SYDNEY – Shadow Minister for Foreign Affairs David Coleman has slammed the Albanese Government’s handling of the economy, warning that escalating global trade tensions could push Australia into deeper economic hardship unless there's a change in leadership.
In a candid interview with 2GB’s Mark Levy this morning, Coleman accused the current Government of presiding over the "biggest decline in living standards in the developed world" and reiterated the Coalition’s commitment to restoring economic stability.
“If you need to put out a fire, you don’t hire the arsonist,” Coleman said. “These guys have done a terrible job and the Coalition will always do a better job of economic management.”
With growing concerns over a potential trade war between the US and China, Coleman outlined the economic risks posed by international tariffs and inflation, stressing that Australia needs experienced hands at the helm.
“This is not good news,” he said. “Trade wars increase prices and reduce investment. And the bottom line is that economic management is more important than ever.”
When challenged on specifics, Coleman highlighted key Coalition proposals, including halving the petrol excise tax to provide immediate cost-of-living relief and implementing a new policy focused on “Australian gas for Australians” to reduce manufacturing and household energy costs.
“This could cut residential gas bills by 7% and lower manufacturing costs across the country,” he said.
The Coalition also aims to revive stalled free trade agreements, particularly with the European Union. “We’ve got the runs on the board – from China, Japan, South Korea. We know how to deliver trade outcomes,” Coleman added.
Levy, however, pressed Coleman on the Coalition’s late policy rollout during the campaign. “Fuel excise – tick. Gas prices – tick. Apprentices and trainees – tick. But why are we hearing all of this now, halfway through the election campaign?” he asked.
Coleman defended the strategy, saying new policies are traditionally released during election periods and hinted more announcements are on the way.
He ended by praising Opposition Leader Peter Dutton’s performance in the leaders’ debate, saying Dutton offered “clarity and conviction” in contrast to what he described as Prime Minister Anthony Albanese’s “all over the place” approach.
With just weeks until the May 3 federal election, Coleman made it clear: “If we are successful, Anthony Albanese will not be part of the next Government – and that is a very positive thing for our country.”