The basic story of Labor’s costings could be told in one graph, but because of their media incompetence I couldn’t find a square-on shot of it on the net on Sunday. Here it is from the AFR:

The story is really quite simple. Labor makes structural improvements to the budget which lead to larger and growing surpluses over the longer term. The Coalition’s company tax makes the budget progressively more difficult in the out years. Continue reading Labor’s costings go phut! →