The monster budget is coming, the one which, in a single blow, will make all the political debate since the federal election seem like an episode of Seinfeld, the show about nothing.
The strange thing is, as the government prepares its first budget and has set up the National Commission of Audit to prepare the way, one of the biggest, most dysfunctional, most wasteful and most misguided proposed programs has not even been mentioned. You could say it remains submerged.
Not a word has there been about this gold-plated, $30 billion sinkhole. The only sign that the Abbott government is preparing to confront this impending, unaffordable, inexcusable financial black hole was its announcement that former federal MP Sophie Mirabella was joining the board of ASC Pty Ltd, formerly known as the Australian Submarine Corporation.
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