So after little in the way of economic substance in the great leaders debate on Sunday, and absolutely nothing on costings from the Coalition, Tuesday it was all about the economy with the pre-election economic and fiscal outlook – PEFO – not to be confused with MEFO, mid-year economic … well, you get the picture. That was a few months ago. Things change. This was the last one before the election.
The government says it backs up their figures and Treasury is supposed to be independent. The Opposition keeps up the attack but still not letting on when they might give us their own rather important financials.
They did say they would release their costings into that controversial parental leave scheme sometime soon which some suggest is a cynical exercise to divert attention away from their bigger financial figures and black holes.
And why would they rush when pesky economists have raised doubts about the claims by the Coalition about the economic benefits of their company tax cuts.
Just to top that, the Rudd government says it might not even release its report on the NBN 'til AFTER the election.
Shadow Treasurer Joe Hockey makes scary noises about our debt ceiling while Tony Abbott attacks the Government for scaring the "bejesus" out of us about the GST.
NAB chief Cameron Clyne doesn't help by calling for it to be reviewed. Meanwhile business conditions hit a four-year-low according to his bank's latest survey. His CBA counterpart just calls for a majority government this time around.
But the News website concentrates on Abbott's gaffe in calling a candidate sexy. Yes folks, another day on the campaign trail. How does the song go? Another day older and another day in debt … Or is it closer to death?
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