Shadow Treasurer Ted O’Brien to make tax cut pitch to young voters

ABC NEWS (Australia)

Deputy Opposition leader Ted O’Brien will unveil the Coalition's key economic principles in his first Press Club address as Shadow Treasurer. Mr O’Brien hopes sensible economic management will win back young voters who abandoned the coalition at this year's federal election.

Transcript

00:00This is Ted O'Brien's first real chance to put a stamp on what he's going to be as Shadow

00:07Treasurer. We're not expecting any big flashy policies today, noting that the next election

00:13is still a long way away, but it's a real signal of a return to core Liberal principles

00:18after the Coalition opposed tax cuts at the last federal election. Now, we already know

00:25that there's going to be Coalition tax cuts proposed at the next election, and Ted O'Brien

00:30says that they're crucial in giving some relief to bracket creep, which he says is an assault

00:37on the next generation of workers. Now, when we talk about that return to core Liberal principles,

00:43it's reducing government spending, it's growing the economy. We'll wait and see exactly what

00:48he has to say about how he'll achieve that, but that's the tenet of what Ted O'Brien's

00:54going to be talking about this morning. Now, across News Channel already today, we've seen

00:59Jim Chalmers, the Treasurer, not let that go unchallenged. He's out on the front foot. He's

01:04done modelling on Liberal promises that have already been announced, including a rise in

01:10defence spending, and he says that that would be unaffordable for the nation's budget. So,

01:15we'll wait. There will be a contest of ideas on the economy today. We've, of course, got

01:20inflation data coming out in the next hour or so, so it'll be an interesting day on the

01:24economy, and we'll wait and hear exactly what Ted O'Brien has to say later today.

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