While partisan debates over the Middle East war dominate politics, most Australians see it as 'over there'. However, Treasurer Jim Chalmers warns that rising oil prices due to the conflict could directly impact the domestic cost of living. He cited potential GDP reduction and CPI increase if oil prices remain high.
Angry, accusatory partisan exchanges over the Middle East war have dominated federal politics this week. But for most ordinary voters the issue remains "over there".
RBA deputy governor defends private briefings with banks, says oil price isn't a 'top-three risk' right now Nothing is certain about the coming months but the potential implications are obvious. Consumers would feel the effects at the petrol pump of the higher oil prices. Except among some of those directly invested, the Middle East crisis is not likely to be a vote changer.
If the Coalition didn't vote for the bill, that would show it would sell the NBN, Labor claimed. It was a crude attempt at scare politics, easily seen through. The Coalition is not suggesting it would sell the NBN and if it did, would most people care? Anyway, originally Labor planned for the NBN to be privatised. Mr Dutton ridiculed the tactic.
Mr Albanese told caucus he was focused on winning majority government. Mr Dutton knows that if the Coalition can't win, the more crossbenchers it can force Labor to rely on, the more unstable a second-term Labor government would be.Key items on Labor's legislative agenda aren't just not introduced, they are unseen – for instance, on gambling advertising, social media restrictions for young people and electoral funding.
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