
Josh Frydenberg’s pea-and-thimble budget is worse than it looks, even more cynical than it appears – and a budget that headlines a $420 “tax cut” this year to hide a $1500 tax increase the following year looks very cynical indeed.
What’s tucked away in a single overlooked chart is the Treasury’s forecast that our economic recovery, the one supposedly “leading the world”, hits the wall next year.