Another Canberra Talk Fest

OPINION PIECE

More than three years in government, and Labor still doesn’t have any real plans to positively grow the economy.

Last week, a hand-picked group of government, union, business and industry figures gathered for a three-day economic forum to supposedly chart a course for Australia's economic future. It was billed as a big deal, a national conversation. But even before it began, the chaos was showing. When Treasurer Jim Chalmers launched the forum, he declared “everything was on the table” and all ideas were welcome. Days later, the Prime Minister walked that back, pouring cold water on expectations and adding caveats. Right up to the day of the event, invitees were unsure of their role or what was actually going to be discussed.

And what was the outcome? From where I’m standing, not much. Or at least, not much that will help the average Australian.

Across Dawson, people are telling me every day that rising power bills, increased taxes, and climbing cost of living expenses are biting hard. Locals are feeling the pressure. While Labor’s economic forum in Canberra went around in circles, families and businesses in North Queensland need real action.

The reality is, that since Labor took office in 2022, our economy has been sliding. Inflation is still eating into every household budget, productivity is falling, debt is ballooning, and a wave of quiet tax hikes is washing over us.  Government spending remains out of control, and there is more waste than a sewage treatment plant. Instead of leading with vision and responsibility, Labor seems out of ideas only months into their second term.

And when they’re out of ideas, they reach for one thing. The Australian wallet.

We've already seen it. A proposed new tax on super and unrealised gains. A luxury car tax that somehow includes utes, not exactly your average status symbol. And of course, the fuel excise is back on the rise. Oh, the forum did, however, come up with the idea of a road user’s charge.

This government doesn’t have a revenue problem. It has a spending problem.

Raising taxes doesn’t grow the economy; it shrinks it. If we want true tax reform that drives productivity and prosperity, we need to be cutting taxes, not increasing them. More money in people’s pockets means more spending on goods and services.

This drives business growth, job creation, and yes, ultimately higher tax receipts from a larger, more active economy.

When the treasurer announced the outcomes of the forum, not one word was mentioned about energy; not one word was mentioned about small business; not one word was mentioned on driving down uncontrolled immigration; and not one word was mentioned on reducing taxes, only creating them.

The current government does not care about the Australian household budget. They only care about headlines that will deliver them the votes to keep their jobs.

Australia doesn’t need more forums. It needs leadership with a serious plan for economic growth.

Andrew Willcox
Federal Member for Dawson, Shadow Assistant Minister for Manufacturing and Sovereign Capability

‍