" head of treasury has come out and said we have an economic emergency (about bloody time ).. "
Is this statement fact?
Please provide the link.
Australia can't afford to be complacent about its high ranking credit rating, the head of Treasury has warned.
"We should not be complacent about this."
Mr Fraser made the case for the federal government to embed savings that can be sustained over the longer term to reduce the budget deficit.
"Simply increasing the overall tax burden to raise more revenue is not the answer," he said on Thursday night.
Mr Fraser steered clear of questions about whether or not the GST should be raised.
But Australia couldn't afford to shy away from overhauling competition policy and improving productivity as well as tackling tax reform.
https://au.finance.yahoo.com/news/treasury-head-warns-aust-credit-203108963.html
I agree with Fraser,but lets make haste slowly,so we get it right.
Raider
