Treasurer Jim Chalmers accused his coalition -opposite the pendulum Angus Taylor of deporting a “ambush” to Australians with billions of cuts, while the opposition shadow accused the work of exhausting the financial buffers of the nation, just like a crisis looms.
In an AT-Times that Snips Live TV debate on Wednesday, both men who were signed bankrupt by Sky TV-Gastheer Ross Greenwood about how they are planning to tackle major structural problems, including weak productivity, a faltering tax system and continuous budget deficits.
Instead, they tried to put contrasts about their approaches to economic policy.
Mr. Chalmers insisted that Labor is growing its agenda of higher wages, the energy support of households and investments in health, education and skills will continue to stimulate.
Mr. Taylor closed his plans for “secret expenditure reductions” that he would use to pay for “the plan of the coalition to build nuclear power plants by the taxpayer,” Mr. Chalmers raised the ghost of Tony Abbott’s first budget, which wanted to rise due to sharp reductions in the requests.
“That’s not an economic plan,” he said. “That is an ambush, and it is just like 2013-14.”
“There could be no more important time for the responsible economic management that has been the determining feature of this Albanian government.”
“And there can be no worse time to risk the coalition of Peter Dutton of cuts and chaos, which would make Australians worse and take Australians back. When Peter Dutton cuts, every Australians will pay.”
Mr. Taylor picked up the Wehans and repeatedly emphasized an important question for voters: “Who do you trust to manage the economy?”
“We have seen the past three years, Australians have become poorer and the clear Australians cannot still afford for three years as the last three.”
Words to get more housing on the market, reduce the fuel costs and to “repair the budget so that we can protect our nation in the future,” Mr. Taylor said that he would bring his 25 years to the Treasury portfolio.
For a large part of the one-hour debate, first of three planned during the campaign between the two men who are generally considered potential future leaders of their respective parties-lag the focus on cost-of-life, weak productivity and complaints that none of both parties tackles the difficult issues with real policy options.
However, it also took a turn to the personal, as Mr Greenwood Mr. Chalmers asked why – despite the fact that it was generally considered the best communicator of the government and a hard worker – whether he suffered from a “glass jaw” in the light of criticism.
After a while, he said, he came to the appearance that “you take the good with the bad”, and that means that he “can sometimes become a bit grumpy”.
((Monkey: Christian Gilles))
“In the course of time I have learned to concentrate on the objective observers of the job I do, and I think the Australian people will eventually judge, instead of the kind of partisan commentators.”
Mr. Greenwood then turned to Mr Taylor and said that he is described by friends and enemies as an “incredibly gifted” man, a Rhodes -learned and “many times” told that he is a “future prime minister”.
The “question is, some people suggest that you might not have put the work in it? Have you perhaps heard that too?”
Mr. Taylor said he and Mr. Chalmers, “receive a lot of free advice”.
“And I tell you something, I work every day for those hard -working Australians who work, Jim’s electorate and in my electorate and in Australia.
“That’s what I’m here for.”
Questions about Donald Trump rate war
Much of the debate was taken over with questions about the resilience of the budget and the Australian economy in the light of the deteriorating rate war of Donald Trump.
Mr. Chalmers closed the movements of the US President as “unnecessary and self-destructive”, before accusing the coalition of co-sorrel to the worst elements of the Trump government, including the Ministry of Government Efficiency, run by billionaire Elon Musk.
“Here I think we have the first contrast of the debate tonight … because we have a prime minister who stands up and speaks for Australia,” said Chalmers.
“And we have an opposition leader and an opposition that is absolutely full of this kind of doge-systemers who have linked their car to America … [with] Slogans and policy, and especially cuts that would make Australians worse off “.
Mr. Taylor opposed and said that the coalition has a long history of supporting open trade, and made a labor movement to stop live exports.
The question of whether Australia is confronted with a recession, Mr Taylor suggested that the treasurer should expect one because he emphasized this week on market forecasts, there would be four reserve borders reductions this year.
“He likes to predict. We need someone who wants to manage the economy,” Taylor said.
Mr. Chalmers rejected that he was expecting a recession and accused the coalition of lying about the case “several times”.
The debate then moved to how both men would manage a decline with a strong increase in unemployment rate as a result of the trade war.
Mr. Chalmers insisted that the economy “in this uncertainty all over the world went from a power position”.
“What we have been able to do, which is unusual in the world, inflation is getting much lower than what we have inherited from Angus while we maintain very low inflation.”
Mr. Taylor hit back and said that the economy has been left under the work and the federal debts is rising to $ 1.2 trillion.
“The buffers have disappeared,” he said.
Asked if Mr. Chalmers would try to close a deal after the election with the Greens, whose leader Adam Bandt promised on Wednesday to ban negative gearing, the treasurer insisted that Labor would win the elections.
“We are not going to coalition with the Greens. We try to rule in a majority. We do not take our signals or our economic policy out of the Greens,” said Chalmers.
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