A lack of long term solutions in a ‘soft’ budget

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He says blatant inequities such as the diesel fuel rebate for mining companies and the super tax advantages to the very wealthy should have been tackled.

This year’s budget appears to have been much much kinder to middle Australia, with families and small business coming out as apparent winners. But economist Richard Denniss says the ‘steady as she goes’ approach is more about gaining electoral advantage and addresses none of the economy’s real and looming issues.

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