Barnaby Joyce has been sidelined by his own party so he hasn’t played much of a role in this campaign (a point he will no doubt make if the Nationals vote falls/lose seats, which it is on track to do) but he is still allowed to do Seven’s breakfast show.
This morning he is asked about Angus Taylor’s criticisms of Labor’s tax policy as being a “cruel hoax” and an election bribe and how the Coalition’s promise to temporarily bring back the LMITO is any different.
Joyce:
We want to make sure that we too acknowledge there is a cost-of-living crisis. The way we’re going about it is different. We’re helping people right now, in fact, we’re helping people every time they go to the fuel bowser, because they don’t pay the excise they used to pay, so that’s more money in their pocket. It’s a very, very, very clear difference. (well, not yet – the policy is not in place)
Now, on the repayment said, we’ve got to make sure that we have an economy, an economy that’s driving ahead and gives us the capacity to increase the tax-free fees to increase our capacity to service the debt.
The way you do that – hate to say it – go back to issues such as energy. You make sure the energy prices, nobody wants a reduction in wage rates, there is only one advantage, it’s energy. So you can’t go forward with 82% of power, you won’t have a manufacturing economy, then you will have a part-time administrative economy, and that is how there is a fundamental difference, because what underpins it at the end is the fundamentals of economics, cheaper energy.
Sigh Banaby. Sigh.
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