Labor just can’t manage money. Just 4 years ago, Labor inherited a Government with no debt – it actually had $70 billion in net assets. Julia Gillard and Wayne Swan, through their wasteful and reckless spending, are now on track to rack up a record debt of $136 billion – in the middle of a mining boom!

The Labor Government’s daily interest payments are now nearly $20 million a day! The result is increased taxes, cuts to family benefits and a lack of business and community confidence.

As ordinary Australians face real challenges to meet the cost of their household bills, Labor continues to waste money.

Labor’s economic mess is hurting Australians now and will cost us for generations.

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