STRINGS ATTACHED: Nothing comes for free. Image: iStockphoto

Abbott banks on flamboyant largesse

The federal government seems to have abandoned any effort at budget repair, and is instead focused on securing re-election.


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Unfortunately all our governments in recent times have suffered a very short term view when it comes to policy. This short view exactly matches election timeframes. Any real long term view of putting in place policies that will be of benefit beyond the incumbent governments term by definition will need to be disciplined to keep the finances in check. In a place where the government finances have plummeted into the red dramatically since the last budget surplus delivered by the Howard government it's not hard to see what the cost is for vote buying. The mud slinging never stops and it is interesting how Mark Latham's comments were not only erroneous but also ignored the fact that his party was in power during the period that we sank into our current debt. Nice one Mark. Also not sure where all is money that we are "awash with" is hiding, businesses are closing at alarming levels in the areas that myself and my friends live in. If Mark finds some maybe he could send some the way of those business owners facing closure and/or bankruptcy.

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