Labor\u2019s Mid-Year Economic and Fiscal Outlook prioritises Labor\u2019s political strategy over Australians crushed by the cost of living crisis. <\/p>\n\n\n\n
\u201cDespite millions of Austalians struggling to afford food and rent, Labor has conformed today it will continue with $317 billion in Stage 3 Tax Cuts for politicians, billionaires and the wealthy,\u201d Greens Economic Justice spokesperson Senator Nick McKim said. <\/p>\n\n\n\n
\u201cThere are plenty of decisions that can be made to help people with the bare essentials of life without driving up inflation like a rent-freeze, putting dental and mental health into medicare and providing free childcare.\u201d<\/p>\n\n\n\n
\u201cLabor is boasting about a bulging bottom line while renters are being smashed by spiralling rent increases and mortgaged home owners are struggling with record rate rises.\u201d <\/p>\n\n\n\n
\u201cUnder Labor\u2019s \u2018Liberal-Lite\u2019 policies, more people are living in tents and skipping meals. Meanwhile property speculators are supercharging their wealth and corporations are making record profits from price gouging.\u201d <\/p>\n\n\n\n
Tax concessions for property investors will cost a colossal $39 billion this year alone. Over the decade Labor are giving away $90 billion in fossil fuel subsidies.<\/p>\n\n\n\n
\u201cLabor claim they are reducing spending to fight inflation, but they are more than happy to spend big by giving massive tax concessions to their corporate and billionaire mates, while forcing more and more everyday Australians below the poverty line.\u201d <\/p>\n\n\n\n
\u201cBudgets are about choices, and once again, Labor are prioritising big corporations and billionaires over millions of Australians struggling to afford food and rent.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Labor\u2019s Mid-Year Economic and Fiscal Outlook prioritises Labor\u2019s political strategy over Australians crushed by the cost of living crisis. \u201cDespite millions of Austalians struggling to afford food and rent, Labor has conformed today it will continue with $317 billion in Stage 3 Tax Cuts for politicians, billionaires and the wealthy,\u201d Greens Economic Justice spokesperson Senator … Continue reading “MYEFO: LABOR RETAIN GIANT TAX CUTS WITH NO COST OF LIVING RELIEF FOR PEOPLE STRUGGLING”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-24524","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=24524"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24524\/revisions"}],"predecessor-version":[{"id":24525,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24524\/revisions\/24525"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=24524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=24524"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=24524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}