‘Rise’ in unemployment expected as Australia’s economy slows

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  • Опубліковано 12 тра 2024
  • S&P Global Ratings' Anthony Walker says as the economy slows, there will be a “rise” in unemployment.
    Mr Walker told Sky News Australia that the government’s tax take will “start to weaken”.
    The looming federal budget will need to strike the right balance between providing cost of living relief and not loading up Australian consumers and businesses with too much extra cash.
    Excess cash could trigger a spending spree in the September quarter.
    From a fiscal perspective, Australia’s credit rating remains AAA.

КОМЕНТАРІ • 50

  • @KIA-MIA-POW
    @KIA-MIA-POW 15 днів тому +41

    ...and the Albanese immigration voter gravy train continues unabated!

  • @markeden767
    @markeden767 15 днів тому +15

    Labor are not useless
    Labor greens teals lambie etc are dangerous

  • @Dash829
    @Dash829 15 днів тому +27

    Why, when we have so much immigration what exactly are they contributing for Australia.. They are here with parents and breeding ..

    • @johncorlett3699
      @johncorlett3699 15 днів тому +1

      and getting benefits, which as an immigrant in the early 2000's, i was not allowed access to for two years, fully self funded. who funds the india assistance organisations?

    • @user-lo3eu9it2b
      @user-lo3eu9it2b 14 днів тому

      who cares about you,we are all free range slaves,almost half your earning goes to tax when you think about it,payg tax,gst,council,land tax,land tax surcharge,medicare levy,and more,on top of all that,there is seigniorage,printing money to flood the market means taking away the real value of what you exchanged hard work for

  • @retrothingz
    @retrothingz 15 днів тому +16

    Worst possible scenario...increasing interest rates as Australia heads into a recession. Wake up people. The only reason for the massive deluge of new arrivals is to cover up a stalling economy

  • @morganoox3838
    @morganoox3838 15 днів тому +13

    Government should be tried for treason

  • @seppDietrich-ys9jq
    @seppDietrich-ys9jq 15 днів тому +15

    If you want it to stop. If you want it to change. Do not vote ALP, Lib or Greens at the next election. If you do, you are telling them its ok not to consider you and your families situation.

  • @stevenhamilton9790
    @stevenhamilton9790 15 днів тому +10

    Not the only rises without direct cost of living relief expect more tents cities and crime too

  • @AnthonyTolhurst-dw1nc
    @AnthonyTolhurst-dw1nc 15 днів тому +8

    Surplus my arse! Labor keeps up taxing

    • @soma4u289
      @soma4u289 13 днів тому

      All these taxes are wangling the way through the Local governments State Governments and who is at the centre of the web...this Federal redback spider. The Victims are truly us don't be fooled hard working Aussies.

  • @paulfri1569
    @paulfri1569 15 днів тому +12

    So expect Stagflation?

  • @pickledturnip-weseeu
    @pickledturnip-weseeu 15 днів тому +5

    Not to mention, the controlled demolition of Australian society continues unabated.

  • @pkd6369
    @pkd6369 15 днів тому +7

    where palasine penny ? she has been quiet!

  • @DOWNUNDER.
    @DOWNUNDER. 15 днів тому +9

    Fantastic job from that zero albatross albanese.
    More jobs to be created in the dept of the thought police

  • @jasminetutt7631
    @jasminetutt7631 14 днів тому +2

    Government needs to go! What a joke

  • @user-ez5qc4ok4r
    @user-ez5qc4ok4r 15 днів тому +2

    And an unrealistic immigration level is one of the most significant factor!!!

  • @hickory01au
    @hickory01au 15 днів тому +2

    Iron ore doesn't keep the lights on --coal does

  • @jackfieldsjack1061
    @jackfieldsjack1061 14 днів тому +1

    Not true.. plenty of in demand jobs for teachers, nurses, police, miners, construction.

  • @VishalSharma-bg7qj
    @VishalSharma-bg7qj 15 днів тому +2

    Stagflation

  • @habib_the_panda_odst
    @habib_the_panda_odst 15 днів тому +1

    “The fiscal challenges are not that challenging for the next twelve months”
    “As the economy slows unemployment will rise”
    The first quote only makes sense if your goal is to shrink the economy.

  • @soma4u289
    @soma4u289 13 днів тому +1

    Ponzi.Ponzi,Ponzi.

  • @pkd6369
    @pkd6369 15 днів тому +2

    ha ha didnt you have a plan we have a plan etc at nausium !!!!!!

    • @hollysmith1347
      @hollysmith1347 15 днів тому

      I know of someone else who always had a plan. He ended up turning on everyone and ran away.
      -Dutch RDR2
      But seriously their plan doesn't seem to be organised.

  • @rabidsminions2079
    @rabidsminions2079 14 днів тому

    Nextbis the Recession that Albo had to have.

  • @user-yj4pv6nx3s
    @user-yj4pv6nx3s 14 днів тому

    A bit more cash, what a hoot. $14 is hardly going to make a big difference lol won’t even buy a pack of cigarettes. Barely buy some bread and milk. Ridiculous statement.

  • @jol166
    @jol166 15 днів тому +1

    should I migrate to Oz? hehe 😂😅😊

    • @BrentPaton
      @BrentPaton 13 днів тому

      No stay in your shit country we have to many immigrants

  • @Ich_slage_dich_in_dominos
    @Ich_slage_dich_in_dominos 15 днів тому +11

    what are those polititions doing why they geting payed

  • @LilyWhiteAkAConspiracyRealist
    @LilyWhiteAkAConspiracyRealist 15 днів тому +7

    Read all about it 🗞️🗞️📰 … RECESSION IS THERE! Read all about it 🤦‍♀️🚨

  • @St.Thomas-er9iu
    @St.Thomas-er9iu 15 днів тому +6

    Cleaning up the ties before the extreme hunger and WWIII... St.Thomas