Labor’s budget lies get professionally debunked

Advertisement

In a recent appearance on ABC’s Insiders program, Treasurer Jim Chalmers made the claim that the Albanese government had made an enormous amount of savings on the federal budget, touting the government’s skills at economic and fiscal management.

“The last budget of our predecessors had no savings, we’ve found almost $180 billion in savings, more than a third was in the budget that we just handed down not that long ago in May”

“We’ve had a savings package in every budget update so far. That’s how we’ve racked up almost $180 billion in savings.” Chalmers said.This sort of claim is not a rare instance in the long history of Australian federal politics, with both of the major parties regularly claiming that they are the superior economic manager.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
Advertisement