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Posted on 3 May 2016 4:06 pm
This is nothing new. Minister Hunt's giant leap in logic tied the "high price" 2013 model with Labor policy back in 2015 as well.
These are the same rehashed projections raised previously assuming a constant 2.5% CPI out to 2030. There were three models not just one. Of course picking the most expensive model is often the most productive.
It doesn't seem to matter that the 2013 modeling was done under the defunct Carbon Tax regime which the Minister now confounds with Labor's 2016 policy. The only tenuous connection is a similar emission target.
He isn't even aware that Labor's current policy is very much the same as PM Malcolm Turnbull's policy from 2009!
The $4900 figure seems to have lazily morphed into 'family incomes', from 'income per person' when originally it referred to 'the gross national income per person or GNI'. What hope is there in understanding the issue when politicians can't even refer to the dodgy figures correctly?
Just shows that the econo-babble not only confuses politicians but the public as well.
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