PATTRICK SMELLIE: Labour’s election recipe: cautious populism

Wed, 09 Sep 2020

On Monday, the prime minister – in her role as Labour Party leader – promised a public holiday.The workers will be happy.On Tuesday, she announced that bank charges on eftpos machines would be regulated.Small business owners and retailers will be happy.Today, her finance minister announced perhaps the smallest tax policy ever unveiled by a Labour Party, taking a faint dab at the top 2 percent of income earners, most of whose houses and share portfolios have shot up in value this year and will remain untaxed anyway.The calculation is...

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