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  • Written by The Conversation Contributor

In response to the government’s pre-election budget, Labor’s Shadow Assistant Treasurer Andrew Leigh, a former professor of economics, describes an alternative economic plan.

Leigh tells Michelle Grattan that a Labor government would have delivered a budget that faced down Australia’s big economic challenges.

“They include declining living standards: income per capita in real net terms has declined 4% since the government came to office; flagging innovation, which has seen too few Australian firms develop ‘new to the world’ innovations; and rising inequality where the gap between rich and poor now is as high as it’s been in three-quarters of a century,” he says.

Authors: The Conversation Contributor

Read more http://theconversation.com/politics-podcast-andrew-leigh-on-labors-budget-reply-58989

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