03-August-2010
Portfolio Media Releases, Health, The Economy, Funding
Julia Gillard is raiding Medibank Private to pay for her reckless spending spree – announcing she will order Medibank Private to make a one off dividend payment of $300 million to fund her latest round of irresponsible promises.
Taking $300 million out of Medibank Private can only have one result – higher health insurance premiums for families.
Labor is again adding to cost of living pressures. Once again, Labor just doesn’t get it.
If ever there was a warning bell to Australians about the cost of another term of Labor, this raid of Medibank is it.
It is a pivotal development in the campaign.
Australians now have a real choice. We either live within our means, or we decide to go down Labor’s spend and tax, debt and deficit route.
It is also a Federal Government demonstrating that is has caught the State Labor disease.
Pillaging public infrastructure is exactly the template used by incompetent State Governments in NSW, South Australia, Queensland and Tasmania to prop up their wasteful spending instead of maintaining their infrastructure properly.
This is why electricity and water prices have sky rocketed – ten years of big dividends, but no renewal of the infrastructure.
Media: Sam Fairlie-Cuninghame 0438 285 780