gillard "labor"white elephants are multiplying

The citizen taxpayer is the loser.

There are two important areas (telecommunications and superannuation) where Coalition policies are superior. The government's plan to roll out high-speed fibre-optic telephone cable to the home is now estimated by most experts to cost $90 billion to $110 billion, compared with the government's latest guesstimate of $45 billion.

Equally bad is the government's decision to increase the compulsory superannuation levy from 9 to 12 per cent. The Coalition's promise to delay the increase to 12 per cent by two years is a better policy. Better still would be to drop the increase in the levy altogether.

Read more: http://www.theage.com.au/opinion/politics/dont-look-now-the-white-elephants-are-multiplying-20130526-2n50v.html#ixzz2UT7DZwJQ