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The thing to look for is the “fiscal strategy”. For the past quarter-century, it’s provided a surprisingly accurate insight into what each budget is doing.
Federal Treasury has ramped up scrutiny of family trusts, revealing the growing number of people receiving income from the tax-friendly vehicles.
Governments once were politically rewarded for keeping a tight lid on the size and cost of government.
The release of the Intergenerational Report has been accompanied by a level of intellectual preening from the treasurer, who hopes one day to be leader.