Economics 101

has not been passed by the Opposition. I never thought it would be. Their economic record in government has always been dismal. It won't be any better this time around. The problem is that they are still working on the Robin Hood version of economics - tax the rich and give to the poor. 
It sounds good in theory - the way communism sounds good in principle.  The problem is that it doesn't work.  Human beings don't function that way. 
If you work hard and succeed then most people want to keep as much of that as they can. It isn't necessarily greed. Some people are planning for the future. They will save for the deposit on a house. They will go without other things to get there.
A piano tuner of my acquaintance has been self-employed all his life. He's a bit of an odd-bod I suppose. He is most definitely a bachelor. The idea of living with anyone else appalls him. His childhood might explain that. Over the years he has acquired three houses. He also has money invested for his old age. He has tried to be responsible. 
He is also extremely generous with his time and, while careful, financially supportive of others.
The likely incoming government will, if their policies go through, likely wipe almost all that and eventually leave him on the age pension. He's not happy. I wouldn't be either. 
One of his fellow piano tuners has been in almost identical employment and life circumstances and is now getting a pension because he didn't save.  There are many more like him. 
The problem of course is that either the piano tuner helps to pay or the next generation has to pay - or they both have to pay - for someone who is essentially now getting more than their fair share. 
Of course not everyone could save. I recognise that. All sorts of things can go wrong in people's lives. Where someone has succeeded by doing the right thing though it does seem unfair.
The Opposition says it will get the "big end of town" to pay. That won't happen. We have already lost too much business off-shore. We are one of the highest taxing countries in the world. Taxation has limits - and I suggest our limit has been reached.
We need plans, workable plans, that will employ more people but there are none. There are plans to have greater control over the way businesses are run - and for the unions to have a greater say in how people are employed. That won't encourage enterprise either.
The plans of the Opposition are simply going to cause the economy to slow still further - in all likelihood go backwards.  But, it means a little money in the pocket - enough for a coffee - now. Some people can't wait to save for their caffeine fix.