‘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.
...and the Albanese immigration voter gravy train continues unabated!
😢😢😢
Labor are not useless
Labor greens teals lambie etc are dangerous
Why, when we have so much immigration what exactly are they contributing for Australia.. They are here with parents and breeding ..
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?
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
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
Government should be tried for treason
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.
Not the only rises without direct cost of living relief expect more tents cities and crime too
Surplus my arse! Labor keeps up taxing
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.
So expect Stagflation?
Yep
Yip 100%
Not to mention, the controlled demolition of Australian society continues unabated.
where palasine penny ? she has been quiet!
Fantastic job from that zero albatross albanese.
More jobs to be created in the dept of the thought police
Sound like a Dan retake!
Government needs to go! What a joke
And an unrealistic immigration level is one of the most significant factor!!!
Iron ore doesn't keep the lights on --coal does
Not true.. plenty of in demand jobs for teachers, nurses, police, miners, construction.
Stagflation
“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.
Ponzi.Ponzi,Ponzi.
ha ha didnt you have a plan we have a plan etc at nausium !!!!!!
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.
Nextbis the Recession that Albo had to have.
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.
should I migrate to Oz? hehe 😂😅😊
No stay in your shit country we have to many immigrants
what are those polititions doing why they geting payed
Read all about it 🗞️🗞️📰 … RECESSION IS THERE! Read all about it 🤦♀️🚨
Cleaning up the ties before the extreme hunger and WWIII... St.Thomas