Sky News Business Editor Ross Greenwood says the “real issue” is the Reserve Bank is attempting to guide Australia’s economy to what is known as a “soft landing”. “We don’t go into a hard recession, where we see unemployment rise significantly,” Mr Greenwood told Sky News host Andrew Bolt.
Source: News Formal (newsformal.com)
We now have Bowen destroying the economy, Chalmers trying to introduce communism and Albanese trying to write apartheid (separation) into our constitution. With the teals and greens cheering them on. A sweeping new Australian WEF socialist experiment is well underway.
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Reserve Bank’s ‘language’ in media statement was ‘stronger’ than anticipatedKPMG Chief Economist Brendan Rynne says the Reserve Bank’s “language” in today’s media statement was “much stronger” than anticipated. “The language that was in today’s media statement was much, much stronger than what I thought it was going to be,” Mr Rynne told Sky News Commentator Steve Price. “Quite clearly the Reserve Bank was very concerned about the level of inflation that materialised in the last quarter of last year, running at nearly eight per cent. “It’s very much wanting to try to clamp that down and bring inflation back to its target band.” In short, the RBA's policies are aligned for the greedy corporate elite and private banks who have benefitted themselves at enormous cost to the Australian people and to the economic and social stability of the Australian Commonwealth.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Morrison’s decision to ‘scuttle’ Pep-11 gas project ‘overturned’Former prime minister Scott Morrison’s decision on the Pep-11 gas project has been overturned, according to Sky News host Peta Credlin. “It was one of the portfolios that Scott Morrison controversially and secretly swore himself into, and when the powers were signed over to him, he used them to scuttle a massive gas project off the New South Wales coast,” Ms Credlin said. “Known as PEP-11, the project, well, it’s back on now – news that the Morrison decision today has been overturned.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Outrageous’: ABC’s report on Alice Springs town meeting ‘hugely embarrassing’The Australian’s Media Writer Sophie Elsworth says the ABC’s report on the Alice Springs town meeting was “hugely embarrassing” for the public broadcaster. “They’ve smeared the Alice Springs community as if it’s laden with white supremacists – it was just absolutely outrageous,” she told Sky News host Chris Kenny. 'The Australian’s Media Writer Sophie Elsworth ... ' I think that about covers things that are 'hugely embarrassing', don't you? Of course she'd say that lol Well let’s be honest. Covid taught us that all Australian media are liars and spreaders of misinformation. You all lied about vaccines being safe and approved and they’d stop the spread. Never mentioned only provisional approval as studies into safety weren’t complete.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
RBA Governor made a ‘mistake’ which ‘hurt’ aspirational AustraliansRBA Governor Philip Lower made a mistake when he said interest rates would remain at historic lows until at least 2024, which “hurt” aspirational Australians, according to LNP MP Garth Hamilton. “But the person who’s going to decide whether the Governor stays on or not is the Treasurer,” he told Sky News host Amanda Stoker. “And, quite frankly, I don’t think the Treasurer really cares that much that the Governor hurt aspirational Australians.” Mr Hamilton said there was a lot of “hubris” in Treasurer Jim Chalmers’ essay but “not much there to inspire” aspirational Australians who want to get into the property market. How he has remained in charge is bewildering. The RBA gov did NOT that. How about fact checking what he said? Said most caught crooks, financial embezzlers, and uni bombers - 'I made a mistake' !
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Jim Chalmers is ‘self-indulgently’ writing letters instead of ‘dealing with inflation’Sky News host Amanda Stoker says Treasurer Jim Chalmers is letting public spending blow out as he is “self-indulgently writing love letters to future economics students”. “And leaving all the heavy lifting of dealing with inflation to the RBA,” she said. You know what they say about 1000 chimps at typewriters... Well, I don't think Chalmer can match them. Actually, I don't think he can match one..
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Huge relief’ Harry and Meghan’s next series won’t be ‘about them’Former Royal Editor at ITN Tim Ewart says “it’s going to be a huge relief” that Prince Harry and Meghan Markle’s next Netflix series is “not going to be about them”.
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