A Realised Disaster
Labor's proposed tax on unrealised gains has a demonstrable track record of failure wherever it has been tried. This time won't be any different.
By forecasting a lot of pain, Labor are trying to take credit when it's not as bad as anticipated. Just in time for the next election.
The Albanese government's mini-budget was a predictable affair.
It was the highest spending budget in the history of the country with more big-government programs.
The cradle to grave welfare state is strengthened and enterprise, initiative and self-reliance are weakened.
It's also based on some heroic assumptions and startling inconsistency.