Act now or face more pain later

By Earl Jobling, Economics & Finance Lecturer, La Trobe University
May 21 2014 - 4:00am

IT WAS clear by comments of the Prime Minister and senior ministers over the course of the last week that austerity was in the air, and the Treasurer’s speech last Tuesday affirmed that Budget 2014 is all about austerity. We were primed for a tough budget, and a tough budget is what we got. 

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