Labor election pledges total over $300 billion: Frydenberg

Treasurer Josh Frydenberg says his biggest fear is that if Labor wins the election they will return to their

Treasurer Josh Frydenberg says his biggest fear is that if Labor wins the election, they will return to their “natural instinct to tax more and spend more”. “Instincts that were fully visible the last time they thought they had the election in their pocket,” Frydenberg said. “If you go to their national platform, higher spending on help, higher spending on paid parental leave, higher spending on childcare is mentioned. “We’ve added up the cost of that increased spending — it’s over $300 billion.” Treasurer Josh Frydenberg says his biggest fear is that if Labor wins the election, they will return to their “natural instinct to tax more and spend more”. “Instincts that were fully visible the last time they thought they had the election in their pocket,” Frydenberg said. “If you go to their national platform, higher spending on help, higher spending on paid parental leave, higher spending on childcare is mentioned. “We’ve added up the cost of that increased spending — it’s over $300 billion.”

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