Country Liberals Senator for the Northern Territory Nigel Scullion and Federal Member for Solomon Natasha Griggs said they expected next Tuesday’s Federal Budget will produce an artificial surplus and will do nothing to help Territory families and businesses.
“This will be a ‘cook the books’ budget rather than a ‘kitchen table’ budget”, said Senator Scullion.
“The Budget will be all about Julia Gillard and Wayne Swan’s future rather than the futures of local families and business who are about to be hit with the world’s biggest carbon tax”.
Mrs Griggs said the Government has been borrowing $100 million every day and are now paying the price for Wayne Swan’s waste and mismanagement.
“I expect the Government will claim to deliver a nominal surplus, but this is only because the Government is shuffling billions off the balance sheet. The Government has even shuffled the multi-billion NBN off its balance sheet,” Mrs Griggs said.
“Labor has cooked the cooks and artificially boosted the budget position by $10 billion. The real starting point for next week’s budget is not a $1.5 billion surplus but an $8.5 billion deficit.
“Families don’t pretend the credit card bill or the car lease is not in the family Budget, but somehow the Gillard government can pretend billions of dollars in wasteful spending is not occurring and not in the Budget.
“I am sure we will also see more broken promises. Julia Gillard promised “there will be no carbon tax under the government I lead” and she promised to protect the private health insurance rebate. Everyday my office is contacted by constituents saying they do not want this carbon tax and they are concerned about the increased cost of living that will eventuate. Julia Gillard broke her word to Territorians just like she broke her word to Kevin Rudd.”
Senator Scullion said the Budget will be the first ‘carbon tax budget’ that will be delivered on the eve of major electricity and gas price increases and price increases to private health insurance due to changes to the private health insurance rebate.
“Double digit electricity prices will skyrocket from 1 July due to the world’s biggest carbon tax and this will flow on to price increases on all of the necessities of life.
“The price of food, transportation, clothing, eating out, dry cleaning, council rates and every item in household budgets will go up and up. The only items that will have no carbon tax will be imports as the carbon tax acts as a reverse tariff.
“The Government’s broken promise on the private health insurance rebate will also see the cost of private health insurance increase by up to $1,000 a year. It will also increase pressure on the cost of premiums and increase waiting lists at public hospitals as people quit or downgrade their private health insurance,” Senator Scullion said.
Mrs Griggs said the real impact of this year’s budget on Territory households and business will be felt after 1 July when the world’s biggest carbon tax commences.
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120504 joint Budget release.pdf