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‘Something is wrong with this place’: Kelty slams state of economy
Labor luminary and former ACTU boss Bill Kelty has slammed the quality of economic management in Australia, saying taxes and spending are too high, and there is “something really wrong” when living standards are falling at the same time commodity prices are booming.
Kelty let fly in a written submission to a parliamentary inquiry into legislation to manage the nationwide distribution of cash, which has been the subject of a lengthy row between the banks and Armaguard, which is two-thirds owned by Linfox.
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