Higher taxes the ‘last thing’ Australia’s economy needs

Shadow Housing and Social Services Minister Michael Sukkar says higher taxes are the “last thing” Australian families and the country’s economy need. Reserve Bank Governor Philip Lowe said last week the federal government might need to consider raising taxes to lower the country’s debt. Mr Sukkar says he doesn’t want to see Labor “reverting to type” and looking at opportunities to raise taxes. “We know they always do this; they chase higher spending which therefore means they have to attack Australians more,” he told Sky News Political Editor Andrew Clennell. “That would be a very, very serious breach of their commitments.”