Shorten shines on campaign trail

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Give that man a cigar, at News:

Speaking with news.com.au on his campaign bus in Perth, Mr Shorten said having rich parents had become almost the most important factor in deciding which Aussies succeeded.

“Having rich parents is always useful; it’ll never go out of fashion. But, we can’t create a stratified society where having rich parents is the only way you get ahead,” he said.

The federal Labor leader said since the 2008 financial crisis, growing inequality had become a “real threat” to young Australians.

“The last few years, since the GFC (global financial crisis), what happened is nations around the world printed more money. Income became worth less and property — fixed assets — became worth more,” he said.

“If you had a lot of property, you’ve done all right since then. If you don’t have a lot of property and you rely on weekly income, you’re going backwards.”

…“We’ve got to be a more mobile society. Quality of education shouldn’t depend on your postcode, the quality of your healthcare shouldn’t matter because of your credit card,” he said.

“I don’t want to live in that country.”

…Mr Shorten said his proposal to reverse penalty rate cuts would “start giving people a better deal”. He plans to reverse the Fair Work Commission’s decision to reduce the penalty rates in awards for industries, including retail, hospitality and fast food — and also to prevent further cuts to penalty rates.

…Mr Shorten told news.com.au he wanted to “end all the argy-bargy about climate change and energy and put forward policies which lower power bills but also tackle climate change”.

“We’ve got to move to 50 per cent renewables by 2030. Renewable energy is cheaper, it’s cleaner, and it’s going to generate jobs and new industry for Australia,” he said.

If that’s not a winning pitch then I’ll eat my hat. A simple message with the common touch in tune with Australian mythos and zeitgeist versus a government saturated in fear and lies and chaos.

Prepare for a negative gearing reform.

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About the author
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.