The immediate effects of the abolition of the carbon tax on State government revenues were factored into the mid year update issued by the previous government in February and subsequently ticked off by Treasury as part of its pre-election Charter of Budget Responsibility duty.

At that stage the Liberals knew they were across the line and didn’t bother updating their Plan for a Brighter Future to reflect reduced revenues.

It is now clear from this week’s announcement of a freeze in public service salaries aimed to save $50 million per annum that public servants have been selected to make up for the shortfall in government revenue arising from the abolition of carbon pricing.

Read the full article, Tasfintalk, here

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