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Some guy named Angus Taylor has made a very poor case that One Nation will ruin the budget.
Angus Taylor has warned a One Nation government would create an “eternity of pain” for Australians and deliver even worse economic outcomes than the Albanese government, likening Pauline Hanson’s populist party to the Greens in his fiercest critique since becoming Liberal leader.
The Opposition Leader said One Nation’s unfunded policies would increase inflation, send interest rates 3 per cent higher, cost mortgage holders $20,000 a year, triple the debt, and cause a sovereign debt crisis requiring cuts to pensions and Medicare.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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