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"The long-delayed imperative for tax reform has arrived and will be pivotal in making or breaking the Albanese government.
Chalmers has spelled out the news – NDIS spending is growing by 12.1 per cent yearly, hospital funding by 6.1 per cent, aged care by 5 per cent, defence spending by 4.4 per cent, while higher interest rates mean interest payments will grow about 14 per cent a year over the next four years. The nation’s social and security contract has expanded – but the policy consequences and financing have not been addressed. That is going to be Labor’s destiny."
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