An ‘on the run’ budget is so Albanese can ‘cash grab’ for higher government spending

An “on the run” cash grab policy “is no way for a government to make its budget,” says Shadow Foreign Minister Simon Birmingham after the Albanese government announced new taxes for superannuation. “The chaos alongside the broken promise around this is most remarkable,” Mr Birmingham told Sky News Australia. “They can’t answer the most basic questions around a policy they appear to have just announced on the run as a cash grab to prop up their intent for higher government spending. “Jim Chalmers from the outset has been clear, he does not want to index the $3 million dollar figure – so each and every year, you can expect to see thousands more Australians captured by this.”