QUEENSLAND'S Bligh Labor government will slug miners and axe public-sector jobs in a high-risk re-election pitch to accelerate the return of the state's battered budget to surplus in the next term of parliament.
With a state election looming, Treasurer Andrew Fraser yesterday unveiled a mid-year budget update that downgrades predicted growth in Queensland this financial year, but brings the state's coffers back into the black by $60 million in 2014-15 - a year earlier than originally forecasted.
Just a day after Opposition Leader Campbell Newman warned that the government was facing "bankruptcy", Mr Fraser moved to reset the economic debate of the phony campaign by lauding a $1.2 billion cut in this year's predicted deficit and taking on miners and the public-sector unions .
The Australian
No comments:
Post a Comment