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Why even bother ?

Summary:
Questioned about the obvious arithmetical impossibility of his promises to increase spending, cut taxes and greatly improve the budget balance, Queensland LNP leader Tim Nicholls had two responses. First, he claimed that he could balance the books by not renewing some unspecified programs as they aspire and by cutting government advertising expenditure. This is laughable. The savings from discretionary programs expiring in any given year are going to be tiny in relation to the billions Nicholls needs to find annually. As for government advertising, not only are the sums involved relatively modest, but this is a promise routinely made and broken by Opposition parties in just about every election. Nicholls may not like government advertising when Labor does it, but, in office, he was

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Questioned about the obvious arithmetical impossibility of his promises to increase spending, cut taxes and greatly improve the budget balance, Queensland LNP leader Tim Nicholls had two responses.

First, he claimed that he could balance the books by not renewing some unspecified programs as they aspire and by cutting government advertising expenditure. This is laughable. The savings from discretionary programs expiring in any given year are going to be tiny in relation to the billions Nicholls needs to find annually. As for government advertising, not only are the sums involved relatively modest, but this is a promise routinely made and broken by Opposition parties in just about every election. Nicholls may not like government advertising when Labor does it, but, in office, he was happy to spend $70 million on the Strong Choices asset sales campaign.

More importantly, Nicholls stated that his campaign would release costings by an unnamed accounting firm on 23 November, two days before the election and after lots of people have cast early votes. This is stunning. It’s obvious that the date has been selected to ensure that the costings can’t possibly be checked in time to confront him with the errors it will undoubtedly contain.

He might as well have promised them five minutes before the polls close on election day. Why even bother with such a charade?

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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