Put simply, because they are uncertain about the future. And household finances have been shaky for some time.
That occurred because there was a slowdown in both income growth and non-labour income growth — things like social security and rental income. Ms Allen said reports the Federal Government was planning to bring forward legislated tax cuts in this year's budget would help to alleviate pressure on household budgets.
Politicians of two major parties, behave in ways, counterintuitive to ExtinctionR euthenics. rupertmurdoch news empire under Blair. DrDKelly, Syrian war. ISIS while Special Envoy Middle East. Mercenary armies of iraqnewsnet paid in US $. DigitalHumanitarianDemocracy begins
No shit!
Not to mention no jobs
Now they’re suffering mass unemployment 🙄
Politicians received an additional 8% over the last 3 years + plus+ a tax cut increasing the rich/poor divide
It was a policy setting as described by Corman. We suffered under the abott 🎩 scottno fiasco
The system we live in is an oligarchy. For oligarchs to stay in power, they need: ▪️ Political foot soldiers to pretend we live in a proper democracy. Paid handsomely. ▪️ Propagandists, eg MSM, to put people to sleep. Paid handsomely, eg Paul Barry $200K or Scott Cam $347K
3 mil is only enough for those lazy Academics to snork cocaine and drinking wines
grhutchens It's still not understood that the 2008 oil price shock, the 2009 financial crisis and high oil prices $100 until 2014 changed everything. These events irreversibly damaged the economy, leaving a huge mountain of debt behind, forcing governments' low interest rates
only took a pandemic to make everyone realise that....
you mean no wage growth
More like basic observation than analysis
No shit
It’s very frustrating that having been giving everything to work so hard from home. There is no payrise for all the excellent work.
but not you guys at ABC eh?
Effectively were going backwards.
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