Today in Question Time, our esteemed World’s Greatest Treasurer loudly let us know that he’s learnt a new phrase from his Treasury puppeteers.
“Horizontal Fiscal Equalisation”.
Now that he’s finally mastered the ability to repeat one 4 syllable and one 5 syllable word in the same sentence, Wayne wants you to know that he is a “strong supporter” of it.
Quelle surprise.
“Horizontal Fiscal Equalisation”…..IOW, flat-out, p*ssed and broke.
I must agree with Dave about the Goose who is our worse than useless Treasurer.
It is a big word:
Briefing Paper No. 21/2003 by John Wilkinson
Horizontal Fiscal Equalisation was originally devised as a principle for distributing federal government grants to the states and territories, but has now become the basis for apportioning GST revenue (pp.1-8)