Another problem with the Australian political scene is the ignorance of electors. Economics is a complex study and few people in the community can understand the issues. Yet economic statements by political parties requires a great deal of knowledge to critique them.
The problem is made worse by practises such as the Liberal-National parties refusal to release their proposed policy costings until its too late to analyse them. Why would they do that, if all the promises have been properly costed.
My guess is that it is impossible for them to do what they say they will do, that is, to reduce taxes, and at the same time increase benefits to the general community. So some promises will be broken and the excuse will be the same old excuse - the previous government was deceitful and had not accurately reported the true financial. Well that may be so, but in the end the financial reporting of the nation is supposedly in the hands of the impartial and independent Treasury, Finance Dept and Reserve Bank. They should be required to publish annual reports that are independent of the government. Butg I guess that is never going to happen, because western governments are not truly democratic and have little interest in reporting the truth to their theoretical masters (the people).
IF the topic matters to anyone (and, it should to Australians) read the Fairfax's Ross Gittin' opinion on Abbot' financial promises in todays Fairfax newspapers.
See: http://www.smh.com.au/business/why-taxes-would-rise-under-abbott-20130901-2sytp.html
So Tony Abbot's vote buying will be paid for in the end, by? Who else but the taxpayer. So these govt. programs are just a way of distributing income away from the thrifty and sensible to the wasteful, profligate and stupid.
Of course, the plain facts apply to the Labour side - will they also increase taxes? You bet, if buying votes is important to them!
BTW: I love Gittins' introductory sentence:
"Election campaigns have become works of fantasy where, to enter the spirit of things, you have to suspend disbelief. "
Yup! Political party promises are not different to the promises of the Governing Body (the JW one, or the Catholic one, or any) when they promise that if you work hard for them, then you will have a wonderful reward in the future.
BULLSH*T