Sky News Business Editor Ross Greenwood has assessed the federal budget and the impacts it will have for Australians now and in the future. It comes after Treasurer Josh Frydenberg delivered the federal budget on Tuesday evening.
Source: News Formal (newsformal.com)
Ross Greenwood spins. The govt controls the interest rate. Ross makes out that it was good trick. And thats why Ross Greenwood has no credibility.
Is this the same Ross Greenwood who complained about the debt and deficits disaster back in 2013 ? The same one that drummed up the scare campaigns of losing credit ratings ? He has no credibility.
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The Liberal Party ‘has not’ given up on surpluses: Frydenberg | Sky News AustraliaTreasurer Josh Frydenberg has told Sky News Australia is “recovering very strongly” following his budget address.\n\nMr Frydenberg delivered the budget on Tuesday night, and says it was “all about securing Australia’s economic recovery”.\n\n“Around half-a-million jobs have been created since last year’s budget – which was just over six months ago,” he said.\n\n“Australia has been the outperformer when it comes to the rest of the world on both the health and the economic front.”\n\nMr Frydenberg told Sky News the Liberal Party had not given up on surpluses despite revealing in the federal budget Australia’s net debt would increase to $617.5 billion and the deficit would hit $161 billion this year.\n\n“What you see in this budget is that deficits come down by two-thirds over the forward estimates,” he said.\n\n“And that net debt to the size of the economy, to GDP, compared to what was forecast at last year’s budget is lower each and every year.\n\n“That’s a key indicator of fiscal sustainability.”\n\n Are we really In 1990 interest rates were 17% the average cost of a house in Sydney was $155000 Record low interest rates today the average price of a house in Sydney $1150000 Look at the numbers people do the math what tosh....8 years of no surplus, despite claiming one that never happened. then when things turn against them, the biggest deficit ever.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
These are ‘five big things’ which will 'be remembered’ from the federal budget | Sky News AustraliaSky News host Paul Murray has assessed “five big things” to come from the federal budget which was delivered on Tuesday evening by Treasurer Josh Frydenberg. \n\n“There is a massive amount of money for aged care,” Mr Murray said.\n\n“We saw out of the Aged Care Royal Commission, a real need to do this”. \n\nMr Murray said, secondly, people over the age of 60 will be able to put $300,000 into their superannuation if they were to sell their family home. \n\n“That’s a big change, you’re not going to see that a lot in the newspapers”. \n\nThirdly, Mr Murray said 10 million people are going to get a tax cut. \n\nFourth, he said this federal budget “puts a lot of money” to help produce more tradies in this country and get more kids to commit to becoming tradies once they leave school. \n\nMr Murray, as his fifth point, also spoke about the “debt picture” to come from this budget. \n JoshFrydenberg Nothing will be remembered of this budget. JoshFrydenberg Murray looks kinda silly in a Liberal cheerleading outfit.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Federal budget 2021 LIVE updates: Aged care, mental health and skills improvement on agenda as Josh Frydenberg hands down Australian budgetFollow all the news and expert analysis as Treasurer Josh Frydenberg hands down the 2021 federal budget.
Source: theage - 🏆 8. / 77 Read more »
Federal budget 2021 LIVE updates: Women, aged care and skills on the agenda as Frydenberg prepares to hand down federal budgetTreasurer JoshFrydenberg is set to deliver this year's budget, with aged care, skills and women's safety expected to feature prominently. Follow our rolling coverage | latikambourke AusPol Budget2021 JoshFrydenberg latikambourke Full of promises but no delivery JoshFrydenberg latikambourke JoshFrydenberg latikambourke Watch JoshFrydenberg try to hoodwink Aussies again
Source: theage - 🏆 8. / 77 Read more »
Federal budget 2021 LIVE updates: Women, aged care and skills on the agenda as Frydenberg prepares to hand down federal budgetTreasurer Josh Frydenberg is set to deliver this year's federal budget, with aged care, skills and women's safety expected to feature prominently. Follow our rolling coverage: The Women's Safety budget will prominently feature alleged rapist Porter and alleged Up skirter Laming. “… with aged care, skills and women's safety expected to feature prominently” in the ANNOUNCEMENTS ! Nope the arrogant LNP have overlooked the power of the Unemployed, pensioners and all the Australians living in poverty etc etc. They have the make or break vote for the LNP.
Source: smh - 🏆 6. / 80 Read more »
The federal budget is 'deeply worrying': Kenny | Sky News AustraliaTonight's federal budget is 'deeply worrying' given structural reform seems to have been 'put on the backburner' in favour of ever-increasing government spending, according to Sky News host Chris Kenny.\n\n'I find this budget deeply worrying and I reckon most of you would too,' Mr Kenny said.\n\n'We will have the largest deficit in the nation's history confirmed – even though it won't be as deep as forecast only a few months ago.\n\n'Structural reform seems to have been put on the backburner in favour of ever-increasing government spending – putting government at the centre of everything – just like a Labor government would.\n\n'We have got to build more self-reliance and personal responsibility into our system and at the moment – the pandemic is providing the perfect excuse and the added impetus – we are only getting increased involvement and spending from government.\n\n'Just because the pandemic didn't hit us as bad as we feared, doesn't mean the recovery will be as painless as we hope.\n\n'In the meantime, you might as well lap up all the extra spending and announceables tonight, because your kids and their kids will be paying for it.' According to Chris Kenny. Hangon, my jug just boiled. Just proves Liberalism Privatisation is Bullshit, what do the Right do when there's a CRISIS 'Run to the Left' And now SLOPPY is gunna send Aus to the 'WALL' and say SEE we used the SocialistWay and look where it's gotten us. UnAccountableScotty DoWhatWeSayNotWhatWeDo
Source: SkyNewsAust - 🏆 7. / 78 Read more »