Economist Stephen Koukoulas says the economy needs money poured into private sector pockets so they can spend, invest and most importantly hire.
“So I would be looking at policies that make sure the economy is growing strongly enough so that in a reasonable amount of time we get that unemployment rate back to where it was pre-Covid,” Mr Koukoulas told Sky News. August’s unemployment rate came in below expectations at 6.8 per cent, largely propped up by wage subsidy schemes which mask the actual rate. “It was only ten months ago that it was five per cent, it’s difficult and a lot depends on how the health crisis goes.
TheKouk There’s going to be a lot money flowing to the top few.
TheKouk There's only 1 way back...restart manufacturing in Australia...
TheKouk Nothing will save Australia because of the corruption and dishonesty our this federal Government . they have bankrupted our country after years of appalling mismanagement and national debt even before the virus we were heading into the worse recession or depression
TheKouk So they can “choose” to do those things, or just pocket the cash like they did with the penalty rate cuts. More pigs with snouts in the trough.
TheKouk Just pay Solly Lew direct save on admin , no jobs but dividends for shareholders
TheKouk Doesn't matter how much gov money gets poured in if businesses can't operate because borders are closed and a large chunk of them have no customers. It's just dead money. We have to also open up borders national and international. Allow business to operate at full efficiency.
TheKouk this is absurd. there is virtually free money available at close to 0 interest and private sector is not investing why? pumping capacity is stupid it will take care of itself if demand is there introducing more competition in a saturated market will just make more businesses fail
TheKouk What a new and innovative idea, trickledown economics.
TheKouk handle should be the Koo Koo nest..irresponsible bastardry if there ever was, this private sector pocketing cash and profits, giving back near nothing!!!
TheKouk You can’t pour public funds in the private sector, that’s not true capitalism.
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'I wish her well': Premier Andrews comments on Mikakos resignation | Sky News AustraliaVictorian Premier Daniel Andrews has acknowledged the hard work, passion and commitment of Jenny Mikakos following her recent resignation as Victorian health minister. \n\nMs Mikakos resigned from her role on Satuday after Premier Andrews recently named her as the person responsible for the state’s hotel quarantine program.\n\nMr Andrews said he has spoken to many of his colleagues following the recent announcement from Ms Mikakos. \n\n'No one's happy to see someone whose an incredibly hardworking member of the team go,' Mr Andrews said during a press conference on Sunday. \n\n'But when you make a decision that you can't serve in the Cabinet, then you can't serve in the Cabinet, you need to tender your resignation, that's exactly what happened'. \n\n'I wish her well, and I acknowledge her hard work and her passion and her commitment. \n\n'To do anything else would be simply wrong.' \n\nMr Andrews also said Victorians 'can't let our guard down'. \n\n'We can't pretend this is over because we desperately want it to be'. \n\n DanielAndrewsMP JennyMikakos Then the coward and masochist threw her under the bus. DanielAndrewsMP JennyMikakos Why didn’t he come out and say that yesterday instead of saying it was the right decision she made the call to resign I’m pretty sure it takes more the one premier/minister to make these calls DanielAndrewsMP JennyMikakos Now Hazzard and Colbeck need to resign
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Victoria is ‘ahead of time’ as massive restriction easing set for October 19 | Sky News AustraliaVictoria will take the “important step” and remove all restrictions on people leaving home on October 19 well ahead of the previously designated November timeframe.\n\n'The fact that this is working and we have done better as a community than what we thought we were going to be able to do by this point of time means that I can announce that we will no longer be held, for the purposes of the third step and the last step, to the dates that we had indicated previously essentially end October and end November” Premier Daniel Andrews said.\n\n“On the modelling and data and analysis of all of that, we believe that we will be able to take, all things being equal, the next step which is when all the restrictions leaving your home when there is much more freedom of movement,” he said.\n\n“We believe we will be able to take that important step on 19 October”.\n\nMr Andrews said the government’s experts have advised that the 19th of October – which is three weeks away – is enough time of the virus’ life-cycle to be certain that the numbers are a true reflection of the recent easing of restrictions.\n\n“That is fully a week earlier than what he had thought. We will no longer be talking in terms of dates, we will be talking in terms of case numbers,” the premier said.\n\n“We are at least a week ahead of schedule but we must wait and see how things unfold over the next three weeks and then make those decisions and speak about likely timeframes in November.\n\n“We are well on track, in fact, we are ahead of time when it comes to achieving that outcome. That is a credit to every single Victorian who is staying the course, working hard, making sacrifices.”\n\n“There are no shortcuts, there is no easy way to defeat this virus.\n\n“We have to do this right and if we can stay the course, if we can just find it in ourselves to get this job done over the next three weeks then we will be able to take even bigger steps on the 19 October.”\n Now that legal action is pending the rules suddenly change ... go figure ... SackDanAndrews Nothing has changed except they’re lofitinh the illegal curfew. heavyeyeroll All because of DANNY BE GOOD. But no, he was naughty and he failed, and now he must resign. grub DanMustGo DanLiedPeopleDied
