As Treasury weighs consequential changes to negative gearing and capital gains tax, former CBA boss David Murray warns that Australia’s rising debt trajectory and inefficient public spending are creating a productivity "growth limit" that could lead to a financial crisis.

As Treasury weighs consequential changes to negative gearing and capital gains tax, former CBA boss David Murray warns that Australia&rsquo;s rising debt trajectory and inefficient public spending are creating a productivity "growth limit" that could lead to a financial crisis.

Join Michael McLaren on 2GB Afternoons for a mix of news, opinion, entertainment and fun from 12.00pm - 3.00pm, Monday to Friday.

You can contact the show on the text line 0460 873 873

Join Michael McLaren on 2GB Afternoons for a mix of news, opinion, entertainment and fun from 12.00pm - 3.00pm, Monday to Friday.
You can contact the show on the text line 0460 873 873

2GB Afternoons with Michael McLaren

2GB Afternoons - Highlights

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Audio highlights from Sydney's number one station.

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Afternoons with Michael McLaren

'Significant trouble' - Former CBA boss warns of economic spiral over debt and tax shifts

From its humble beginnings in 2012 to high-profile collaborations with the Foo Fighters, director and co-founder Dan Hampton shares how staying true to local roots and "sessionable" liquid helped this inner-west brewery survive a shrinking market and fierce international competition.

From its humble beginnings in 2012 to high-profile collaborations with the Foo Fighters, director and co-founder Dan Hampton shares how staying true to local roots and "sessionable" liquid helped this inner-west brewery survive a shrinking market and fierce international competition.

'Authentically alternative' - How Newtown startup Young Henrys cracked the tough Australian beer market

Listen to the full show podcast with Michael McLaren

Listen to the full show podcast with Michael McLaren

Afternoons with Michael McLaren - Friday, 27th February

Michael McLaren warns that government "addiction" to high taxes on legal products, like tobacco, inevitably drives consumers back to the black market and fuels organised crime.

While advocates argue that legalising illicit substances will dismantle criminal networks, recent international failures and the thriving black market for heavily taxed tobacco suggest that "regulating" the trade may only exchange one crisis for another.

Michael McLaren warns that government "addiction" to high taxes on legal products, like tobacco, inevitably drives consumers back to the black market and fuels organised crime.
While advocates argue that legalising illicit substances will dismantle criminal networks, recent international failures and the thriving black market for heavily taxed tobacco suggest that "regulating" the trade may only exchange one crisis for another.

'Significant trouble' - Former CBA boss warns of economic spiral over debt and tax shifts

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