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Features Australia

Running on empty

Labor and the Coalition have both drained our coffers

2 September 2022

11:00 PM

2 September 2022

11:00 PM

Although in office for a little more than 100 days, Treasurer Jim Chalmers has already been criticised in some quarters for laying blame for Australia’s economic troubles at the feet of the former Coalition government. He is not entirely wrong to do so.

The period the Coalition was in office, even allowing for pandemic-related spending, could hardly be characterised as the golden years of fiscal restraint.

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Daniel Wild is Deputy Executive Director at the Institute of Public Affairs

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