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Dr of what hand outs and bs

You should really watch “Finding the Money”. Shocking and informative.

What would these clowns know about anything parasites all

Lol 😅😅 stealhing is so cool 😎

Liquidfied Petrolem Gas (LPG) is a by product of Petroleum. Let it go to the Atmosphere or use it ? Liquidfied Natural Gas (LNG) is a by product of drilling and we use in now in place of the 'old' Coal Gas method. Let it go to the Atmosphere or use it for Energy ? Politicians are not doing the "Right Thing" for Society. Dumb or Deluded decisions? BOTH. 🇦🇺

Richard Denniss talks as if government can spend without regard for the fact that everything in the economy is in a situation of basic scarcity and so has to be produced at a cost which is factored in as prices of commodities and labour. His thinking ignores this basic understanding and acts as if it is of no consequence or does not matter. He also ignores the reality that government spending is essentially re allocation of the financial assets that have been determined by competition between produces. This ignorance of price mechanisms ignores the very factors which have already been determined as a result of being more efficient and which are reflected in those prices. It is essentially just dumb economics that is just a fantasy belief that government (politicians) is the driver of economic wealth and prosperity.

I attended PITP yesterday and agreed with pretty much everything that was said. Albanese has taken small target government to the next level with this budget. While not a terrible budget, it was a wasted opportunity. I have my doubts about the Greens, but a minority Labor government with support from sensible, pragmatic independents is probably our best hope. One issue which doesn't seem to be on the radar of many progressive commentators, however, is the significance of the so-called "culture wars" that is raging online. An increasing number of Australians are pushing back against what they perceive as "woke overreach" by the left. Whatever you think about the conservative social values they are trying to defend, this backlash is drowning out any sensible discussion of the critical economic and environmental problems we so care about. While this cultural division is being magnified and accelerated by social media, progressives must find a way of engaging with the large and growing segment of the population which feels alienated (wrongly or rightly) by the progressive agenda. All the excellent and rational ideas of the Australia Institute will be to no avail if this cultural polarisation continues to intensify.

Why don't the Pacific Island nations love us? Why would they want to get closer with our biggest trading partner and not us?

😂😂 people who say we can't go broke are stupidity ignorant.

*YT Quick Survey #11:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?

Because talking IS ALL they ever do NO action !!!!!!!!!!!!!!!!!!!!

Doing something about inequality is so old school Labor. It's a very different Labor party now.

Budget one how pensioners

Budget one how pensioners

The facts are that Scott Morrison and the Liberal party nearly destroyed Australia's economy with money printing, absurd submarines purchases and anti China business antics

Precision is not Accuracy, and refreshing the labelling on the Monachist Expeditionary Forces by an inversion of the facts as to who has power without glory, that's standard practice in Pirate Empires disguised as an effective defense of the Realm. When the Monarch serves the people as the defense against internally destructive behaviour like the fossil fuel extraction without paying realistic compensation.. (dunno what to say).

Interest rate increases actually cause higher inflation because they give people who already have money more money to spend. Increasing interest rates in a supply-constrained economy will never be able to reduce inflation. It drives people into poverty and allows the already rich to cream off the weeklath of the poor who are paying more for home loans and goods and services. 😡

The Federal Government's surplus is the private sector's deficit. Conversely, the Federal Government's deficit is the private sector's surplus. In other words, what the Federal Government spends, but doesn't tax back, is our savings. It's what enables us to buy goods and services. 🙂

Does this mean the liberal faithful don’t get to use the old “Labor are bad money managers” line? How will they make noise??? Oh bother.. oh wait no, there’s always something to talk about.. Keep us all distracted

Hardworking Australians again end up facing the brunt of the economy. 1. Not rebates but Electricity and gas prices to be reduced for local consumption if you are producing it in the country. 2. Enable house construction with zero deposit for FHB's 3.Reduce Investment loans on existing homes and promote investor loans for construction 4.Reduce tax further for people under 250K per annum, so people can use the money to invest back in the economic growth 5.Provide better loans for business and entrepreneur loans for small scale industries 6. Last but not least- does Tax payers or hardworking have no say in the tax ? We elect them but they end up hurting us and taking away our hard earned money.

Australia is still suffering from the serious aftereffects of neoliberalism. Most ordinary Australians have been hoodwinked by mainstream media that tells them they have to tighten their belts, accept low wage growth, poor public and community services, expensive road tolls, high private health insurance/ energy costs and high food costs. Yet huge profits made by financial corps, fossil fuel corps, health insurance corps is okay and necessary. No austerity for the CEO’s of those corps they receive huge remuneration packages and retire millionaires.

So the budget is more of the “just barely enough” kind of thing labor have been doing with every policy……wonderful, glad labor have gone for the lowest amount of effort possible whilst applying bandaids to every problem in hopes the problems fix themselves…..

No. It’s all about selling out our natural resources an we get no financial benefit. It’s all about allowing multinationals setting up shell HQs outside our country and paying no taxes. It’s all about our government privatising essential services so we all get reamed. 2:30 And it’s all about tax incentives that feed the greed of the rich and leave the remaining 95% fcuked.

Good to see the 3 amigos back in business. A good summary and discussion of a very important budget.

This is a brilliant discussion, thank you. Btw did you know in WA they reserve 30% of energy input resources for local consumption at a pre agreed price. I believe it was a Liberal government how surprising, who would have thunk.

More free money to Gina bloody Rinehart, more tax-free super profits shipped offshore from resource extraction, more subsidies for foreign owned mining companies, more handouts to property owners, free money for the rich to help them pay for electricity instead of it being means tested. Nothing for renters, a pittance for the unhoused, and I’m guessing bugger-all for public transport and heavy rail networks but it’s Christmas every day for making traffic worse with yet more roads and freeways. And let’s not forget gaoling a whistleblower for exposing war crimes whilst the war criminals don’t even get a slap on the wrist. That’s why I now vote Green, the real workers party.

