John Smith wrote Yesterday at 4:26pm:
Baronvonrort wrote Yesterday at 4:24pm:
Labor is sending us towards a $Trillion in debt.
Pissing away $96 Million for BOM website is just one example of their waste.
You can thank turnbull for that one
Labor spent $96.5 million on a website
Labor spent $13 million on machete bins.
Labor gave Palestine $150 million since Oct 7th when Hamas broke ceasefire and started war.
Labor are pissing away taxpayers money faster than a drunken sailor.
Latest data show inflation rising interest rates are predicted to go up again.
Labor have no plan we are racing towards a $trillion in debt
Quote:Inflation jump wipes out chances of rate cut – and puts rate hike back on the table
The Reserve Bank may have to consider an emergency interest rate rise at its final meeting of the year and Treasurer Jim Chalmers could look at spending cuts after an unexpected jump in inflation suggests price pressures are growing across the economy.
The new monthly consumer price index, released by the Australian Bureau of Statistics on Wednesday, showed inflation lifting to 3.8 per cent in the 12 months to the end of October. It had been 3.6 per cent to the end of September.
Another worry is the breadth of inflation with the prices of more goods and services growing at faster than 3 per cent than those by less than 2 per cent, the first time that has occurred since the middle of last year.
Electricity prices have increased by 37.1 per cent over the past 12 months. Rents fell by 0.2 per cent in the month but over the past 12 months they have increased by 4.2 per cent.
And prices for beef and lamb have lifted by more than 10 per cent
EY chief economist Cherelle Murphy said there was no chance the Reserve Bank will cut interest rates at its last meeting of the year on December 8-9.
“A rate hike may even be considered given the next board meeting is not until February,” she said.
After a $10 billion deficit last financial year, the 2025-26 budget was forecast in March to show a deficit of $42.1 billion.https://www.smh.com.au/politics/federal/inflation-jump-wipes-out-chances-of-rate... AnAl promised us 94 times before he was elected electricity would be $275 cheaper it has gone up 37% in the last year.
Labor are chronic bullshitters