Special Budget Update

Special Budget Update

Tonight Wayne Swan brought down his fourth budget – Julia Gillard’s first as PM. But while Labor has a new Prime Minister, the Budget tells the same old story: more debt, larger deficits and higher taxes.

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Gillard’s hidden payroll tax hike

Gillard’s hidden payroll tax hike

In answers to questions on notice received today (Economics Committee AET 34), Treasury has confirmed that the Labor Government refused to consider the impact of its proposed increased in the compulsory superannuation levy on small business employment.

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