Shadow Treasurer Angus Taylor says the Labor government needs to limit spending and work more closely with gas companies to tackle the gas crisis.
“The most important thing is to spend every dollar of taxpayer money as if it were your own: $ 45 billion in out-of-budget spending is not what you need. It’s not what you need right now. You’re adding fuel to the fire. huge inflationary and interest rate pressures. “
He noted spending outside of Labor’s budget on rebuilding the East Coast’s electricity transmission network, which he said was not recommended by the Australian energy market operator.
He then said, however, that Snowy Hydro 2.0, which was part of that network, should be funded as it was a project recommended by AEMO.
He said the previous government spent more during the pandemic with a “targeted approach” and that the Labor government should now be more sensible with spending.
“It’s time to dump her and move on. You can’t control the Reserve Bank and you shouldn’t try it, but you can control what the government has in its hands and that’s taxpayers’ money and treating them with great respect is the key now, “he said. Taylor.
On the need to work with gas companies, he said Labor had demonized the gas industry, saying the Labor Party wanted to “ban barbecue”.
“The important thing is that demonizing gas is not the answer. We had sitting members of the Labor Party who wanted to ban barbecues before the election, this is not necessary,” Taylor said.
“There is no doubt that there were many throughout the Labor Party who were demonizing the gas industry.”