'Bunch of drunken sailors': Sky News host Steve Price scorns Labor's 'crazy' spending as NDIS budget exceeds defence by a billion
Price said the Albanese government was rightly happy to have won the federal election, but now needed to get the country 'back on track'.
A report by the Centre for Independent Studies which found more than half of Australian voters rely on government for most of their income - through wages, benefits or subsidies - was proof of the major challenges ahead, he claimed.
'We have become a nation of leaners, not leaders, and I hate to say that,' Price said.
'We have continued to swamp the country with unprecedented numbers of migrants. We have workers relying on governments for their pay packets. That grows alarmingly.'
CIS economist Robert Carling warned such widespread dependence has fuelled unsustainable government spending and eroded economic resilience.
In a new paper published on Wednesday, Leviathan on the Rampage, Mr Carling warned federal spending alone has reached 27.6 per cent of GDP.
This was up from between 24 and 25 per cent of GDP in 2012-13 and has been fuelled by a 'program expansion in social services, defence and debt interest'.
'How can that be sustainable?' Price said.
'According to that report, spending is driven largely by a small group of programmes including - surprise surprise - the NDIS, Aged Care, Medicare and Defence. The NDIS is actually costing taxpayers more than what we spend on defence. How crazy is that? This year alone, $52 billion on the NDIS.
'Simply not sustainable.'
Australia's current defence budget is $51 billion.
Price said the Labor government was 'spending like a bunch of drunken sailors'.
According to the federal budget 2025-26, the NDIS recorded the second highest annual growth in major payments, behind only interest.
It has been projected to cost more than $64 billion by the end of the decade.
Meanwhile, the federal budget has been projected to endure a decade of deficits and surge past $1 trillion of debt.
The findings come just days after leaked Treasury advice revealed the Albanese government has been told to pursue 'spending reductions'.
Treasury said Treasurer Jim Chalmers would need to find 'additional revenue and spending reductions' to ensure a 'sustainable budget'.
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