Treasurer Josh Frydenberg says there is cause for “optimism and hope” despite grim forecasts for Australia’s economic and population growth. Following a National Press Club address, Mr Frydenberg was asked whether the nation could expect to see an older and poorer population following budget predictions for little economic growth.
The treasurer conceded the economy would contract and Australia’s population growth would be the lowest in more than 100 years due to coronavirus-induced border closures, but said they were not permanent figures. "The trends will start to turn around for the economy," he said. “The Australian economy will continue to grow, population growth will come back.”
Source: Entertainment Trends (entertainmenttrends.net)
JoshFrydenberg Boycott propaganda and demand that governments and media outlets tellthetruth about the climate and ecological emergency
JoshFrydenberg This is what this lot have done. Better money managers my arse. We were una depression even before covid hit. Now a trillion in debt.
JoshFrydenberg 7 years the Liberals have been talking about being optimistic about the economy. 7years of ever increasing the debt and deficit... that’s why this is the MorrisonRecession
JoshFrydenberg What a joke.
JoshFrydenberg
JoshFrydenberg I’m sure he, and his mates (on all sides) are laughing to the Bank!
JoshFrydenberg CCP arrested Dr. Li ‘s mother:
JoshFrydenberg I'm hoping the NSW/Vic border opens by the beginning of November but I'm not optimistic
JoshFrydenberg Who wants endless population growth? People are not consumption or tax cattle. That’s no way to run a society. We have a good population and don’t need any more. Rebuild manufacturing, build inland irrigation, return to some self sufficiency.
JoshFrydenberg So our govt overreacts to a new virus, creating hysteria; Then they FORCE healthy working people (who are at virtually no risk) to stop working and lockdown, CREATING MASS UNEMPLOYMENT; Now they want us to be grateful they are “SOLVING” the problem they created by spending big.
JoshFrydenberg ConservativeContraception 1st
JoshFrydenberg Does that mean he's resigning? That would give me optimism and hope for Australia's future.
JoshFrydenberg Optimism and hope; two things the left despise.
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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 »
‘All eyes on Frydenberg’: Treasurer set to offer Australian youth a lifeline | Sky News AustraliaIn what will be the most important budget of modern times, Treasurer Josh Frydenberg is set to focus on Australia’s youth in a bid to inject much needed life-blood into the economy.\n\n“All eyes tomorrow night (will be) on Josh Frydenberg,” according to Sky News host Peter Gleeson.\n\nThe Australian is reporting “average families will receive up to $5000 in income tax relief and young Australians will be targeted through a back-to-work wage subsidy”.\n\nThe Treasurer is set to offer a “jobs lifeline” for close to 700,000 Australians under the age of 35 forced onto JobSeeker during the pandemic-enforced recession, according to The Australian.\n\n“The direct wage subsidy — a key centrepiece of the budget — will be limited to those under 35 and made to businesses taking on young Australians who have been forced on to JobSeeker during the COVID-19 pandemic,” the article continued.\n JoshFrydenberg The MorrisonFrydenbergRecession JoshFrydenberg JoshFrydenberg One of the top International criminal lawyers - bring a case against those responsible for Covid-19 and Government's and NGOs response - including the media and the WHO - cases won against VW and the German Banks - the most important video on this in 2020
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Politicians have ‘buried us’ in an economic hole: Alan Jones | Sky News AustraliaSky News host Alan Jones says Tuesday will be chilling proof of how politicians have buried Australia in an economic hole so deep it may never get out.\n\nThe 2020-2021 budget – to be announced by Treasurer Josh Frydenberg on Tuesday night – will reportedly bring forward $7.5 billion worth of projects in a bid to stimulate jobs growth and kickstart economic recovery.\n\nAustralia’s debt ceiling, though, is expected to be lifted above $1.1 trillion when the budget is announced.\n\nThe debt cap would take the gross debt to GDP ratio to around 55 per cent, which would mark the highest level since the 1950s. \n\nMr Jones said the public has been told this Liberal government will “now spend whatever it takes”.\n\n“A billion here, $10 billion there, a one-year deficit north of $200 billion. Abandon all restraint,” he said.\n\n“Just as we are not told when these absurd restrictions, as a result of coronavirus, will end, can someone tell us when a halt will be put to this absurd spending.”\n China will come to the rescue... via Victoria destroyers Maybe he could just stuff a sock down the economic hole?
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Morrison government can and will be 'held responsible' for economic recovery | Sky News AustraliaPrime Minister Scott Morrison’s authority has “never been greater” but Australians will soon start asking whether he can “save their jobs, and reboot their industries,” according to Peta Credlin.\n\nTreasurer Josh Frydenberg will hand down his government’s budget on Tuesday night, which is expected to confirm massive government deficit and unprecendented levels of debt.\n\nMs Credlin said the Morrison government cannot be held responsible for the economic consequences of the pandemic as it “had no choice” to lock Australians down.\n\n“But the government can and will be held responsible for what it does now in terms of recovery,” she said.\n\n“Either we'll enter a new era of people looking to government to bail them out; funded by an expectation that government can defy the laws of economics, and borrow more-or-less, forever.\n\n“Bringing up a generation of young people who think the world owes them a living, that a job is optional, and that getting something for nothing is worth bragging about.\n\n“Or we'll accept that this pandemic really was unprecedented, and return as quickly as possible to budget responsibility, based on the understanding that all of us – government too – have to live within our means.\n\n“Right now, Scott Morrison's authority has never been greater. People are grateful that he's shepherded us through this pandemic.\n\n“Soon enough, though, they'll be asking whether he can save their jobs, reboot their industries – and that's why it's so important that tonight, this is a budget to boost productive private markets.\n\n“Rather than just deliver ever more government spending, given the damage so many premiers have done, playing popularity games, with border closures.”\n\n ScottMorrisonMP Thanks Sherlock ScottMorrisonMP
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Tuesdays budget announcement will go down as among the nation's darkest economic days | Sky News AustraliaThe 2020 budget was supposed to be the crowning glory with the Coalition returning the nation to surplus, instead, today’s budget will go down as among the nation’s darkest economic days, says Sky News Political Reporter Jonathan Lea.\n\nMr Lea said the last time Australia’s budget was in such pain was the end of World War II, with peace and prosperity coming at a cost.\n\nNow, 75 years on, Treasurer Josh Frydenberg is handing down his blueprint to revive jobs, the headline revealing a $200 billion deficit and the national debt topping $1 trillion, he said. \n JonathanLea10 Easy gig now because the budget will be out for years, they wont even have to pretend to be doing anything
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Budget 2020 reaction: key political players analyse nation's economic prospects | Sky News AustraliaSky News will bring the latest reaction and analysis to the federal budget from all the key political players. \n\nThe morning line-up includes Finance Minister Mathias Cormann, Treasurer Josh Frydenberg, Prime Minister Scott Morrison and Opposition Leader Anthony Albanese.\n Allan,Paul and Kenny..audience of 3.👏 Ca..lap Don't bother - josh has my back as long as i wear a bullet proof vest.
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