Where have all these jobs been created, small businesses have been going under more than ever. Increasing public sector jobs does not help productivity and only increase the burden on tax payers that have to pay for them.
To my Australian brothers and sisters you are not alone. They are clearly lying to us about where our taxes are going. Much love from the USA. These rare cuts mean nothing to us regular people
Government needs to stop printing money! Interest rates should be fixed at 6.25%! Immigration needs to stop for 5 years! Everything in our country is in danger.
Banana economics by Labor... make all the key macro metrics look good but on a personal level we are getting poorer and struggling. GDP, unemployment, a surplus all manipulated to the peril of per capita metrics.
Productivity is not increasing how many are working less hours couple hours in a cafe classified as employed and the government employing more in public sector so how much productivity is in the real economy that we keep hearing we need more workers in the building industry which has now become top heavy with white collar and building company's turning belly up fastest that we have seen in decades.
Uber economy is kinda hollow huh? It's tax free if under 18,200... easy to make cash friends and networks. "Highest taxed people". Go chase the top 200.
When rates do drop people should not increase their spending and build up their savings, for the eventual price rises and to counter anaemic wages growth.
I would love to work if I can find a job. Being applying since May n only 2 interviews so far where I was unsuccessful. Wonder where the jobs have been created.
Lower interest rates are not such good news..Those who rely on bank interest to generate a little bit of extra cash via their modest savings accounts have been stuffed for years..Continuing low rates combined with rapid and excessive population growth will only ensure that the housing crisis continues and household debt will also continue to increase. .Money is far too cheap to borrow.Anyone who can't pay 10% on a loan has.obviously borrowed too much.money
@@andrewmckay2118 Learn to spell.... and proofread ....you idiotic pile of garbage before you jump to equally idiotic conclusions. In fact, why not do yourself and those close to you a big favor and simply bring it all to a swift end?
Where have all these jobs been created, small businesses have been going under more than ever. Increasing public sector jobs does not help productivity and only increase the burden on tax payers that have to pay for them.
To my Australian brothers and sisters you are not alone. They are clearly lying to us about where our taxes are going. Much love from the USA. These rare cuts mean nothing to us regular people
Government needs to stop printing money!
Interest rates should be fixed at 6.25%!
Immigration needs to stop for 5 years!
Everything in our country is in danger.
Except noone listens. It's inevitable at this stage.
No one talks about productivity. You never mention who is employing the people it is government!
And not for profit (NDIS) funded by federal government
The labour rate is false . If you work 4 hrs a week. That's classed as a full-time job.
Banana economics by Labor... make all the key macro metrics look good but on a personal level we are getting poorer and struggling.
GDP, unemployment, a surplus all manipulated to the peril of per capita metrics.
Remember...the majority of jobs created atm are in the public sector..not private. Typical Labor govt move..both satte and federal
Most of these people are prob casuals and could only work so many hours per day or weekly and this is probably why unemployment is down 🤔
Another great interview Ross… 👍👍
Productivity is not increasing how many are working less hours couple hours in a cafe classified as employed and the government employing more in public sector so how much productivity is in the real economy that we keep hearing we need more workers in the building industry which has now become top heavy with white collar and building company's turning belly up fastest that we have seen in decades.
Uber economy is kinda hollow huh? It's tax free if under 18,200... easy to make cash friends and networks. "Highest taxed people". Go chase the top 200.
We need a 1% rate rise.
Not cuts.
Prices have almost doubled in the past couple of years.
Unsustainable inflation out of control.
Why even report on interest rate cuts. If they cut it will likely be one or 2 .25 cuts. They won't fall for making them 0.10 agian
Human Shields 🛡️ got alot out of this update.
Thankyou.
When rates do drop people should not increase their spending and build up their savings, for the eventual price rises and to counter anaemic wages growth.
I would love to work if I can find a job. Being applying since May n only 2 interviews so far where I was unsuccessful. Wonder where the jobs have been created.
I am out of work too and have been for a while
plenty of work on the banana plantations in north qld.
Lower interest rates are not such good news..Those who rely on bank interest to generate a little bit of extra cash via their modest savings accounts have been stuffed for years..Continuing low rates combined with rapid and excessive population growth will only ensure that the housing crisis continues and household debt will also continue to increase.
.Money is far too cheap to borrow.Anyone who can't pay 10% on a loan has.obviously borrowed too much.money
Eat it, Bommer, you got enough money
@@andrewmckay2118 Learn to spell.... and proofread ....you idiotic pile of garbage before you jump to equally idiotic conclusions. In fact, why not do yourself and those close to you a big favor and simply bring it all to a swift end?
@@andrewmckay2118Learn to spel and profreed dingbat
Do you Human Shields 🛡️get a interest cut also ?
no
Is there a Factory that makes Human Shields like Surfboards ?