AUSTRALIA: Shadow Treasurer Chris Bowen (Labor Party) Urges Party NOT to Support Universal Basic Income

AUSTRALIA: Shadow Treasurer Chris Bowen (Labor Party) Urges Party NOT to Support Universal Basic Income

Chris Bowen. Credit to Britta Campion

Shadow Treasurer of the Australian Labor Party, Chris Bowen who is the Opposition Minister for Government expenditure and revenue raising, delivered a speech to the progressive think tank PerCapita in Sydney on June 9th, expressing his resistance to the concept of a Universal Basic Income (UBI), despite the support within the Labor Party for such a policy. Bowen describes the UBI as a “terrible idea” and claims that the model would undermine the Labor Party principle of ensuring dignity through work in Australia. Bowen then makes another common argument against a UBI, that it […]

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