When denying the "suspicions" of the opposition about the budget forecasts, Treasury Secretary Ken Henry made two attacks on their current tactics. Firstly, their undermining of the public service was "unhelpful". In Yes Minister terms that equates to the strongest criticism.
His second point, though not directly mentioning his Liberal Party critics, touched on the irresponsibility of white-anting financial institutions such as the Treasury and the Reserve Bank at a time of financial crisis.
Fundamentally, what is driving weaker economic outcomes globally at the moment is fractured confidence. So anything that can be done to help restore confidence in real growth in the strength of the economy right at the moment, is valuable.The key people talking down our financial institutions in Australia are the Federal Opposition. Malcolm Turnbull must know the implications of this.
We can talk ourselves into worse outcomes; of course we can. People do; it wouldn't be the first time. But we don't have to...
Henry slams Opposition's manipulation claims