Australian small-business costs fuel criticism of Labor's economic policies

Angus Taylor claims 46 Australian businesses go bust each day, blaming Labor for higher taxes, interest rates, power bills, rents and insurance costs. He proposes cutting government spending, scrapping Net Zero and axing taxes on capital gains and trusts. On November 1, 2026, another critic predicted a Reserve Bank rate rise to 4.85 percent and argued that government spending fuels inflation.