Malcolm Turnbull's economic record - is it really Tony Abbott's...

Malcolm Turnbull's economic record - is it really Tony Abbott's record?

Malcolm Turnbull is hardly going to win votes by spruiking the economic record of his predecessor. And yet he hasn't exactly made any headway on his own tax reform or budget repair agenda.

Part of the problem is that Turnbull and his Treasurer, Scott Morrison, have promised that any changes to the tax system would be revenue neutral; that it's all about improving the efficiency of the system.

That's all well and good, but it ignores the fact that we have a structural deficit; our long-term spending is out of whack with our long-term revenue. Fixing it will require spending restraint and raising more revenue, all the while convincing the electorate of the desperate need for change.

http://www.abc.net.au/news/2016-03-...-have-a-tough-sell-on-economic-policy/7280202