CANBERRA, ACT, May 17 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: Budget, Budget reply, housing reform, intergenerational equity, tax policies
Jim Chalmers:
There are 2 very big differences in the Budget and the Budget reply handed down last week. The first one is our Budget was one of the most responsible in memory, and the Budget reply was one of the least responsible.
Angus Taylor's Budget reply is a recipe for much bigger deficits, much more debt and much more inflation. Angus Taylor's got an uncosted, unfunded tax proposal which would add a quarter of a trillion dollars in debt over the next 10years and cost the Australian people tens of billions of dollars in debt interest. One of the reasons why...