EDITORIAL: Election auction ignores the real challenge*

As Australia’s election approaches its climax, leaders of both the Coalition and Opposition are engaged in a frantic bid to win the votes of key constituencies through spending the multi-billion-dollar government surplus unveiled by Treasury before the election. This comment had to be written before the Opposition leader, Mark Latham, delivered his election speech, but even before then, he had committed a future Labor Government to spending more than $20 billion over four years, with the largest…

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