Revenue crisis means government must ditch surplus: Bandt

Government accounts released today, detailing a massive shortfall in mining tax revenue, require the government to ditch its surplus straight jacket, says Acting Greens Leader Adam Bandt MP.

"An early political surplus is now a fool's errand," Mr Bandt said.

"There is a growing revenue crisis in this country."

"Unless Labor is prepared to take on big business and fix the mining tax, the only way of reaching an early political surplus is to make massive cuts that will hurt people, small business and the economy."

"The Greens are prepared to work with Labor to raise the revenue we need to fund the services Australian expect."

 20 December 2012