Finally, Shorten says that under a Labor Government there will not be a plebiscite “dredging up all kinds of harmful prejudice”, which he says will cost Australians $160 million and will instead push to make marriage equality a reality.
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Mr Shorten said in 2014 the 10 largest private training colleges received $900 million in government funding but less than five per cent of their students graduated.
“Every single superannuation holder can now only guess what Malcolm Turnbull and Scott Morrison will do next”.
Prime Minister Malcolm Turnbull has come under fire for suggesting young people don’t need extra assistance to buy homes because their parents should “shell out” to help them.
“I am quietly confident that the Australian people will give us another term in government”, he said on Channel 9 TV.
Mr Shorten said on Thursday night that Labor had the policy costed by the Parliamentary Budget Office and it estimated blocking the tax cuts will “save” the budget $49 billion over the decade.
Mr Turnbull accused Labor of waging a class war.
Shorten also raised Turnbull’s recent media event with a family in Sydney which backfired, after the parents said they had purchased an investment property for their one-year old child.
All sides of parliament – Labor, Liberal and all shades between – must show restraint in the looming election, cut out the pork-barrelling and keep their cash promises to the important stuff.
“Because that’s what a small business is”, he said.
The conservative government delivered a spending plan yesterday that effectively doubled as the launch of its election campaign, after Turnbull said he planned to use a political deadlock over industrial relations to dissolve parliament.
The federal government’s company tax cuts will cost $48.2 billion over ten years, according to Treasury modelling.
Modelling of the government’s policy by the left-leaning Australian Institute calculated that the boost to the big four banks would be as high as $7.4 billion assuming profits continued unabated on their current path over the next decade. He announced that within its first 100 days of Government, should it be elected, it will legislated to protect Medicare.
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“We will deliver tax relief for the small businesses representing 83 per cent of Australian companies but billion-dollar operations are not small businesses”, he said.
