Daily Bulletin

The Times Real Estate

.

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra
image

In times of budgetary constraint, the cost of Australia’s welfare system has been regarded by many in the Coalition as a burden and a drag on economic growth. The shadow minister for social services and families, Jenny Macklin, has a different take.

“Sadly I think the Liberal-National Coalition have an ideological view that the welfare system is too generous – even though the international evidence is completely to the contrary … our social security system is one of the most tightly targeted in the world,” she says.

For Labor, the message is that cuts to welfare and social services increases inequality – damaging the wider economy.

“You’ve got the International Monetary Fund, the OECD, other very big international players telling us that increasing inequality is a constraint on growth. So what Labor is saying is that we want to … use all the different levers available to us to reduce inequality through the tax changes on negative gearing for example, through improved social investments, such as our schools policy.

"These are all very practical policies that Labor has to reduce inequality, to make sure that we see that reduction in inequality delivering in improved economic growth.”

Music credit: “Dryness”, by Ketsa on the Free Music Archive.

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more http://theconversation.com/politics-podcast-jenny-macklin-on-labors-approach-to-welfare-69352

Business News

Retail Evolution: 5 Changes Reshaping Local Shopping Experiences

Photo: Tem Rysh / Unsplash Remember when shopping meant strolling downtown, greeting shopkeepers who knew your name, and carrying home paper bags filled with the day's finds? That world hasn't disa...

Daily Bulletin - avatar Daily Bulletin

Faster Benalla: The Data Cabling Secrets To Business Success

Benalla's business landscape is undergoing a profound transformation, driven by the relentless march of digital connectivity. A robust and reliable data cabling infrastructure is no longer a mere co...

Daily Bulletin - avatar Daily Bulletin

How to Estimate the Right Skip Bin Size for Your Renovation Project

One of the most challenging aspects of planning a renovation project is estimating the amount of waste you'll generate. Choosing a skip bin that's too small means paying for additional bins or picku...

Daily Bulletin - avatar Daily Bulletin

LayBy Deals