Treasurer Jim Chalmers will announce his October 25 budget in the eye of two storms – domestic and foreign. Amid, UK market turmoil, global recession warnings, rising interest rates, floods, and drama over legislated tax cuts, the budget details should clarify what the Albanese government is on about.
Like Albanese, Chifley came from a humble background. Both lacked Bob Hawke’s charisma, Gough Whitlam’s dynamism, or Paul Keating’s flair for painting pictures with words. But “Chif” and “Albo” do share a low-key charm.Chifley oversaw big national projects that changed Australia, from the mass migration program to the Snowy Mountains hydroelectric scheme. He also established the Australian National University in Canberra and the Australian Security Intelligence Organisation .
After his election as Queensland premier after World War I, Theodore established a number of state-run enterprises. He was also responsible for the Labor majority in the state’s upper house, known as the “suicide squad,” which voted to abolish the Queensland Legislative Council in 1922. Until now, Queensland has Australia’s only unicameral parliament.
Theodore exited federal politics, but less than two years later became business partner of Frank Packer. Along with Packer, he was a key figure behind the success of the 1933 launch of the Australian Women’s Weekly, which was printed off an old AWU printing press. He died in 1950 and is buried in the cemetery close to Sydney’s South Head.
But the training period, long and varied as it has been, does not guarantee the political success of Chalmers’ budget. Even for such a historically intensely anticipated document, speculation about this year’s fiscal iteration has been intense.
Fix Housing affordability crisis, impose 40% stamp duty from second investment property onwards, remove Hoarders, save First homes buyers. We need roof over head. Not roof over trains
OPINION: The Financial Review is bought and paid for by billionaire oligarchs
Queensland has the largest State debt per capita doesn't it, so probably not the best place to look?
Labor has been splashing cash like water More $-bils for childcare, maternity leave, NDIS and aged care Now flood support Then they want to have tax cuts too to please miners earning $200k
Then we're doomed 😬
loser in any state
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Wages, inflation set to rise in Chalmers first budgetTreasurer Jim Chalmers says Australians are likely to see their wages rise along with inflation in forecasts to be published in his first budget later this month. Why not do something about inflation instead? Find a way to disincentivise the greedy grifters making the windfall profits that are pushing up energy prices, using OUR resources. This greedy war profiteering was a serious crime in previous periods of war! Electricity prices did not need to go up, our labour government let this happen . Thanks AustralianLabor
Source: FinancialReview - 🏆 2. / 90 Read more »
Water to be released from Wivenhoe Dam ahead of looming wet seasonWater from south-east Queensland's largest dam will be released for a two-week period in a bid to prepare the state for the looming wet season. cassiemcblane But our dams will NEVER fill again said the experts and BOM! It's 2022. The preferred nomenclature is 'Sex workers.'
Source: abcnews - 🏆 5. / 83 Read more »
Chalmers must shed light on his ominous budget conversationOPINION: Jim Chalmers has started a conversation with the Australian people about the nation’s economic challenges. But it is woefully lacking a clear narrative. Typical labour CRAP by the so called ‘ Doctor “ reminds in the old days a gift of the gab so called Doctor hit town with all types of BULLSHIT claims ,
Source: FinancialReview - 🏆 2. / 90 Read more »
Chalmers says he will warn Powell on interest rate risksTreasurer Jim Chalmers will warn the Fed Reserve chairman of the impact of higher interest rates, and also says he won’t touch stage three tax cuts in his first budget. GrogsGamut I have a small home loan that we recently consolidated for a better interest rate which seen us paying much less per month. Our repayments have increased by 1/4 since July. Pretty frustrating, but nothing compared to young families buying their 1st home - or renters I'm pretty sure they can fuck there own country without your help..
Source: FinancialReview - 🏆 2. / 90 Read more »
Queensland police commissioner looks to oust officers accused of racism and harassmentComes after Katarina Carroll was last week confronted with dozens of cases that were dealt with via ‘local management resolution’ Just being accused is enough - wow Good for her Start with yourself in that case. Sacking people bases on bodily autonomy. Disgusting.
Source: GuardianAus - 🏆 1. / 98 Read more »
Chalmers to raise ‘blunt and brutal’ monetary policy with US Federal ReserveJim Chalmers has arrived in Washington for a critical meeting of central bankers and global finance ministers, warning that Australia would not be immune from “a substantial deterioration” in economic conditions. FarrahTomazin And they'll ignore him FarrahTomazin Huh good luck w that FarrahTomazin He has quite an ego if he thinks they will even listen to him.
Source: theage - 🏆 8. / 77 Read more »