Labor blasts Budget's $100bn 'missed opportunity'

Politics
by Matthew Killoran
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Debt will burden Australians for generations in a "$100 billion missed opportunity", Opposition treasury spokesman Jim Chalmers will say on Wednesday.
Tax cuts are also shaping up to be a big election issue, with Mr Chalmers accusing the government of "baking in" concessions for high-come earners through its planned stage 3 tax cuts.
Speaking at the National Press Club on Wednesday, Mr Chalmers will say the delayed vaccine rollout was holding the country's recovery to ransom.
 
He said that while the federal budget, released last week, increased spending by almost $100 billion, there would not be "long-term economic" benefits from it.

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