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Where Labor says it would find cash for $17 billion education commitment

Article image for Where Labor says it would find cash for $17 billion education commitment

With the Budget just around the corner, the Coalition is finding itself in a favorable position.

Today, Treasurer Scott Morrison announced an expected increase to the Medicare levy wouldn’t go ahead, saying the strength of the economy has made the hike unnecessary.

The Treasurer also alluded to potential “modest” personal income tax cuts.

The focus shifted this evening when Ross Greenwood spoke to Shadow Assistant Treasurer Dr Andrew Leigh, with Ross asking how Labor would fund their $17 billion commitment to schools without going into debt.

The Shadow Assistant Treasurer said the revenue would come from rejecting company tax cuts.

“It’s funded by not going ahead with a big business tax cut.

“It’s not just an equity measure, it’s a productivity measure.”

Click PLAY below for the full interview

Brooke Corte
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