Labor will continue efforts to make Australia’s tax system more progressive but will not countenance adopting a universal basic income policy to address rising inequality, according to Chris Bowen .
The shadow treasurer will use a speech to a progressive thinktank in Sydney on Friday to lay down some policy markers in the opposition’s internal debate about economic policy for the next election, highlighting the importance of innovation, education and targeted regional interventions to address disadvantage.
But he will also push back against internal and external calls to adopt muscular policies, such as a universal basic income, saying the concept is […]
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