‘Wrong priorities’: Shadow finance minister attacks upcoming federal budget

Shadow finance minister Jane Hume has lambasted the Labor government ahead of its budget announcement on Tuesday, taking aim at Treasurer Jim Chalmers's areas of investment focus.Shadow finance minister Jane Hume has taken aim at the Albanese government’s budget preparations and has warned against potential fiscal missteps in a scathing critique of Labor's economic outlook.

Shadow finance minister Jane Hume has said Australians are paying the price for poor Labor policies. Picture: Sky News Australia Mr Chalmers has hinted at an impending surplus in the budget but Ms Hume asserted any gains touted by the government are merely a byproduct of external factors. Bracket creep will supposedly deliver greater tax revenues to the government as low- and middle-income earners are pushed into higher tax brackets as inflation rises but tax brackets remain stagnant.

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Coalition to oppose ‘sophisticated investor’ overhaul, says shadow finance minister Jane HumeLabor is grappling with backlash from the start-up sector over calls to limit access to venture capital to investors worth more than $4.5 million.
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