Budget cuts needed after $1b blowout in business registry revealed

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Labor will need to make additional budget cuts after uncovering a $1 billion blowout in the Coalition’s signature program to consolidate business registries.

Labor is warning it will need to make additional budget cuts after uncovering a $1 billion blowout in the Morrison government’s signature program to consolidate business registries.Financial Services Minister Stephen Jones said the cost of the federal government’s $480 million program to consolidate 30 separate business registries into one had blown out to more than $1.5 billion.

“They either knew about it and kept it from the Australian people, or they were so monumentally incompetent not to know that a major project [wasn’t going well],” he said. The modernising business registers program was announced in the 2018-19 budget, with then assistant treasurer Mr Robert saying the existing array of multiple registers imposed a heavy burden on businesses trying to find information and meet their obligations.

 

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Bulltish what a labor scam

stage 3 tax cuts are right there

Nope. Not if they start clawing back the $40 billion of JobKeeper given to profitable buisness by the previous govt. $40 billion. That's waste and debt on a monumental scale

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