the community debate, we’ll take people into our confidence and then we’ll make decisions.”
…Treasurer Joe Hockey will be undertaking further consultations before responding to the recommendations after March.
That’s fair enough, I guess, but rising capital cannot begin soon enough.