Taylor puts tax reform on the table in bid to return the Coalition to its roots
In an interview with Capital Brief, the Opposition treasury spokesman says his party needs to regain its reputation as the most economically responsible side and will take a sensible tax reform package to the next election.
When Josh Frydenberg was splashing billions of dollars on a living wage and other social payments during the pandemic, some within the Coalition believed it had successfully outflanked Labor.
If the Liberal and National parties could do something like the $89 billion JobKeeper wage subsidy - along with doubling the unemployment rate and boosting spending on childcare, aged care, disability and mental health - then what was the point of the Labor Party?
It didn’t turn out that way at the 2022 election. And while JobKeeper was widely credited with keeping the country afloat during Covid, economists have also argued the level of spending fuelled the inflation crisis that followed.
Opposition treasury spokesman Angus Taylor says the lesson of the pandemic is that "it's really important that Liberal-National governments stay true to Liberal-National values".