ABBOTT’S MISLEADING CLAIMS ON CONSUMER CONFIDENCE

The Australian economy is still suffering from Tony Abbott and Joe Hockey’s incompetence.

Tony Abbott today claimed consumer confidence is up:

The ANZ confidence index is up over three per cent. The Westpac confidence index is up over six per cent.” 

TONY ABBOTT – QUESTION TIME – 25 MAY 2015

At the 2013 Federal Election consumer confidence was recorded by Westpac at 110.6 – it is now 102.4

At the 2013 Federal Election consumer confidence was recorded by ANZ at 122.3 – it is now 111.3.

Australians desperately want a plan for the future, but we all know this Prime Minister only has a plan for his future.

This year’s Budget is just last year’s Budget re-packaged to save Tony Abbott and Joe Hockey’s jobs.

The worst elements of last year’s Budget are still in this year’s Budget and they will continue to hurt confidence.

The $80 billion cut to schools and hospitals, cuts to family payments, $100,000 degrees and a GP Tax by stealth are all in this year’s Budget.

Only Labor has a plan to invest in Australia’s future by investing in science, technology, engineering and mathematics (STEM).

Only Labor will create the jobs of the new economy and only Labor has a plan for a smart, modern and fair Australia.