political editor Phillip Coorey’s interview with Prime Minister Scott Morrison.polls have still got you behind LaborPrime Minister Scott Morrison: Well, as we’ve said right from the outset, in an incredibly uncertain time and with really serious economic pressures, this all comes down to how people believe the economy will be best managed going forward and it is a genuine choice about who they think will run, who has both the track and the plan to continue to take us through.
What Labor are doing is denying the reality of the global economy. They’re pretending those things just aren’t there. I mean, he’s running around thinking he can just keep putting people’s wages up but has no plan for how it’s achieved. PM: Well, I’ve already said, the [omnibus] bill that we took forward other than for the measures that were in that which were COVID related, there it is.PC: So, if the circumstances present themselves on the other side, you’ll have another crack?
But I think there’s something more important than that, and that is a parliament driven by people who don’t know what they want to do will be very damaging to them and their families’ interests.Having a chaotic parliament where any government has to bargain for their existence every day with inexperienced members who will not be across the many decisions that have to be made, it will turn parliament and the government into a weather vane.
PM: No, it’s a testament to the way I run a cabinet and a government that listens to everybody in my party room and actually allows my party room to breathe. And there is give and take within my party room. PM: It’s looked at all the time, but what exactly is their criticism? What happened is global inflation moved from the mid 3s to over 7 in the space of months. The Reserve Bank doesn’t have a crystal ball any more than anyone else does. But what I found encouraging is that through the course of the pandemic, Australians were wise. Australians have a much greater appreciation of uncertainty and these events than I think people give them credit for.
At times there’s pressures for rates to go down, and at times there’s pressures for rates to go up. But what is consistent is keeping a triple-A credit rating and ensuring that you’re managing your budget well and that there’s a strong alignment between fiscal and monetary policy and a good understanding of the pressures that we’re facing.
We know what was framed on 23.9 per cent. I said it. It was from the introduction of the GST through to the GFC. And that was considered a normalised rate of what was a threshold that it was unwise to pass. Now, what they’re saying is, and this is the way the tax cap works, as the economy grows, your revenues will rise, and they’ll rise as a share of GDP.So, when the economy increases, they go, ‘oh, your tax of GDP is higher’. No, the economy has dropped and that’s what that’s reflecting.
Thank you AFR for this regurgitation of a government press release
The only thing this clown understands is how to hand out publicly funded blank cheques to corporations and call it capitalism with a straight face. Minister for rorts, waste, incompetence and debt.
Solomon Islands, subs, Hawaii Scott no idea LNPCorruptionParty
NeverTrustNewsCorp
ScottyFromCorruption
VoteLabor
Says the most useless do nothing P M in our history.
Karma remember that when it bites back.
We understand corruption though
Scotty is giving advice when he botched everything he touched Vax rollout, flood relief, RAT and China trade We lost $20bils because of his big mouth Solomon saga is another of his bungle Only crooks would not have Fed ICAC
Yet another reinforcement of why I canceled my subscription.
Says man who claims it’s not his job.
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