Federal budget 2019: Is it an election winner?

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The 'conga line' of stakeholders have their say on Budget2019. 9News Here's what CUhlmann has to say:

Tony Abbott nailed it when he said in the lead up to the 2013 election that, after six years of chaos, Labor’s biggest problem was not the Budget deficit but the trust deficit.

The only man still standing in the same job since the 2013 Coalition election victory is the Finance Minister, Mathias Cormann. When he helped put the first Budget together in 2014, Joe Hockey was Treasurer. Hockey has long since retired hurt from the brutal playing field of Australian politics where promising careers rise and fall with the change of seasons.

In its favour the Government has now delivered on its promise to get the nation back in the black. You can argue that it is built on a happy set of circumstances that sees the price the world pays Australia for its commodities exceed expectations. But the Government has toiled to keep spending in check, none more so than the dutiful Finance Minister, and deserves some credit.

Labor’s most potent line is “everything is going up except your wages” and this Budget is aimed at countering that. The Government is arguing that the benefits of its economic stewardship will be immediately shared through cash handouts and a tax deduction that will put $1080 dollars in the bank accounts of four million voters within 13 weeks.

 

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