on 08-05-2013 08:44 AM
Add your list of Labor failures and broken promises in this thread
Another week, another handful of broken promises, another dozen boats and more lies and lies and lies.
Labor’s carbon package is in tatters, with $1.4 billion of tax cuts scheduled for 2015 to be dumped ... and cuts to clean-energy initiatives, because a slump in the European carbon price has forced Treasury to halve the revenue expected from the sale of carbon permits.
Add this to the broken promises of just the past fortnight:
- there will be a surplus this financial year
- there will be a rise in the family tax benefit.
- there will be no increase in the Medicare levy
Labor axes carbon price tax cuts
http://www.afr.com/p/national/labor_axes_carbon_price_tax_cuts_tma1oiJwcXCt3a9QgedciK
Labor’s carbon package is in tatters, with $1.4 billion of tax cuts scheduled for 2015 to be dumped in next Tuesday’s budget, and cuts to clean-energy initiatives, because a slump in the European carbon price has forced Treasury to halve the revenue expected from the sale of carbon permits.
The dumping, or indefinite deferral, of a second round of tax cuts that were supposed to be funded by the carbon price will damage Labor’s attack on the Coalition over its plans to repeal all spending measures associated with the government’s clean-energy package, and all but one of the measures associated with the mining tax.
The government had previously ruled out dumping the 2015 tax cuts. But confronted by a yawning revenue chasm as the high dollar hits company profits and forecast company tax payments, Labor has been forced to axe spending and tax cuts to help present a credible last budget before the election.
The Greens are pressing the government to go further and dump funding for carbon capture and storage after the Parliamentary Budget Office found such a move would save $768 million.
The Australian Financial Review revealed on Monday a shortfall in forecast budget revenue of between... from now to 2016, forcing the government to dump $1.8 billion in family assistance linked to the mining tax.
Full story here and its a ugly read
http://www.afr.com/p/national/labor_axes_carbon_price_tax_cuts_tma1oiJwcXCt3a9QgedciK
on 08-05-2013 09:22 AM
Life's too short to list the Myriad failures of this failed Labor government so I'll just list this one for now.
Failure to govern in the best interest of the country.
on 08-05-2013 09:30 AM
''The Greens are pressing the government to go further and dump funding for carbon capture and storage after the Parliamentary Budget Office found such a move would save $768 million.''
mainly because it doesn't work.
The coalitions 'Direct Action Plan' is the really big joke in this area of policy. More expensive by a big margin than the carbon tax, for no result at all. the carbon tax cut emmissions in the electricity sector by 8.6% in the first six months . it works. direct action is a fantasy, most think Abbott will let it fade away and do nothing. fool. Adelaide looks unseasonably warm today don;'t you think ?
on 08-05-2013 10:47 AM
Their failure to get Abbot dumped as opposition leader allowing voters a second choice
of a party if they wish for one.
on 08-05-2013 11:16 AM
''The Greens are pressing the government to go further and dump funding for carbon capture and storage after the Parliamentary Budget Office found such a move would save $768 million.''
mainly because it doesn't work.
The coalitions 'Direct Action Plan' is the really big joke in this area of policy. More expensive by a big margin than the carbon tax, for no result at all. the carbon tax cut emmissions in the electricity sector by 8.6% in the first six months . it works. direct action is a fantasy, most think Abbott will let it fade away and do nothing. fool. Adelaide looks unseasonably warm today don;'t you think ?
LL could you please give me your thoughts and the true reason why YOU think the government introduced the carbon tax ?
I believe like so many others it was purely a money grab by a desperate government to help towards erasing the huge deficit it has created as there is little point AU introducing a carbon tax unless countries like India, China and USA are also doing it. Our contribution is a mere drop in the ocean and although it must start somewhere it should start with the countries mentioned.
on 08-05-2013 02:53 PM
.
Their failure to get Abbot dumped as opposition leader allowing voters a second choice
of a party if they wish for one.
:^O Abbott will, himself, see Gillard off, so he will have seen Rudd & Gillard off.
Pity you had to bring Abbott into this debate in your pathetic attempt to slime him. Abbott & the Opp have seen this failure of a Lab gov implode.
Getting worse every day with budget blowouts & broken promises & the total failure of the toxic carbon tax.
Pathetic & panicked, chaos & toxic, this is what we are seeing today & yet we see Gillard crowing about getting Qld to sign for ndis which she knows will have a very hard time getting up.
All this disgrace wants is a legacy to crow about.
on 08-05-2013 03:17 PM
In TWO word 'NOT MUCH' AND "EVERYTHING"
on 08-05-2013 03:45 PM
failure to KEEP OUT boat people