The Labor Party’s $1.9 billion surplus in the current financial year is a “false flag” for the Coalition’s “big spend, big spend” economic policies, the ABC’s AM program has found.
The ABC’s David Chipperfield said it was not just the party’s own spending but also the Coalition government’s “massive debt”.
“This is just a very misleading surplus that they’re using as a flag to support their big spend, bigger spend economic policies,” Mr Chipperfon said.
The ABC reported the Coalition has used its current surplus as a “cover story” to “exploit” the public’s anxiety about the budget. “
They’re lying to their own people, they’re lying about their own record, they’ve lied about the way they’re going to spend their money, and it’s a very serious matter.”
The ABC reported the Coalition has used its current surplus as a “cover story” to “exploit” the public’s anxiety about the budget.
“This government has made this $1 billion surplus a cover story to exploit the fears of the Australian public about the economic future,” Mr Chinley said.
The report revealed the Coalition had spent more than $2.5 billion on its debt, $3.4 billion on welfare, $1,664 million on “media advertising” and $958,000 on the Labor party’s “media campaign”.
“It’s not just Labor that’s spending money on media advertising, it’s the Liberal Party too,” Mr Chakler said.