Labor will accuse the Morrison government of putting the nation at risk from a "cancer of complacency" ahead of a series of addresses by Treasurer Josh Frydenberg to reassure consumers over the state of the economy amid record low interest rates and stalling wages.
Shadow treasurer Jim Chalmers will use a major address on Monday to argue the government is a"cancer of complacency" in its management of the economy.Last week the Reserve Bank again downgraded wage and economic growth forecasts for this year. Despite interest rates being at a record low 0.75 per cent, the bank now believes it is unlikely wages growth will accelerate over the next two years and will remain around 2.3 per cent.
He will signal a co-operative approach in stark contrast to the "top end of town" rhetoric employed by former leader Bill Shorten ahead of this year's election. Treasurer Josh Frydenberg is planning a series of speeches to outline the strengths of the economy and the challenges ahead.The Treasurer, however, will use his own series of addresses over the next few weeks to highlight what he will argue are the economy's current strengths now and in the near future.
swrighteconomy That's a laugh
swrighteconomy Ho hum...
swrighteconomy think of a better way to word your point
swrighteconomy All the LNP is interested in is having a surplus no matter what cost to farmers, pensioners, welfare recipients the environment or the economy
swrighteconomy RBA too focused on ensuring the banks got a free kick. Ridiculously cutting interests 3 times to preserve impairments on Bank balance sheets has consequences far greater then one feared. Confidence lost, revenue slashed from savings, we see a dire effect on the street economy.
swrighteconomy How about a cancer of complacency on the environment?!
swrighteconomy Peter Costello: Our economy, with 5.3% unemployment, a record number of people in work & a workforce participation record high, with inflation at 1.6%, Trade surplus, a balanced budget is by those objective indicators a good economy We dodged a bullet
swrighteconomy
swrighteconomy Labor is the 'cancer'
swrighteconomy Good-looking dude.
swrighteconomy Its the SMH- try decent journalism by comparison with world economics. Good grief no wonder you are going broke!
swrighteconomy When labor gets into government and all they talk about is health and education I think I’m going to go crazy I want newscorp shutdown allow 16and17 year olds to vote destroy the shit out of the rich and powerful in this country auspol
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Labor is fighting a false war that overlooks its real challengeOPINION: Labor is fighting a false war that overlooks its real challenge Labour is a political party without a reason to exist, this is why they cling onto any cause they find that might win them votes. They are the party of populist causes and not people. People can see through then and THAT is why they are in the wilderness. Essential read: Marvin Brown's 2010 book: 'Civilizing the Economy. A New Economics of Provision', a blueprint for a collaborative flourishing society instead of the current neoliberal impoverished dog-eat-dog competitive economy. Don't think they will survive if union memberships keep declining..........There only hope now is keeping company with the greens which goes against the grain of their blue collar base. Stuff them I say.........
Source: abcnews - 🏆 5. / 83 Read more »
Labor failed to heed warnings that election was on knife edge, says secret reportA damning submission to the ALP's election review condemns campaign headquarters for not heeding evidence that showed Labor was falling behind. rharris334 Hey SMH....how about some REAL news....you know what journalists are supposed to do. MSM in Australia is a pathetic shrill voice for RW vested interests. Shame on you. SMH mediamaggots integritylost rharris334 Yeah, They didn't dump Bill Shorten. rharris334 FFS Still on with this shit.
Source: smh - 🏆 6. / 80 Read more »
'Heartless': Government urged to reinstate funding for NT women's sheltersSome Indigenous-run shelters for domestic violence victims will no longer receive federal government funding to provide emergency relief after the end of the year SHAME What’s the NT Government doing? The NT has enjoyed self government since 1978. Are they asleep at the wheel? sbsnews - ignorant people are always blaming Feds for undeniable State & Territory responsibility’s. YaThinkN But hey, Chris Kenny is now advising the government on some indigenous matters, so all's well. 🙄
Source: SBSNews - 🏆 3. / 89 Read more »
Govt standing slips in latest Newspoll | Sky News AustraliaThe government and Labor are on an equal footing for the first time since the May election, as the Coalition's popular support tumbles.\n\nAn exclusive Newspoll published in the Australian had the major parties tied with a 50-50 share of the two-party-preferred vote as Scott Morrison grapples with the drought and a flattening economy.\n\nDespite the release of Labor's internal review into its election loss, its primary vote rose two points to 35 per cent.\n\nThe Coalition's primary vote slipped by two points to 40 per cent — its lowest since before the election - with Mr Morrison seeing a narrow improvement in his personal numbers.\n\nImage: Getty Wow! People are still reading Newspoll. Reminder: a minority of Australian voters actually voted for this government. The LNP should reasonably view 50% TPP as a good result. Well Labor needs to be watching and learning, so that if it takes power it reflects the will of the people not that of those that fund it.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Nursing home residents drugged without consent: audit findsA nursing home near Newcastle is accused of drugging residents without their consent, while a second home nearby has been accused of misusing antibiotics. Aged care homes cannot prescribe drugs, that has to happen with the cooperation of doctors and pharmacists therefore if they are not tracking what is going on in that area then a spotlight also needs to be pointed in their direction. The article is confusion and or misleading. 🤔 Scummo what are you going to do about this? Oh that's right your only concern is the love of your life 💘💞💕💓💗❣💌 C. O. A. L
Source: abcnews - 🏆 5. / 83 Read more »
Labor is fighting a false war that overlooks its real challengeOPINION: Labor is fighting a false war that overlooks its real challenge Labour is a political party without a reason to exist, this is why they cling onto any cause they find that might win them votes. They are the party of populist causes and not people. People can see through then and THAT is why they are in the wilderness. Essential read: Marvin Brown's 2010 book: 'Civilizing the Economy. A New Economics of Provision', a blueprint for a collaborative flourishing society instead of the current neoliberal impoverished dog-eat-dog competitive economy. Don't think they will survive if union memberships keep declining..........There only hope now is keeping company with the greens which goes against the grain of their blue collar base. Stuff them I say.........
Source: abcnews - 🏆 5. / 83 Read more »