Don’t be fooled by Treasurer’s budget spin
If you don’t immediately pick up the flight from Labor’s fiscal spin twins, you’ll lose your bearings – and your stumps.
If you don’t immediately pick up the flight from Labor’s fiscal spin twins, you’ll lose your bearings – and your stumps.
The RBA’s new interest-rate setting board should have been done and dusted a year ago, but Canberra’s bare-knuckle politics got in the way.
Labor’s pre-election spending spree has eaten up the surplus and kept borrowing rates higher for longer. It’s time to tighten up.
The inflation dragon has not been slayed but pain relief for borrowers may come before next year’s federal poll.
A nasty US-China trade war and a plunge in our export earnings will make it much harder to fund social services – and fix the budget.
Like the Whitlam era’s spending splurges, Labor’s short-term fixes and stimulus are risky business.
Labor is at risk of a revolt from Millennials and Gen Xers, who have suffered the most from the big slide in our living standards.
Today’s economic malaise has deep roots. What will it take to shake our political leaders from their slumber?
Australia will look very different in the next few decades as the population ages and the number of elderly people almost doubles. Are we ready for the coming era of ageing?
As Labor faces voter fury on housing and a squeeze on living standards, time is running out to change course.
Original URL: https://www.theaustralian.com.au/author/tom-dusevic/page/2