SERIOUSLY THE LIBS AND LABOR HAVE NO REAL ECONOMIC "PLAN" TO OFFER

There are many flaws in team Turnbull's election 2016 economic policy pitch to Australian voters,not least of which is the complete absence of any vision by the prime minister and treasurer Scott Morrison to proactively instigate much needed reforms to Australia's taxation system.

 

By all rights, Turnbull and Morrison should pay a considerable political price for their inaction on tax reform, but that said - Australian voters have every right to ask what Bill Shorten and Labor are offering in the way of tax reform which the prime minister and treasurer aren't. The answer is nothing.

 

Labor under Bill Shorten doesn't have the "progressive economic edge" on the government when it comes to economic policy in general.

 

What is Shorten offering as an alternative besides ill conceived and misguided changes to negative gearing which are very likely to actually have a negative impact on the housing market and housing prices, and a predatory policy to broaden, not decrease, the scope of capital gains tax?

 

CGT should be abolished and negative gearing policy should be left alone.

 

Turnbull and Morrison might be up shrub's creek on a few economic matters but that doesn't mean that Shorten and his would be treasurer Chris Bowen are offering anything better.