As far as i see it Australia has 3 choices
1) Slash expenditure, close to impossible with a strongly growing population (new roads, hospitals, schools etc)
2) Raise tax 'revenue' through increased rates or new taxes (from whatever source).
3) Increase tax 'revenue' faster than expediture through growth ( ie grow the economy without relying on an increasing population).
I.m not sure any of the politicians have the stomach, will or ability to do any of those choices.
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