Poor old Malcolm Turnbull. Made his millions in the “big end of town” and is now forced to dump on said end of town.

SHADOW treasurer Malcolm Turnbull has turned sharply on the Business Council of Australia, discounting its criticism of the former government’s budgetary record by saying it is just representing the “big end of town”. He said the BCA in its budget submission was “speaking on behalf of its own constituency”.

And then poor old Malcolm is forced to utter this utter lie and pretend he believes it.

Mr Turnbull said “you’ve got to remember the BCA… speaks for big business, the big end of town… . And it objects to the fact that a large part of that bonus from increased profits from the corporate sector was redistributed by the Howard government to the battlers, through lower taxes and through family tax benefits.”

“Redistributed”? That sounds positively Marxist, Malcolm. Too many lattes for you. And that’s on top of the fact that taxes rose in real terms under John Howard and family tax benefits are completely non-means tested middle class welfare.

Oh, and then there’s this.

LOW-paid workers are slipping further behind those on higher incomes, fuelling concerns about growing inequality in Australia.

[…]

In industries such as hospitality, wages grew 3.3%, while in retail trade they were up 3.5% and in basic clerical positions and sales the rise was 3.6% over the year to last September.

That compared with a 4.2% increase across all occupations for that period.

Over the past decade the gap has continued to widen.

[…]

Minimum wage recipients are now on about 54% of overall median weekly earnings, compared with about 62% a decade ago.

Just remind me again who was in government over the last decade?