The average punter spends tax cuts on more useless trinkets. The Tax base in Australia is too small to support less tax. I agree infrastructure spending is the way to go. I don't think the AUD will crash as its at about the right level although from an overseas holiday perspective I loved it when our dollar was worth more than the greenback several years back.
Tax cuts mean that the average battler will not only afford a trip to Bali or even Thailand but also upgrade their accommodation. Big injection to our Northern neighbours. People will also buy the latest mobile phone, tablet or 8k TVs. More money overseas.LOL, good observation. Half of Perth goes to Bali for their school holidays, my friends who live there said almost half their kids primary school class was going to Bali next week - amazing.
Money should have been spent on infrastructure jobs in the regions.
If the AUD crashes then it might encourage people to holiday at home again.
So between the two of you, you are saying the average Australian middle class and lower doesn't deserve tax cuts because they don't know how or are too stupid to spend it in ways that is right for the economy? Meanwhile Don keeps posting how the lack of pay rises are the end of the Australian economy as we know it.
So what is it?
They either don't need more money in their pocket or they do need more money in their pocket?
If you are saying they cannot spend it in a sensible way, then why not take more money off them as they obviously don't deserve it!
Perhaps then just give the tax cuts to the upper class, at least they will spend it in the economy renovating their home, putting in a pool, buying new toys, investing, all of which generate jobs in some way shape or form.