"Phil Coorey writes a great article" said no one, ever.

More tents baby!

I glad that Australia Institute is getting some air time.. One party is just looking after it's mates and the other is scared to do genuine reform. It is the people of Australia who must speak louder to make our politicians brave enough to do what is required ie affordability, fossil fuel subsidies, HEX, housing and that other minor issue "Climate change".

Stan is such a gronk.

For my views , very briefly , I feel that a highlight that would bring me one of the brightest memorable meaningful highlights that I could witness in my lifetime would be for you to have a conversation with Martin North on his independent broadcasting programmes /channels at Walk The World , IOTP , DFA , which I truly believe would result in one of the most viewed programmes in the current affairs of problems facing ALL Australians . With the greatest of respect and admiration , from Robert of Australia 🇦🇺.

whatever the government does it is always designed to screw you over.

What website was mentioned for opportunities?

Why oh why don't they make the choices suggested so well in this report?

Richard Denniss makes some good points and should speak up more often. We can't continue to plug the leaks on the HMAS Australia when and where they appear, the ship needs a massive renovation from the bottom up before it sinks. Over time we have brought 100 of thousands of people, immigrants, onto this leaky boat without any cabins for them to live! We need to know how we are in the situation that we are in and not so much how we patch a messed system going forward. For example cost of living is high, including essentials like food, energy, fuel etc and so an answer is to increase people's wages. This is not going to necessarily happen as companies will want to take extra profits, companies want higher stock valuation and stock holders want more dividends. But we have to understand how we got to this position in the first place and fix the causes of these and not have to deal with the inevitable problems downstream. Cost of essentials (cost of living) should not be excessive. Companies providing essentials should not have a CEO on massive salary package. Electricity, gas, fuel, food, internet, health services, insurance and cost of property (a house in not a vehicle to make property holder rich its a human right for all of us to have a roof over our heads), rents should all be cheap and can be in a country like Australia. People cannot live and work and achieve and make Australia a great country. People will not and are not having children and rightly so, with no hope of affording their upbringing. All of these things could have been prevented. Australia has massive problems that are not going away if you just patch here and there at the periphery. The big end of town are doing very well indeed at the expense of the struggling people of Australia growing in numbers.

People cant afford to live so lets prop up the corporate profits by giving them our tax money as well...

Stop shopping there then you lazy whingers. You wanted centralised stores, you wanted cheaper prices (in the beginning). It was all too convenient. You’re shopping habits killed the local mum and pop shops so you reap what you sow. It’s just like voting for certain parties then whinging about the consequences of their policies.

The Greek Lenin strikes.again.

Yet again, RD doubles down on $14B in FF subsidies, a claim that has been debunked many times.

Idiotic comments by Richard Denniss again who is supposed to be an economist but displays a lot of head in the sand thinking instead of viewing the whole scenario. His comments such as government " there is lot of opportunity for the government if they want to take it to low people's cost of living by doing things like lowering the cost of medicine lowering the cost of going to the doctor, lowering the cost of going to university because it is actually the government itself who sets a lot of these prices." Totally wrong because it assumes that government can lower the overall cost when all it can do is hide the real cost and charge the public through taxes. Example. - When it lowers prices for university fees it charges someone else to obtain the financial cost (getting the money) and that someone else. The government is just transferring the cost of living from one person to another so it appears they have lowered it when the reality is it just is a political stunt that hurts some groups or individuals at the cost of others. It seems that in his case going to university was waste of money in his case if he can't understand those simple perennial facts but is caught in a head in the sand type of thinking.

2 surpluses during col crisis is nothing to crow about and history won't see them as valid or just a blip in figures most likely. What a chance blown by this neo Labor party. A Whitlam moment squandered. Gas subsidies not a change says a lot. Housing and an effort to take back power billers and toll roads then vaulted shut would've been a great legacy while highlighting lib bad leadership. We have digressed to Tom n Jerry leadership and that has to stop. Even worse libs privatise Labor don't even bother any more trying to fix it. .

The vast bulk of the $14.5 B are tax rebates, i.e. they are NOT SUBSIDIES. A decision by government to not return a rebate is not withdrawing a subsidy, it is deliberately taxing the individual business, and is bordering on illegal. For the rebate to be removed for all businesses, will punish mining, agriculture and warehousing businesses that are not engaged in fossil fuels.

100% classic Labor budget. Tax & spend, tax & spend.

old adage. when a politicians lips are moving you know they are lying. the whole concept of "capitalism" is just a poonzi scheme. if you dont have "capital" to grow wealth your, kaaput. you are just fresh meat at the bottom of the scheme.

Coles and Woolies think their customers are punters who deserve to be conned.

How about Australia taxes fossil fuels and billionaire's? Other countries do, why do we have to be bottom LNP 1%

This guy has never run a chook raffle let alone a business he’s tax and give away money don’t work he’s a parasite

A surplus means the government is taking money out of the economy. Not good for people who are struggling! I never hear “TAX the rich multi national energy companies!” Didn’t the Australia Institute companies are causing most inflation!

Giving 14 billion a year to tax dodging fossil fuel companies highlights the criminal connections between government and big business and donations have corrupted the 2 major parties to the bone. 4 thousand dollars a year extra to wealthy Australians and many are still complaining it's not 9 thousand Australia is a good place to be rich not so good if your on the bottom end the rorts of the rich are sacred ground greed fuelled self interest rules.

nothing in this country should matter more than its people if you think that giving our tax money to miners or fossil fuel companies is a good idea you really need to go and see a head doctor