As the parliamentary year draws to a close, with speculation that an election will be called as early as March next year, a burning question comes to mind.
Anthony Albanese has spent the past two and a half years with his head in the culture wars rather than focusing on Australians' economic wellbeing
Underlying inflation figures – the number once government subsidies are taken out of the equation – released this week show that groceries, rent, gas, insurance, among other things, are more expensive, meaning an interest rate cut won’t be coming any time soon. In Australia, 40C days mean a normal summer and I should be able to turn the air-conditioner on if I need to.If a first world country cannot supply enough electricity for times when there is peak demand, well, as Chris Uhlmann put it, we are on a pathway to poverty while Bowen and his cronies conduct an experiment with the most essential of services, and destroying arable land and forests in doing so.
In fact, Deloitte predicts the deficit will grow in 2025-26 to $46.8 billion, $6 billon worse than Treasury projections and this is driven in no small part by government spending, which as Reserve Bank Governor Michele Bullock pointed out, is adding fuel to the inflation fire.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is Labor using student debt relief to buy the young vote?Today’s letters.
Read more »
‘Profoundly unfair’: Coalition attacks Labor’s HECS debt cut planAustralia will go to the polls with Labor proposing to slash student debts by 20 per cent and the Coalition lashing it as a burden on the rest of the country.
Read more »
‘Profoundly unfair’: Coalition attacks Labor’s HECS debt cut planAustralia will go to the polls with Labor proposing to slash student debts by 20 per cent and the Coalition lashing it as a burden on the rest of the country.
Read more »
‘Profoundly unfair’: Coalition attacks Labor’s HECS debt cut planAustralia will go to the polls with Labor proposing to slash student debts by 20 per cent and the Coalition lashing it as a burden on the rest of the country.
Read more »
‘Economically irresponsible’: Labor accused of ‘inequity’ over plans to shift $16 billion student debt to taxpayersLabor has attempted to shift $16 billion of debt from university students and onto taxpayers with the controversial policy set to become a key election issue.
Read more »
LNP exposes Labor’s ‘hoax’ hydro project costing triple original estimatesThe LNP has exposed Queensland Labor’s blown out hydro plan as a “hoax”, revealing it would cost more than triple the original estimated budget after it was announced in 2022.
Read more »