Australia’s economic outlook ‘very grim’ for the government

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  • čas přidán 25. 06. 2024
  • Former NSW Labor treasurer Michael Costa says Australia’s economic outlook is looking “very grim” with the growing risk of another rate hike.
    “As I said at the time of the budget, I think that the budget was flawed in its strategy,” he told Sky News host Caleb Bond.
    “You’ve got to remember, we’re putting in another $40 billion of demand, that’s at the federal level with the tax cuts included at the end of the month.”

Komentáře • 43

  • @gail9906
    @gail9906 Před 13 dny +20

    Never in my long life have I ever seen Australia in such a mess! 🥹❤️🇦🇺🦘

  • @chuckmaddison2924
    @chuckmaddison2924 Před 12 dny +7

    Giving the Governor General a $ 200000 pay rise didn't help.
    Nor did the politicians pay increase.

  • @whiskeygamer9402
    @whiskeygamer9402 Před 13 dny +24

    Australia has always been very Grim ever since Albo became PM.😂

  • @KT-bb1tb
    @KT-bb1tb Před 13 dny +16

    Labor have a Long History, of Economic Failure !

  • @Chad.H.
    @Chad.H. Před 13 dny +20

    VERY GRIM FOR THE NATION OF AUSTRALIA NOT FOR ALBO SLEEZY GOVERNMENT .THEY GOT THIER YEARLY 25 THOUSAND PAY RISE .HEY GOT CORPORATES HAPPY AND TRIPLLING THEIR BILLIONS. THIS GOVERNMENT HAS NOTHNG TO DO WITH AUSTRALIANS!

  • @paulveenings6861
    @paulveenings6861 Před 13 dny +19

    Disastrous for the government, really! What about the battlers that are doing it tough, I’m sure it’s a walk in the park for them.

    • @davepowelldrumz
      @davepowelldrumz Před 13 dny

      the ones whos hands ACTUALLY built this country and keep it running must be asking themselves '' do we really need these overpaid uneducated idiots telling us what to do''.

    • @billy77511
      @billy77511 Před 12 dny +1

      We need Labor out to save our economy from being destroyed

  • @jazzysnaps
    @jazzysnaps Před 13 dny +7

    Oh Magoo you've done it again.

  • @TrickyBoy1517.
    @TrickyBoy1517. Před 13 dny +11

    You can either be a man and care about the economy and hold those in power responsible.
    Or you can be a Labor voter...

  • @_hold_the_line_
    @_hold_the_line_ Před 12 dny +2

    Young people should know that voting for Labor/ Greens is like the turkey voting for Christmas. You will never be able to afford a house with them in government.

  • @anitacohen8753
    @anitacohen8753 Před 13 dny +2

    It had to happen. For years the only people to successfully exist here were two income (well paid) households!

  • @user-zd3xs4ts6f
    @user-zd3xs4ts6f Před 13 dny +7

    Al-pinocchio wouldn't know how to spell inflation let alone know what to do about it, plus hes got a dud for a Treasurer😂😂😂😂

    • @lornatodd4750
      @lornatodd4750 Před 12 dny +2

      Albosleezy has a guard against inflation don't you know. It's called pay increases for public serpents, government and the GG.

    • @user-zd3xs4ts6f
      @user-zd3xs4ts6f Před 12 dny

      ​@@lornatodd4750absolutely 💯 Al-pinocchio 's government has poured billions into renewables as well, what a schemozzle 🤡🤡I guess Toto is getting well looked after then 🐩🤣🤣🤣🤣

  • @prancer4743
    @prancer4743 Před 13 dny +3

    It’s call stagflation now because why 👀😳🫣😩

  • @user-ui7bo5gx6j
    @user-ui7bo5gx6j Před 8 dny +1

    Albozo and albozonomics at it again wrecking Australia everyday for everyday Australians!

  • @popparocko5295
    @popparocko5295 Před 12 dny

    I’m surprised RBA isn’t pushing for lower spending.

  • @ministerofemergencies1809

    Time for them to go.

  • @tbone5654
    @tbone5654 Před 11 dny

    When did Charlie Pickering move to business reporting?

  • @vincewant6325
    @vincewant6325 Před 13 dny +1

    Vote Yes 😁😁😁 and vote $275

  • @russellcullen9913
    @russellcullen9913 Před 11 dny

    Argentina 2 Coming soon.

  • @Bob-nw7do
    @Bob-nw7do Před 13 dny

    Welcome to America.... How wbout some Obiden for dessert.😊 Is Australia Democratic Socialist too...?

  • @dannyberardi5746
    @dannyberardi5746 Před 13 dny +4

    Jim Chalmers legacy will be Australia’s first treasure with a title of the Conned artists 😡🇨🇳who took Australians for granted, 😡 his competency and hatred for the Australian people wake up Australia before it’s too late you’ve been conned again and again and again enough is enough we must we can make this a one term government we are the only cure to save ourselves