The latest floods are expected to push produce prices even higher, Treasurer Jim Chalmers has warned ahead of another anticipated interest rate increase on Tuesday.
“What that means is an even bigger proportion of people’s family budgets will be eaten up by mortgage repayments, at the same time as they have had to find room for the essentials of life, whether it is fruit and vegetables and groceries, whether it is petrol prices.” “We have got a very difficult combination of circumstances – natural disasters, inflation, rising interest rates – and our job as the new government is to try and build an economy and budget which is as resilient as the Australian people prove themselves to be again and again.”program that 100 ADF personnel were sandbagging, doorknocking and helping with evacuation orders in flood-hit areas. They would be joined by another 100 troops.
He spoke with NSW Premier Dominic Perrottet on Monday night and said that the federal government would provide more assistance as the disaster developed.
Dozens of suburbs r uninsurable With big migration we would get Syd n Melb with 8mils We are running out of land Easier to stay small n we have parks n gardens instead of ugly units n treeless tiny blocks
My thoughts and prayers are with the families of NSW. Dom_Perrottet
Wait till electric cars come in. Not enough power for people how they going to charge these cars
Where's Albo?
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Parts of NSW flood again from torrential rain – in picturesEmergency services rescue more than 80 people while thousands are evacuated in NSW as parts of the east coast expected to receive up to 100mm of rain on Monday Where’s Albo ? Albo Federal Money for flood victims available with low interest rates Hmm: Albo gives $50m to support Sri Lanka's food and healthcare needs Increase foreign aid to Pacific Island $525m It’s not a natural disaster if it’s climate change. Nothing ‘natural’ about the constant fires & floods. Yet we still use Coal & gas for power generation? Buckle in for a lot of ‘once in a hundred year’ climate nightmare type fun. Oh joy.
Source: GuardianAus - 🏆 1. / 98 Read more »
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Source: SkyNewsAust - 🏆 7. / 78 Read more »