Prime Minister Malcolm Turnbull has used a major speech to renew pressure on Labor to pass budget savings in the new parliament. Mr Turnbull has outlined more than 6 billion dollars worth of savings that Labor indicated during the election campaign it could support. He has welcomed the news that the credit agency Moody's has again given Australia a triple-A credit rating. But he has warned the budget-cutting measures need to pass to ensure the credit rating is retained. As Yin Wu reports, though, the Opposition says Mr Turnbull is trying to force agreement without any discussion or compromise.
Prime Minister Malcolm Turnbull has used a major speech to renew pressure on Labor to pass budget savings in the new parliament. Mr Turnbull has outlined more than 6 billion dollars worth of savings that Labor indicated during the election campaign it could support. He has welcomed the news that the credit agency Moody's has again given Australia a triple-A credit rating. But he has warned the budget-cutting measures need to pass to ensure the credit rating is retained. As Yin Wu reports, though, the Opposition says Mr Turnbull is trying to force agreement without any discussion or compromise.
