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Fri 16 May, 2014

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Opposition to oppose $13b in budget cuts

Opposition Leader Bill Shorten has revealed in his formal reply to the federal budget that Labor will oppose around $13 billion worth of cuts and tax hikes, including the changes to university funding and student support.

Cuts to pensions and family benefits, the $2.3 billion fuel excise increases, delays on Newstart payments and the $7 GP fee are all on Labor's hit-list.

Mr Shorten told Parliament that "the Australian people have been ambushed" and "betrayed" by the Abbott Government's "blueprint for a radically different, less fair Australia".

He ended his budget reply daring Prime Minister Tony Abbott to push ahead with threats to call an early election.

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The Drum

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Squealing may mask a hidden GST agenda

Despite the faux hysterics thrown up by state Liberal premiers about how harsh the federal Budget is, it's safe to say they're in on the act.

At a recent meeting of state and federal leaders there were signs of revisiting the GST and perhaps repatriating some other revenue-raising powers back to the states and territories.

It's not too long a bow to imagine Tony Abbott advising the LNP leaders that they'd take a haircut in the Budget but could be the beneficiaries of a widened or increased GST in the future.

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Just In

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13,000-year-old skeleton found in Mexican cave

One of the oldest genetically intact skeletons to ever be found is helping scientist understands the western hemisphere's earliest humans.

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World

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13,000-year-old skeleton found in Mexican cave

One of the oldest genetically intact skeletons to ever be found is helping scientist understands the western hemisphere's earliest humans.

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Business

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Westfield faces fresh shareholder revolt on restructure plans

Frank Lowy's plans to restructure his $70 billion corporate empire have been thrown into doubt.

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Politics

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Coalition stands firm on World Heritage forest reduction

The Federal Government is ignoring a Senate inquiry's advice on a World Heritage-listed forest in Tasmania after the inquiry condemned plans to delist the forest.

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Sport

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Matthews wins Giro stage six, Evans into overall second

Michael Matthews won stage six of the Giro d'Italia as Cadel Evans finished third to move into second overall.

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Science and Technology

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13,000-year-old skeleton found in Mexican cave

One of the oldest genetically intact skeletons to ever be found is helping scientist understands the western hemisphere's earliest humans.

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Environment

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Coalition stands firm on World Heritage forest reduction

The Federal Government is ignoring a Senate inquiry's advice on a World Heritage-listed forest in Tasmania after the inquiry condemned plans to delist the forest.

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