Fool’s Gold

My local member, Wayne Swan, calls the $600.00 Family tax payment Fool’s Gold and goes onto say;

It’s not real – it disappears. What we’ve put in place is the biggest welfare-to-work package in history

Something else that may disappear is the $1.6 Billion of accrued and future non-resident super payments that is a big part of the ALP’s funding formula. Largely backpacker funded, these backpackers are increasingly likely to claim the money back. It is, after all, their money and in my travels I meet few backpackers that aren’t money driven. The Tax Office has even started a campaign to remind them the money is there and theirs for the taking and they have until age 65 to claim it. Now that’s disappearing fool’s gold Simon Crean makes a long awaited appearance and blows it by stating nine out of ten will be better off. Oops – I mean seven out of ten. The nine or seven isn’t that important but Simon’s credibility stocks, not high to begin with, will suffer as a result of his lie. By the time the backpackers claim their money it will be?Oops, I mean two out of ten. Best go back in your hole, Simon Is someone counting Labour’s lies or has the media placed that subject out of bounds. Although I wouldn’t call the ALP’s mistake a lie, under the ‘Bash Howard’ rules it is. Maybe a collective of “40 prominent Accountants” could write to the press denouncing Latham’s Lies! Just joking.