‘Spendathon’ election offering band aid solutions

News.com.au - 21/04
Australia’s two major parties are engaging in a “spendathon” ahead of the federal election which will do little to pay down the national debt or improve living standards, a leading economist has warned.

Australia’s two major parties are engaging in a “spendathon” ahead of the federal election which will do little to pay down the national debt or improve living standards, a leading economist has warned.

As both Labor and the Coalition offer billions in tax cuts, fuel subsidies and housing schemes AMP chief economist Dr Shane Oliver has warned none of these solutions will help Australians in the long term.

Both political leaders have been accused of doing little to help grow Australia’s living standards. Picture: Matt Roberts/ ABC/ Pool/NewsWire

“The Australian election campaign is not going well for anyone...
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