Finance minister rejects Costello claim the government has no economic narrative

The coalition talks about the economy constantly, Finance Minister Mathias Cormann says, rejecting a former treasurer's suggestion it has no economic narrative.

Senator Matthias Cormann and former federal treasurer Peter Costello

Senator Matthias Cormann and former federal treasurer Peter Costello Source: AAP

Finance Minister Mathias Cormann has rejected former treasurer Peter Costello's claim that the coalition lacks an economic narrative, saying it talks about the economy "day in, day out".

Mr Costello told an event last week the government was operating in a "parallel universe" by promising tax reforms in 10 years time, a sentiment with which Senator Cormann disagrees.

He says politicians are often criticised for taking a short-term view, but the government is looking further.

"We seek to make decisions that put Australia on the stronger trajectory for the future," he told ABC TV on Sunday.

"We seek to make decisions that have a beneficial effect over the medium and long-term."

The minister said the coalition discussed the economy "all the time".

"I talk about the economy, the prime minister, the treasurer, all of my colleagues. We talk about the economy, day in, day out," he said.

"Our economic mission is to deliver more jobs so that more Australians have the best possible opportunity to get ahead, and improve their living standards for themselves and their families."


Share

1 min read

Published

Updated

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world