Treasury Briefing

Treasury in their briefing to the Government have made a strong case for reductions in both the individual and company tax rates.

They also have pointed out the awful effect of high effective marginal tax rates which have reached 90% under Labour.

On the other side of the coin, Treasury has also said that the quality of services the public has received has been dubious, despite the significant increases in state sector spending.

What I did have to laugh at is Dr Cullen claiming that Treasury’s policies would lead to students having to pay more. Has he not noticed the 10% increases in fees voted by Victoria University last month?