Great ideas, these.
Peter Dutton would funnel 80 per cent of commodity revenue windfalls into two new Future Fund vehicles to pay down the nation’s $1.2 trillion debt bill and bankroll investments in regional Australia, as the Coalition ramps up its attacks on Labor’s big-spending budget and deficits.
The Opposition Leader on Thursday will unveil a centrepiece of his economic strategy to turn around Labor’s projected decade of rising debt and deficits and pledge to restore fiscal guardrails the Coalition accuses Jim Chalmers and Katy Gallagher of abandoning.