Pretty happy with Shorten’s budget response. A more progressive approach to increasing the Medicare Levy, and maintaining the budget┬ádeficit┬álevy are both good moves. There’s also zero justification for the company tax cuts proposed by the Liberals, so happy to see opposition to those.

The idea of a cap on the deduction for managing tax affairs is a good one, but they could (and should) take this further and extend a cap on a wide range of deductions, which would go some way to reducing the unfairness in the system.