“Particularly all these crude bans and shutdowns and border controls, you name it,” Mr Bolt said. Mr Bolt weighed in on the federal budget which was revealed on Tuesday evening. He spoke of the recent revelation from Treasurer Josh Frydenberg in which he said "we have predicated some of the assumptions in this budget on a vaccine being available across the country by the end of next year".
Mr Bolt said it is an important aspect to arise out of the budget, that the Morrison government “has bet that budget” on the nation getting a vaccine next year. "And if that vaccine doesn't come to save us, this budget will be even more terrible than it is already," Mr Bolt said. He looked at daily new death rate statistics in the UK, saying what is being seen is "another sign we don't need to pin everything on getting a vaccine".
Source: Financial Digest (financialdigest.net)
No it was caused by the inability of the LNP to manage the economy. The economy was in crisis before the pandemic. We were in a technical recession before the pandemic it's just the media was protecting the LNP.
2 minutes video no one should skip: Dr. Yan: the coronavirus was made in the lab to target human by the Chinese Communist Party!
Bolt is a dolt.
Border closures, lockdowns, curfews all rediculous lunacy. Social distancing, sanitisation, preventative measures like masks, gloves,hand washing and limited numbers in high traffic areas as well as Quick detection, contact tracing, contain and control are the way to go.
I agree with Andrew. You would nearly think that it has been purposefully done to bring in their woke agenda
The comments promoted by BOLT & skynews shows why it should be declared a media terrorist organization.
To_Australia International_students_are_not_tourists Pandemic_is_not_our_fault We_also_have_loved_ones_in_Australia Paid_rent_full_tuition_fees Need_action_for_offshore_international_students We_are_healthy_not_the_risk_to_the_Australian_community.
The fear, anxiety, mental illness, suicide, lack of medical attention or advice of undiagnosed conditions, the repercussions will not be monitored but most likely we will see more than a few hundred elderly in aged care...
What happened to sprucing hydroxyquoraline couldnt get a mention in help saving the president
Oh for goodness sake. Stop giving these fools airtime.
Millions of stoic Australians holding the line - such hysteria.
Andrew please explain how well the US and UK are doing. Pillock.
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'Our budget plan will see Australia a stronger nation': Treasurer | Sky News AustraliaTreasurer Josh Frydenberg has reaffirmed the 2020-2021 budget will prioritise Australian jobs as he delivered a speech at a press conference ahead of tonight's budget reveal. \n\nHe touted the Morrison government’s “unprecedented” amount of support for Australians during the coronavirus crisis. \n\nThe treasurer is expected to hand down a record-spending budget in response to the devastating economic impact of the pandemic. \n\n'Our plan will create opportunity. Our plan will drive investment. Our plan will grow the economy and guarantee the essential services Australians rely on,” Mr Frydenberg said. \n\n“Our plan will see Australia a stronger nation”. \n\nMr Frydenberg highlighted the nation’s slow recovery in past recessions saying 'unemployment goes up the elevator and comes down the stairs'. \n\n“We want to move faster than that.” \n\n What jobs? You’ve omitted “casual” before “jobs”. Needs to be entrepreneurs to get funds for start up business and also industry to create jobs. But banks would rather say no to entrepreneurs with ideas and rather ask how much equity do you have in your home.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia must 'focus on productivity' to 'get on top of budget red ink' | Sky News AustraliaThe Herald Sun Business Columnist Terry McCrann says focusing on productivity is the fundamental thing which the government should be doing in seeking to drive the economy.\n\n'If we're ever going to get on top of the budget red ink, we have to be focused on actually generating more out of what we can produce,' Mr McCrann told Sky News host Peta Credlin. \n\nMr McCrann's comments come as the federal budget is set to be handed down on Tuesday evening. \n\nHe said 'we need to focus on a real value-added economy going forward that emulates what's happened to our north in Asia'. \n\n'Where you actually produce more productivity'. \n\n Im very impressed with sky at the moment. I'm glad you called him a business columnist because he knows nothing about economics.