Federal Member for Rankin and Shadow Treasurer Jim Chalmers spoke at Logan Central this morning and said nearly 2.5 million Australians are at risk of being left behind by the mid-year budget update.
“Thanks for coming out to Logan today. I want to say something about the mid-year budget update which is expected tomorrow,” Mr Chalmers said.
“We expect to see in the mid-year update that some of the numbers and some of the forecasts will improve a little bit as a consequence of the reopening of state economies, and a substantially higher iron ore price than the Treasurer predicted.
“There have been welcome developments in the economy but we still have one million Australians unemployed, and 1.4 million Australians who can’t get the hours they need at work to provide for their loved ones.
“Something like 2.5 million Australians in total are at risk of being left behind by the Treasurer in his mid-year budget update.”
Mr Chalmers said the Government has racked up a trillion dollars in debt and doesn’t have enough jobs to show for it.
“Instead of cutting wages and cutting superannuation we need a comprehensive plan for those million Australians unemployed,” he said.
