Labor lifts spending higher than Covid years

Original article by Simon BensonJack QuailPerry Williams
The Australian – Page: 1 & 4 : 9-Apr-25

Federal government spending per capita peaked at $25,500 during the pandemic. However, analysis of the recent budget suggests that this will rise to $30,100 by 2029. This would be the highest per-capita spending in the nation’s history, and it is 27.2 per cent higher than the per capita expenditure of $23,700 in the former Coalition government’s last budget in 2021-22. Prime Minister Anthony Albanese has defended his government’s economic credentials, arguing that inflation has fallen from a peak of 7.8 per cent to just 2.4 per cent and wages have increased for the last five quarters. Meanwhile, 44 out of 100 undecided voters have deemed Albanese to be the winner of the first leaders’ debate; 35 said Opposition leader Peter Dutton won, and 21 were undecided.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINETLIBERAL PARTY OF AUSTRALIA

Leave a comment