above: former Liberal MP and now lobbyist for the most wealthy superannuants, John Brogden. Threatened a mining industry style fear campaign unless Labor capitulated on superannuation tax shelters for the rich.
Labor knows the system is unsustainable - but was 'spooked' by the prospect of the mining industry style 'fear campaign' - led by former Liberal MP and now lobbyist for the most wealthy superannuants, John Brogden. As usual - Brogden was subjected to very little scrutiny by most of the media - including the ABC - when it came to the fear campaign...
But failing to fund Gonski and NDIS could be much more damaging for the ALP come September.
And surely ALP strategists must realise by now that most of the monopoly media will spin anything they say and do against them regardless of the actual policy. 'Neutralising' this issue provides only very limited 'breathing room'. Lacking the necesary funds for 'signature policies' such as Gonski and NDIS will be far more damaging come September. Unless Labor finds other progressive funding mechanisms in the May Budget - without further callous and unpopular austerity.
I am arguing for another look at dividend imputation, the Minerals Resource Rent Tax, income tax structure, a tax on inheritances valued over $2 million, and an increased Medicare Levy to help pay for NDIS. I welcome people to post their own ideas here at the blog too - in an attempt to get some debate going on how Labor can retrieve its Budget position without austerity or compromising signature policies.
- * A Final Plea for Federal Labor and the May Budget: Progressively Fund Gonski and NDIS – and No More Austerity! (Published April 4th)
- Responding to Andrew Bolt: Is Social Insurance ‘Class Warfare’? (published March 26th)
- Responding to Simon Crean on ALP unity and Government Policy (published March 20th)