While Morrison says he will not attempt an early election, the New Year is seeing the re- emergence of debate on issues such as border controls. It is pointed out that, while “Labor softened its asylum-seeker policy at its national conference last month by formally endorsing doctor-ordered medical evacuations off Manus Island and Nauru, it remains committed to boat turnbacks when safe to do so, offshore processing and regional resettlement.” But Morrison claims “they will abolish temporary protections visas and last year voted to end offshore processing as we know it in the parliament. And they had no clue what they had done’’
On 9 May my Commentary drew attention to the estimates for the budget and the economy in the next two years and suggested that these should be the starting point for assessing election proposals by the major parties. I repeat here the following table summarising the budget estimates.
At a time when in January the IMF revised down its global GDP forecast for 2016 from 3.6% to 3.4%, and also forecast a fall of 9.5% in non-oil commodity prices (after a fall of 17.4% last year), Treasurer Scott Morrison is justified in repeating his boast that today’s December quarter GDP increase of 0.6% (seasonally adjusted) shows Australia is continuing to grow well above the average in the OECD. In fact, the trend in GDP growth has edged up slightly since 2013.