The announcement of a $57 billion deficit by the Federal Government on Tuesday did not surprise Associate Professor Mark Crosby; but the decisions to delay policies such as maternity leave and a pension increase have.
“It seems strange that the Government has decided to delay certain policies because if it’s a good idea why not start now?” he says.
“The effect of delaying these policy delays will have a minimal effect on revenue and taxes, as while some changes will cost the government, some are revenue raising.”
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