Australia cannot ‘repeat the Rudd Swan mistake’

over 5 years in theaustralian

NSW One Nation leader Mark Latham says although “nothing beats cash” Australia’s economy is “in worse shape now because of the Rudd-Swan experience”. The government is set to announce a $10 billionaire stimulus package to help fight the economic effects of coronavirus. Mr Latham said the “logical response” to the economic impact effect consumers was “cash in pockets,” but it is also important to realise “it takes a hell of a long time to get back to surplus”. He told Sky News host Paul Murray Australia “could be in deficit a long time”. “We’re in worse shape now because of the Rudd-Swan experience and the failure of the Liberal government to actually get into surplus … we don’t want to repeat that mistake,” he said. Image: News Corp Australia

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