{"id":2581,"date":"2019-04-30T15:33:45","date_gmt":"2019-04-30T15:33:45","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=2581"},"modified":"2019-04-30T15:33:45","modified_gmt":"2019-04-30T15:33:45","slug":"shorten-doesnt-know-the-cost-of-his-own-policy","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2019\/04\/30\/shorten-doesnt-know-the-cost-of-his-own-policy\/","title":{"rendered":"Shorten doesn&#039;t know the cost of his own policy"},"content":{"rendered":"<p>Bill Shorten has shown he either isn\u2019t across the details or that Labor hasn\u2019t done its homework on the cost of its own policies.<br \/>\nOn Perth radio this morning Mr Shorten couldn\u2019t tell listeners the cost of Labor\u2019s 45 per cent emissions reduction target.<br \/>\n<em>\u201cI can\u2019t tell you what the cost is going to be.\u201d<\/em><br \/>\nBill Shorten, Nova Radio Perth, 30 April 2019<br \/>\nCoalition Campaign Spokesman Senator Simon Birmingham said it was time for Bill Shorten to come clean with Australians.<br \/>\n\u201cHow can a man who wants to be Prime Minister not know the cost of one of his key policies,\u201d Senator Birmingham said.<br \/>\n\u201cEither Bill Shorten doesn\u2019t know the cost of his policy or he is hiding the true cost.<br \/>\n\u201cAustralians deserve to know what Labor&#8217;s 45 per cent emissions reduction target and 50 per cent renewable energy target will cost them, just like they deserve to have Bill Shorten answer questions about Labor\u2019s tax policies.<br \/>\n\u201cBill Shorten chose to release a policy that relies on Australian businesses buying international permits, so why won\u2019t he be honest and upfront about how many permits will be bought and how much money will be sent offshore?<br \/>\n\u201cLast week Labor were falsely spinning that there was no cost to their policies yet now Shadow Climate Change Minister Mark Butler claims it\u2019s not even possible to cost their plans.\u201d<br \/>\n<em>\u201cIf I can go to the cost impact of the policy we have announced, it is impossible to cost.\u201d<\/em><br \/>\nMark Butler, Doorstop, 30 April 2019<br \/>\nHowever, we know from independent modelling by BAEconomics that Labor&#8217;s 45 per cent emissions reduction target and 50 per cent renewable energy target will:<\/p>\n<ul>\n<li>cost the economy $472 billion<\/li>\n<li>slash more than 336,000 jobs<\/li>\n<li>cut the average wage by over $9,000<\/li>\n<li>increase wholesale electricity prices by more than 58 per cent.<\/li>\n<\/ul>\n<p>\u201cIt\u2019s time Bill Shorten came out of the shadows and outlined the true cost of his reckless policies,\u201d Senator Birmingham said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Shorten has shown he either isn\u2019t across the details or that Labor hasn\u2019t done its homework on the cost of its own policies. On Perth radio this morning Mr Shorten couldn\u2019t tell listeners the cost of Labor\u2019s 45 per cent emissions reduction target. \u201cI can\u2019t tell you what the cost is going to be.\u201d &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2019\/04\/30\/shorten-doesnt-know-the-cost-of-his-own-policy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shorten doesn&#039;t know the cost of his own policy&#8221;<\/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-2581","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\/2581","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=2581"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/2581\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=2581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=2581"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=2581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}