Ummmmm... CPI was nearly 8% 18 months ago... It's now 3.6%. I'd say it's done plenty...
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Anthony Albanese - How long? -2-
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At some point it doesn't actually do anything though. Retirees benefit from higher rates and we're an aging population.
If they need to take money out of the system they need a way to do that spread over everyone, as atm 40% or so of our people aren't feeling any pinch, in fact they benefit. They're buying cars and going on holidays. Another rate rise is going to do absolutely F all to inflation imo. Especially when costs from corporates are passed onto consumer, further fueling inflation...
I think this is an absolute load of racket
Rents/house prices up way more than 3.6%
Groceries way more than 3.6%
Health insurance seems to jump up double digits yearly
If something only went up 3.6% it'd be a win for everyone but it doesn't. Everything is going up way more than that
It's too hard for our incompetent politicians but a mandatory period where all employees had to put money into Super would have taken money out of the economy whilst helping people save $ for retirement.
They act like 'rate rises are all we have'. It isn't, it's all you cbf legislating
Temporary GST hike spreads the damage more than just those with a mortgage too. It's clearly not a great measure against inflation when only roughly 35% of people have a bloody mortgage
They act like 'rate rises are all we have'. It isn't, it's all you cbf legislating
Temporary GST hike spreads the damage more than just those with a mortgage too. It's clearly not a great measure against inflation when only roughly 35% of people have a bloody mortgage
You mean like they did on Tuesday when they kept them on hold? Or the 5 months before that when they did the same?
If you want to go and argue with the ABS be my guest...
Oh yeah, hundreds of thousands of businesses adjusting their payroll temporarily is so simple...
Has it been though? The expectation over the last few months is that there would be no change... Which is what happened...
They don't. It's just another fraud job, up there with consulting and the like.
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They accepted Jobkeeper payments pretty easily…. The payments that caused inflation.
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Oops recession…and even more wealth inequity
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Not financial advice
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Anthony Albanese - How long? -2-
Albo will stay PM for as long as Dutton is the leader of the opposition.
Albo will stay PM for as long as Dutton is the leader of the opposition.
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It speaks volumes about our country that our choice of leader is between these two.
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not everyone can live in danistan
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It's true that Dutton has jumped the shark with his frighteningly juvenile un-costed, un-researched, 3-page brain fart press release on swapping Australia to nuclear power.
But a reminder that the credentials of the Albanese government on moving away from fossil fuels remains untested beyond the rhetoric - like all previous governments they are captured by the fossil fuel companies:
"every single resources minister of the past 20 years has gone on to work for fossil fuels companies"
"The situation is so absurd we even ship some of our own gas back from overseas for domestic use"
But a reminder that the credentials of the Albanese government on moving away from fossil fuels remains untested beyond the rhetoric - like all previous governments they are captured by the fossil fuel companies:
"every single resources minister of the past 20 years has gone on to work for fossil fuels companies"
"The situation is so absurd we even ship some of our own gas back from overseas for domestic use"
with Dutton being a meme and Albo being pretty underwhelming, how many of us are going independent again next election ?
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