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Labor election pledges whole greater than $300 billion: Frydenberg

Treasurer Josh Frydenberg says his best worry is that if Labor wins the election, they are going to revert to their “natural instincts to tax more and to spend more”.

“Instincts that were on full display when they thought they had the election in the bag last time,” Mr Frydenberg mentioned.

“When you go to their national platform, it spells out increased spending on aid, increased spending on paid parental leave scheme, increased spending on childcare.

“We have totalled up the cost of that increased spending – it’s more than $300 billion.”

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