This massive cash-splash takes Labor’s spending promises this campaign to more than $3,000,000,000 ($3 billion) – more than twice ours.
Yesterday in their so-called Fiscal Strategy, Labor promised surpluses of two per cent, which is a fantasy given their reckless spendathon.
This means that Labor will either have to increase taxes, cut spending or break their election promises – just like they did last time.
On top of that, Treasury have yet to cost a single Labor policy, compared to 14 from us.
If you refuse to have your policies costed by Treasury, why should anyone believe them?
It’s the same old Labor, you simply can’t trust them with money, and you can’t believe their promises.