Prime Minister John Howard asserts that youth unemployment is one of the greatest social problems facing Australia. He would probably rightly say the same thing about unemployment in general. He further asserts that there are two elements to reducing unemployment: getting a freer labour market and getting sustainable economic growth. The latter, he asserts can only be obtained if the Budget is structurally balanced … that means in deficit during economic downturns and in surplus during growth periods.
These assertions have been made in the lead up to the second parliamentary session of his new government during which legislation for the Budget and for workplace reform go before the Parliament, in particular the Senate.
The Labor Opposition, the Democrats and the Greens have said they will oppose substantial parts of the workplace reforms and many cuts to spending programs that are not contained in standard appropriations Bills. If they are joined by one of two independents in the Senate on any measure, it will be defeated.
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