SLOMO MOVES DECK CHAIRS, STILL OWNS TURNBULL GOVERNMENT ECONOMIC FAILURE

24 August 2018

Scott Morrison and Josh Frydenberg have presided over a failed economic plan and a failed energy plan the Turnbull Governments failure is their failure.

No matter who leads the Liberals, they will never be united the only thing that unites the Liberal Party is tax cuts for the top end of town.

Australia doesnt need a new Liberal leader, Australia needs a new government.

Its time to let the people decide so we can restore some stability and focus on things that matter to the Australian people.

For years Scott Morrison actively led the resistance against Labors call for a Banking Royal Commission labelling it a populist whinge and voting against it 26 times. He has no concern for the victims of banking scandals.

Scott Morrisons instincts on the economy and tax align with Liberal Party DNA: company tax cuts for big banks and big business, tax cuts for millionaires, cuts to wages, cuts to schools and hospitals and an increase in the Goods and Services Tax.

As Treasurer, he has presided over the worst wages growth in a generation while pushing big business tax cuts and a giant cut in penalty rates for Australian workers.

Gross public debt crashed through half-a-trillion dollars on Scott Morrisons watch for the first time ever in the nations history, and his own Budget papers expect it to remain well above half-a-trillion dollars every year for the next decade.

The centrepiece of Scott Morrisons 2016 Budget and the Liberal Partys one point economic plan ever since was an $80 billion big business tax cut with $17 billion hand out for the big banks.

Mr Morrisons first failure as Treasurer was his push for an increase in the GST that culminated in Malcolm Turnbull rolling him and SloMo left with a 46 minute waffle at the National Press Club in February 2016.

Mr Morrisons sophistication on energy policy doesnt go any further than waving a lump of coal around at Question Time.

Scott Morrisons parting gift for economic policy was the complete politicisation and debasement of the Australian Treasury in part through the appointment of his own Chief-of-Staff as Secretary of the Treasury.

The other smash hits include:

  • Arguing there were excesses with negative gearing before being rolled by Cabinet;
  • Having the PM change the Budget date on him;
  • Wrongly claiming Labor had a $60 billion black hole during the election campaign;
  • Miscalculated the numbers in the Omnibus legislation;
  • Falsely claimed the independent PBO had made certain claims about Labors tax policies;
  • Used Treasury analysis to suggest that inequality was improving but still refuses to release it;
  • Got Treasury to mail-out a political letter and taxpayer paid for 80-page glossy to Australian CEOs.