More expenses for families and the people that suffer the most!
They need to enforce and keep the carbon taxes and mining taxes these cost the owners of the companies and effect the ultra rich billionaires who owned the mines see: Clive Palmer's outstanding carbon tax debt climbs to $2.68m | World news | theguardian.com , it would have had no to very little effect on most people. They could have easily absorbed the costs where as it's a lot harder for the man on the street. It's unAustralian to take from the poor just because you want to save the money of the megawealthy! It's not like bankers they couldn't do their work overseas the stuff is in our land they had to claim the earnings here. It was so stupid getting rid of the taxes that would have helped Australia
Sure we're in a lot of debt as a country but debt to GDP is not too bad, just over 50% and here's Australia's debt to GDP, as you can see most of it went up under Howard and started to come down under Gillard now it's going up again under Abbott, the Liberals are really bad at the thing they're meant to be good at:
Australia's net foreign debt (including all sectors) as a percentage of GDP since 1989
Have a look at the UKs:
Or Greece and the Eurozone average: