Jim Chalmers thinks Australian voters will cop big things done slowly and little things done quickly, but not big things done quickly or little things done slowly. This is the treasurer’s theory of governing.
Chalmers made a serious attempt last year to tweak the stage-three tax cuts. The treasurer’s first significant budget repair foray was authorised, but then curtailed, by a prime minister who didn’t want to get bogged down in a public slanging match with Peter Dutton about broken election promises only a few months into a new term. Albanese’s verdict on stage three, round one, was too much, too fast.