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia is heading towards a ‘socialist future’: Maurice Newman | Sky News AustraliaFormer ABC chairman Maurice Newman says Australia is moving to a socialist future because there are no plans to rein in spending.\n\n“That’s where we’re headed, I don’t want to sound alarmist, some people may not be alarmed by the prospect of a socialist future, but we are headed in that direction,” the former stockbroker said.\n\n“Because there are no plans that I have seen to rein in this expenditure, there’s no plans that I have seen to reduce energy costs by a substantial amount, nothing to do away with a lot of the red and green tape which is hampering businesses, particularly small businesses, and the IR reforms that are necessary – that discussion is not on the table.\n\n“Until we get to those sorts of issues, the prospect of growth is, I think, very difficult to have in any sort of sensible way.”\n\nMr Newman told Sky News host Peta Credlin gross debt had reached such a lofty figure it’s become “mind-boggling”.\n\n“If you go back three years, we were $573 billion gross debt, we’re now $1.1 trillion gross debt,” he said. \n\n“And just going back 13 years we were $75 billion.\n\n“We’re getting to the stage now where we’re really looking down the barrel of however we are going to pay this money back.\n“And I think this is a real challenge.”\n\nMr Newman also pointed out the looming debt growing in the states.\n\n“If you look at state debt, just Queensland and Victoria, out to 2023 we’re looking at something like $170 billion worth of debt there as well,” he said. Ughk 😂😂 I look forward to getting my share of ownership of the means of production.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia faces ‘astonishing bill’ yet fewer than 300 people sick with coronavirus | Sky News AustraliaSky News host Andrew Bolt says the figure which was left out of this year’s federal budget was that fewer than 300 Australians who are sick with COVID-19 at the moment.\n\nTreasurer Josh Frydenberg, during Tuesday’s delivery of the federal budget, announced Australia’s net debt will hit $966 billion in 2024 as a result of the government’s COVID-19 economic recovery.\n\nMeanwhile the coronavirus response will see the budget deficit blow out o $213.7 billion this year, but will fall to $66.9 billion, according to the treasurer.\n\n“The other figure which wasn’t in the budget was that around Australia there are fewer than 300 people who are sick right now with the virus,” Mr Bolt said.\n\n“You have to think, how big was this overreaction, and now we see the enormous bill, it’s just astonishing to me.”\n 1 trillion dollar debt lol what a future 🙄 The containment policy worked. Good point Andrew. Hope you saw this, asleep at the wheel.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'Budget is doing its job': Business Council of Australia CEO | Sky News AustraliaBusiness Council of Australia CEO Jennifer Westacott says the budget is doing its job.\n\n“It is a crisis situation that we are in. We have a million people who don’t have a job,” she said.\n\nMs Westacott said the role of the federal budget was to “get those people back to work” by driving business investment and economic activity.\n\nShe praised the stimulus measures which targeted retraining programs and hiring incentives. \n Stealing from the poor giving it to the rich that’s a Liberal budget I corrected your title 'Rich person says budget is great, despite the majority of Australians about to suffer during a recession and record job losses'.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Regional Australia is ‘leading the way’ out of virus recession: Deputy PM | Sky News AustraliaDeputy Prime Minister Michael McCormack has told Sky News, regional Australia continues to “defy the odds” as key rural industries grew throughout the pandemic.\n\nHe said the regions have done “very well through COVID-19” and have helped “lead the way” as the nation tries to recover from the virus recession.\n\n“Agriculture has grown by a billion dollars despite the drought, despite the bushfires, and of course despite the virus,” Mr McCormack said.\n\n“What we’ve seen is regional Australia still defy the odds as they always have. They’re very resilient”.\n\nTreasurer Josh Frydenberg handed down his government’s budget on Tuesday night detailing the Coalition’s plan to revive the Australian economy.\n\nThe deputy prime minister said the budget means “jobs, jobs, and more jobs” for rural Australia.\n\n“There’s 45,600 jobs identified by the Regional Australia Institute in the regions right now,” he said.\n\n“That’s why I’ve been out there spruiking the benefits of the country lifestyle. Spruiking the benefits for people to take those jobs in the regions.”\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »