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Former NSW Labor Treasurer Michael Costa says the more he sees the Albanese government's economic policies “the more disturbed” he is getting.
Mr Costa said rather than putting the Whitlam government on a “pedestal” Australia needs to go to the more “economically progressive Hawke government”.
“The more I see of this government's economic policies the more disturbed I’m getting,” he said.
“He’s got Bowen increasing the cost of inputs and he’s got Tony Burke destroying all the labour market reforms of the Hawke government.
“This is going to end up in welfare capitalism … it’s going to be an economic disaster.”