Australian Politics Forum - Turnbull govt gets the economy moving

bogarde73

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Turnbull govt gets the economy moving
Jun 6^th, 2016 at 1:42pm

AAP:

Employer demand for more staff is finally picking up pace, with the number of job advertisements spiking in May after stalling for six months.

Job ads on the internet and in newspapers rose sharply, by 2.4 per cent, in May and were up 9.1 per cent for the year, figures from ANZ show.

ANZ head of Australian economics Felicity Emmett says the economy is chugging along quite well and the transition to non-mining activity is gaining traction.
"The rise in job ads is consistent with the strength in business conditions, which point to ongoing solid growth in the economy," she said.
Ms Emmett said the strong first quarter national GDP report, released by the Australian Bureau of Statistics last week, shows that the housing and services industries are doing the heavy lifting as the mining boom fades.

"These sectors are also clearly helping to support jobs growth," she said.

Gross domestic product rose 1.1 per cent in the March quarter and 3.1 per cent through the year, in each case the fastest for at least three years.

Ms Emmett noted that ongoing weak wage growth is likely to continue to drive solid employment gains.

"But very low growth in labour costs is feeding through to very low inflation," she said.

"With inflation set to stay outside the RBA's target band until at least mid-2017, we expect to see another cut in the cash rate in August to a low of 1.5 per cent."

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Know the enemies of a civil society by their public behaviour, by their fraudulent claim to be liberal-progressive, by their propensity to lie and, above all, by their attachment to authoritarianism.

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Agnes

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Re: Turnbull govt gets the economy moving
Reply #1 - Jun 6^th, 2016 at 1:43pm

bogarde73 wrote on Jun 6^th, 2016 at 1:42pm:

AAP:

Employer demand for more staff is finally picking up pace, with the number of job advertisements spiking in May after stalling for six months.

Job ads on the internet and in newspapers rose sharply, by 2.4 per cent, in May and were up 9.1 per cent for the year, figures from ANZ show.

ANZ head of Australian economics Felicity Emmett says the economy is chugging along quite well and the transition to non-mining activity is gaining traction.
"The rise in job ads is consistent with the strength in business conditions, which point to ongoing solid growth in the economy," she said.
Ms Emmett said the strong first quarter national GDP report, released by the Australian Bureau of Statistics last week, shows that the housing and services industries are doing the heavy lifting as the mining boom fades.

"These sectors are also clearly helping to support jobs growth," she said.

Gross domestic product rose 1.1 per cent in the March quarter and 3.1 per cent through the year, in each case the fastest for at least three years.

Ms Emmett noted that ongoing weak wage growth is likely to continue to drive solid employment gains.

"But very low growth in labour costs is feeding through to very low inflation," she said.

"With inflation set to stay outside the RBA's target band until at least mid-2017, we expect to see another cut in the cash rate in August to a low of 1.5 per cent."

Just in time for the election- read it and roll your eyes Roll Eyes

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Turnbull govt gets the economy moving Reply #2 - Jun 6^th, 2016 at 1:46pm They send a load of LPG from train 1 in Gorgon ( before they damaged it ) and they reckon the country is off it knees . Low wage growth And economy in deflation High unemployment This is the harsh reality under these dipshits
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bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Turnbull govt gets the economy moving Reply #3 - Jun 6^th, 2016 at 1:46pm These things don't happen overnight Agnes. It takes time to turn a badly damaged economy around . . .and boy was it damaged by Labor!
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Agnes Gold Member Offline fish dinner Posts: 6081 Bedford Park rnd	Re: Turnbull govt gets the economy moving Reply #4 - Jun 6^th, 2016 at 1:50pm bogarde73 wrote on Jun 6^th, 2016 at 1:46pm: These things don't happen overnight Agnes. It takes time to turn a badly damaged economy around . . .and boy was it damaged by Labor!
Back to top	x=^..^= x <o((((>< ~~~ x=^..^=x~~~x=^..^=x<o((((><~~~x=^..^=x farewell to days of wild abandon and freedom in the adriatic IP Logged

polite_gandalf

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Re: Turnbull govt gets the economy moving
Reply #5 - Jun 6^th, 2016 at 1:53pm

Wage growth is at the lowest on record. Part-time/casual jobs are becoming the norm.

For fat cats at the top of the pile, of course this is a sign of great things, and so its no surprise we see language like "the economy is chugging along quite well".

For everyone else though, its just more of the same: harder and harder to make ends meet and bigger and bigger gap in inequality.

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Outlawing the enemy's uniform - hijab, islamic beard - is not depriving one's own people of their freedoms.

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Vic

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Re: Turnbull govt gets the economy moving
Reply #6 - Jun 6^th, 2016 at 1:55pm

Agnes wrote on Jun 6^th, 2016 at 1:50pm:

bogarde73 wrote on Jun 6^th, 2016 at 1:46pm:

These things don't happen overnight Agnes. It takes time to turn a badly damaged economy around . . .and boy was it damaged by Labor!

Jeez - it's only been nearly three years since Labor were booted out. How much time do they need?

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“Fantastic. Great move. Well done Angus”

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Agnes

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Re: Turnbull govt gets the economy moving
Reply #7 - Jun 6^th, 2016 at 1:56pm

polite_gandalf wrote on Jun 6^th, 2016 at 1:53pm:

Wage growth is at the lowest on record. Part-time/casual jobs are becoming the norm.

For fat cats at the top of the pile, of course this is a sign of great things, and so its no surprise we see language like "the economy is chugging along quite well".

