"The long-delayed imperative
for tax reform has arrived and will be pivotal in making or breaking the
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."