“Over the short-term, it’s quite clear that these are modest tax changes and that Labor are ahead in terms of what they offer,” said Australian National University associate professor Ben Phillips.
The increase in disposable income has a mean value of $1,039 for households in the middle quintile under Labor compared to $541 under the Coalition in 2019-20, according to the ANU Centre for Social Research and Methods.
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David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
