Labor's higher taxes and record debt to continue under Trad

Published: Comments:
Business & Economy Money & Finance Political Queensland Government


Labor's deceit will be laid bare tomorrow, with the mid-year budget update set to include a raft of new taxes and no plan to pay off Queensland's nation-leading record debt.

Deputy Liberal National Party Leader and Shadow Treasurer Tim Mander said Labor had sprung four confidence-killing, jobs-destroying taxes on Queenslanders on the eve of the state election.

"These taxes are "job killers," as highlighted by Queensland Property Council executive director Chris Mountford," Mr Mander said.

"These taxes will further drive down business confidence here in Queensland, which is already at almost record lows.

"Despite these four new taxes, announced just two days before the election, Labor still has no plan to pay down Queensland's nation leading debt.

"Under Labor Queenslanders are being hit with a terrible trifecta: higher taxes, higher cost of living and higher debt."

Mr Mander said new Treasurer Jackie Trad should use the release of the Mid-Year Fiscal and Economic Review to rule out any further tax hikes, raids and rip offs.

"Queenslanders have a right to know if the Palaszczuk Government is planning to slug them with future tax increases," he said.

"Queenslanders have a right to know if Treasurer Trad is planning to add to Labor's $15 billion worth of raids, including grabs on superannuation and long service leave.

"Queenslanders have a right to know how much is going to be cut from individual departments as part of Labor's $1 billion "reprioritisation", as outlined in its election costings, and what these cuts mean for frontline services.

"They also have a right to know how Labor plans to pay down debt, given the Palaszczuk Government has consistently broken its fiscal principles.

"After just a week in the job Treasurer Trad has already made it clear she's out of ideas.  When Labor's out of ideas it resorts to form – taxing Queenslanders to pay for their budget mismanagement."

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LNP :  Liberal National Party
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