Over 60 economists from universities and institutions around Australia have signed a statement calling on the government to stop citing a ‘budget emergency’ in Australia.
Australia does not face any present or imminent debt crisis – despite what the Government’s rhetoric would have the public believe. The language of crisis has been used to justify a federal budget that unnecessarily cuts government programs, and undermines the proper role of government in the economy, especially in times of relative economic weakness.
Tanya Martin Office Manager
Jake Wishart Senior Media Adviser