Krutham MD Peter Attard Montalto joins the Money Show with Stephen Grootes on 702 to discuss SA’s budget impasse.

“Several parties, not just the DA, have made it clear since June last year that they would not support tax hikes. I don’t think you can then randomly bring a proposal to cabinet on the morning of the budget and expect an approval. This was a significant miscalculation by the finance minister and the resulting volatility reflects the consequences of that decision,” says Attard Montalto.

Listen to the full clip below.