For everyone else though, its just more of the same: harder and harder to make ends meet and bigger and bigger gap in inequality.

this ^

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bogarde73

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Re: Turnbull govt gets the economy moving
Reply #8 - Jun 6^th, 2016 at 2:23pm

polite_gandalf wrote on Jun 6^th, 2016 at 1:53pm:

Wage growth is at the lowest on record. Part-time/casual jobs are becoming the norm.

For fat cats at the top of the pile, of course this is a sign of great things, and so its no surprise we see language like "the economy is chugging along quite well".

For everyone else though, its just more of the same: harder and harder to make ends meet and bigger and bigger gap in inequality.

So you just give up Gandalf? You don't look for positive news, only bad signs.
We know Mr Shorten is not positive, We know he doesn't think he can win. Now there's a personality to be in charge of the economy.

Malcolm Turnbull has always been a bloke who believes he can win and make things work.

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Know the enemies of a civil society by their public behaviour, by their fraudulent claim to be liberal-progressive, by their propensity to lie and, above all, by their attachment to authoritarianism.

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Agnes

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Re: Turnbull govt gets the economy moving
Reply #9 - Jun 6^th, 2016 at 2:27pm

bogarde73 wrote on Jun 6^th, 2016 at 2:23pm:

polite_gandalf wrote on Jun 6^th, 2016 at 1:53pm:

Wage growth is at the lowest on record. Part-time/casual jobs are becoming the norm.

For fat cats at the top of the pile, of course this is a sign of great things, and so its no surprise we see language like "the economy is chugging along quite well".

For everyone else though, its just more of the same: harder and harder to make ends meet and bigger and bigger gap in inequality.

So you just give up Gandalf? You don't look for positive news, only bad signs.
We know Mr Shorten is not positive, We know he doesn't think he can win. Now there's a personality to be in charge of the economy.

Malcolm Turnbull has always been a bloke who believes he can win and make things work.

Do you care that they want to get rid of Medicare Bogarde? That they want to Americanise our health care system..

And Malcolm ain't the mover and shaker he was once purported to be.

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farewell to days of wild abandon and freedom in the adriatic

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polite_gandalf

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Re: Turnbull govt gets the economy moving
Reply #10 - Jun 6^th, 2016 at 2:28pm

bogarde73 wrote on Jun 6^th, 2016 at 2:23pm:

polite_gandalf wrote on Jun 6^th, 2016 at 1:53pm:

Wage growth is at the lowest on record. Part-time/casual jobs are becoming the norm.

For fat cats at the top of the pile, of course this is a sign of great things, and so its no surprise we see language like "the economy is chugging along quite well".

For everyone else though, its just more of the same: harder and harder to make ends meet and bigger and bigger gap in inequality.

So you just give up Gandalf? You don't look for positive news, only bad signs.
We know Mr Shorten is not positive, We know he doesn't think he can win. Now there's a personality to be in charge of the economy.

Malcolm Turnbull has always been a bloke who believes he can win and make things work.

But I'm not giving up Boges - I'm exposing the BS of the economic elites for what it is.

How could I hope to change the system without attempting to expose it?

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A resident Islam critic who claims to represent western values said:
Quote:

Outlawing the enemy's uniform - hijab, islamic beard - is not depriving one's own people of their freedoms.

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Turnbull govt gets the economy moving Reply #11 - Jun 6^th, 2016 at 3:40pm bogarde73 wrote on Jun 6^th, 2016 at 1:42pm: job advertisements spiking in May after stalling for six months. so after the libs caused it to flat line for 6 months, we're supposed to be grateful that there is a one off spike?
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juliar Gold Member Offline Australian Politics Posts: 22966	Re: Turnbull govt gets the economy moving Reply #12 - Jun 6^th, 2016 at 3:51pm The LNP will restore Australia to Capitalist prosperity. Labor and the Greenies will reduce Australia to dust.
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polite_gandalf Gold Member Offline Australian Politics Posts: 20027 Canberra Gender:	Re: Turnbull govt gets the economy moving Reply #13 - Jun 6^th, 2016 at 4:11pm juliar wrote on Jun 6^th, 2016 at 3:51pm: The LNP will restore Australia to Capitalist prosperity. I fear this may be true - boom times for the 1% and multinational foreign investors - and to hell with everyone else.
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Sir lastnail

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Re: Turnbull govt gets the economy moving
Reply #14 - Jun 6^th, 2016 at 4:14pm

bogarde73 wrote on Jun 6^th, 2016 at 1:42pm:

AAP:

Employer demand for more staff is finally picking up pace, with the number of job advertisements spiking in May after stalling for six months.

Job ads on the internet and in newspapers rose sharply, by 2.4 per cent, in May and were up 9.1 per cent for the year, figures from ANZ show.

ANZ head of Australian economics Felicity Emmett says the economy is chugging along quite well and the transition to non-mining activity is gaining traction.
"The rise in job ads is consistent with the strength in business conditions, which point to ongoing solid growth in the economy," she said.
Ms Emmett said the strong first quarter national GDP report, released by the Australian Bureau of Statistics last week, shows that the housing and services industries are doing the heavy lifting as the mining boom fades.

"These sectors are also clearly helping to support jobs growth," she said.

Gross domestic product rose 1.1 per cent in the March quarter and 3.1 per cent through the year, in each case the fastest for at least three years.

Ms Emmett noted that ongoing weak wage growth is likely to continue to drive solid employment gains.

"But very low growth in labour costs is feeding through to very low inflation," she said.

"With inflation set to stay outside the RBA's target band until at least mid-2017, we expect to see another cut in the cash rate in August to a low of 1.5 per cent."

yeh more jobs for realestate agents and nail bangers makes up the 21st century economy Cheesy

LOL

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