They Keep Spending, Rates Keep Rising
The Albanese government flatly refuses to admit it is driving up inflation and interest rates.
The Albanese government flatly refuses to admit it is driving up inflation and interest rates.
Economic credibility is hard to earn. Once lost, it is even harder to regain. Compare the PREFU with what was promised and it is easy to see why 44 per cent of us no longer have confidence in either of the two middling parties.
The superannuation industry is trillions of dollars of other people’s money.
In an era where the public demands rigorous accountability and tangible returns on political spending, a dramatic performance is simply not enough.
Treasury has the deficit at $6.8 billion and next year within $0.8 billion of surplus. It says that is partly inflation lifting the tax take while spending allowances stay fixed, which is how Willis got there with no new taxes.
National side-steps the economic drivers they actually control.
We don’t need more taxes. And we surely don’t need to buy supermarkets. There’s a lesson in our education success. Let’s pick some major themes. Let’s develop a good plan and make good ministers and good executives responsible for delivering successful outcomes.
A 20 per cent SME rate is not a magic wand that will rebuild the country on Tuesday. It leaves more of the profit with the people who hire. Applaud that.
Australians are being driven out of home ownership – and families.
These are just a few examples demonstrating the impossibility of constructing a rational economic order based on socialist principles.