The Australian Greens have reacted to the release of the Mid-Year Economic and Fiscal Outlook (MYEFO) by calling for an end to the panic about debt in favour of a new focus on how to raise revenue to fund services and jobs.
“Now is not the time to be talking about spending restraint because of a panic on debt,” said Greens leader Senator Christine Milne.
“The old parties wasted the resources boom,” Milne said. “A serious look at raising revenue is necessary to address subdued unemployment, an ageing workforce and increased demand for services.”
- Listen to Milne (12m)
Text of media release from the Australian Greens.
End panic on debt and let’s talk about revenue and jobs – Greens
Responding to the release of the Mid-Year Economic and Fiscal Outlook, Australian Greens Leader Christine Milne has warned against deep budget cuts and says the focus should now be on how we can raise revenue to spend on public services and the infrastructure of the future.