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British Law Commission seeking to make misogyny a hate crime | Sky News AustraliaThe British Law Commission want to make misogyny a hate crime in a move which will have figures like “Julia Gillard and others swinging from the rafters” in celebration according to Sky News host Rowan Dean. \n\nThe independent body which recommends legal changes has suggested an overhaul of legislation to make gender a protected characteristic in hate crime laws in a bid to protect women. \n\nSky News host Rita Panahi warned “it goes two ways, when you start trying to police language and attach hateful notions to everything, it can be a dangerous path to go down”.\n\n JuliaGillard rowandean What about misandry? Or is this a one way street? JuliaGillard rowandean How many male hating persons in the british law commission? Who even knows what misongy means? Then to miss appropriate the dictionary meaning to advantage extreme left neo Marxists is criminal in just suggestion. All logic and reason has left all minds in politics and policing.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Victoria is now the welfare state due to ‘scandalously stupid’ Andrews decisions | Sky News AustraliaVictoria has become the welfare state thanks to the “scandalously stupid decisions” of the Daniel Andrews government, according to Sky News host Rita Panahi.\n\nVictoria’s second wave has so far claimed over 780 lives with 99 per cent of cases linked back to the failures of hotel quarantine which was put in the hands of untrained security guards.\n\nThe state’s death rate per million of the population is 116, a number far higher than the rest of Australia’s rate of less than five per million.\n\nMs Panahi said Victoria has become the “welfare state” because it is now receiving 60 per cent of all JobKeeper payments even though it only amounts to 25 per cent of the population.\n\nIt comes as Victorian Health Minister Jenny Mikakos resigned from her post following the premier identifying her as the person responsible for the hotel quarantine program.\n\nPremier Daniel Andrews fronted the COVID-19 Melbourne Hotel Quarantine Inquiry on Friday and laid part of the blame of the debacle directly at the feet of Ms Mikakos, prompting her resignation the next day.\n\nThere has been a “systematic coverup” which has seen senior bureaucrats, ministers, and the premier all claim under oath that they themselves were not responsible for the “disastrous decision” to use private security guards, but also that they don’t know who was, Ms Panahi said.\n\n“The collective amnesia of the Victorian government and bureaucracy is further proof that this lot are treating the Victorian public like we're gullible mugs who'll believe anything no matter how fanciful or absurd,” she said.\n\n“The premier is fond of saying that the buck stops with him.\n\n“Well premier in the real world that means you hand in your resignation for overseeing the biggest public policy disaster in Victorian history.”\n DanielAndrewsMP RitaPanahi This warning about the welfare state brought to you by a channel broadcast exclusively on a network which received $40 million in government funding in recent years. DanielAndrewsMP RitaPanahi Morrison and Frydenberg have no Road Map for an Economic recovery Back in the red Frydenberg the worse Treasurer Australia needs at this time DanielAndrewsMP RitaPanahi
Source: SkyNewsAust - 🏆 7. / 78 Read more »
MELBOURNE FREEDOM: Curfew to be lifted from 5am Monday | Sky News AustraliaMelbourne's controversial curfew will end tonight as Premier Daniel Andrews announced the next step for Victoria.\n\n“It will be lifted from 5am tomorrow,” Mr Andrews said.\n\n“While the curfew comes off, that tonight is the last night, we have decided that a new fine, a penalty almost to $5,000, just less than $5,000, will apply for any unlawful outdoor gatherings or indoor gatherings. \n\n'It mirrors the arrangements we have put in place for people travelling to regional Victoria and potentially taking the virus with them without a lawful reason. \n\n'If you are having a party at your house, that is not lawful.'\n DanielAndrewsMP ManufacturingNewsAndOutrageForTheQuietOstralian daily 🤦🏻♂️ DanielAndrewsMP 5km still no lift DanielAndrewsMP Be careful because
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'Trump landslide' after Americans reject 'horrific' treatment of Coney Barrett: Dean | Sky News AustraliaThe Democrats and the Left in the US will look to “absolutely destroy” President Donald Trump’s Supreme Court nominee Amy Coney Barrett in the exact same way they destroyed Brett Kavanaugh, according to Sky News host James Morrow.\n\nPresident Trump announced Justice Barrett as his nominee to replace deceased former associate justice Ruth Bader Ginsburg after she passed away two weeks ago after a long battle with cancer.\n\nThe President noted the passing of Justice Ruth Bader Ginsburg, describing the former Judge as a “true American legend” and a “legal giant”.\n\nMr Trump went on to introduce Ms Barrett saying, “today it is my honour to nominate one of our nation’s most brilliant and gifted legal minds to the supreme court”.\n\nHowever, people have begun to ramp up the hate rhetoric against Trump’s nominee, specifically focussing on her conservative views, and her family.\n\nJustice Barrett has seven children, two of which were adopted from Haiti sparking some to label her and her husband “white colonisers”.\n\nMr Morrow said the Democrats will “not be able to resist over playing their hand” which will drive middle America into the president’s hands.\n\n“This should be the absolute American Dream. It’s everything that they (the Left) hate, this lovely happy successful interracial family,” he said.\n\n“They are going to try and destroy this woman and middle America is going to look at it and say ‘guys what is your problem’”.\n\nSky News host Rowan Dean said it is going to be a “Trump landslide because the average American looks at this stuff and thinks it’s horrific”.\n\n pwafork Shocked, absolutely shocked that you have drawn this conclusion James 🤯 realDonaldTrump pwafork pwafork making up scandals to hype up his Dear Leader & deflect from failures. Stay tuned for when he and rowandean come out as QAnon nuts. realDonaldTrump pwafork They only have her religous beliefs to attack. It's hard to accuse a woman of gang rape. Or racism seeing as she has 2 Haitian adopted kids. It's basically the lefts worst nightmare.
Source: SkyNewsAust - 🏆 7. / 78 Read more »