Shorten's "magic pudding" economics won't work: Bernardi

October 12, 2018

Conservative Party leader Cory Bernardi says he is seriously concerned at the prospect of a Shorten Labor government winning power at the next federal election.

Senator Bernardi says Labor is promising high business taxes, a wind back of penalty rate reforms, capital gains tax and negative gearing changes which have the potential to destroy the Australian property market.

He's told 2GB's Luke Grant the only way to make sure whichever government holds power in the House of Representatives, you need to vote for Conservative Party senators in the Senate to take out a common sense insurance policy against govermment stupidity.

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