The Oz Budget is in and the headlines are rather positive about the "goodies" it contains, but....
A closer analysis of the Budget clearly shows that it lacks any vision or breadth. There is very little in the scheme of things for long-term infrastructure [ports, roads, transport generally] climate control [bear in mind that in the last 10 years the Government has spent more than double on advertising than on climate control or global warming] or making Australia a clever country. The $5 million Uni Endowment Fund will assist with facilities but where is the assistance for students to actually get into a university let alone cope with repayment of their HECS liability? Even company taxes are not even competitive with many other nations including are those of our near neighbours.
Bottom line it's all poltical! Vote the Coalition back later this year, forget about what happens when the mining boom and the huge inflow of monies stops as it eventually will. Costello fails his Budget with a D - for Dunce!
A closer analysis of the Budget clearly shows that it lacks any vision or breadth. There is very little in the scheme of things for long-term infrastructure [ports, roads, transport generally] climate control [bear in mind that in the last 10 years the Government has spent more than double on advertising than on climate control or global warming] or making Australia a clever country. The $5 million Uni Endowment Fund will assist with facilities but where is the assistance for students to actually get into a university let alone cope with repayment of their HECS liability? Even company taxes are not even competitive with many other nations including are those of our near neighbours.
Bottom line it's all poltical! Vote the Coalition back later this year, forget about what happens when the mining boom and the huge inflow of monies stops as it eventually will. Costello fails his Budget with a D - for Dunce!
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