Australia’s economy is ‘in decline’: John Anderson
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- čas přidán 24. 06. 2024
- Former deputy prime minister John Anderson says Australia is economically “in decline”.
Opposition leader Peter Dutton's argument of nuclear power being the best replacement for coal has been dismissed by the Australian Energy Market Operator as too expensive and slow.
AEMO also warned more investment is needed in new generation, storage and transmission to keep the lights on in households.
“Let’s be brutally honest here - we’re a nation in decline, economically,” Mr Anderson told Sky News Australia.
“Our living standards are slipping.
“The cost of living crisis we have is related to the energy cost we face and will become worse as energy reliability is threatened.”
We are dying because we have the worlds highest power and transportation costs + exploitation from Foreign companies
Reduce amount and money spent on politicians, their rediculous spending,increasing amountvof office beurocrats=reasonable start
And the obscene pay rise for the new G-G.
@@awc900 and others 👍
John Anderson is sounding the alarm. I wish we had honest, non-ideological politicians again.
If AEMO believes relying on wind/solar is the way to go, it's seriously in need of an overhaul.
Really Australia’s economy is ‘in decline . we know this decades ago . Anything new ?
It is declining faster and that have noticed that.
Yeah the usual accounting tricks have stopped working. It's undeniable now and they have to report on it and act like they'll do something about it
Nah mate, we're FUCKED.
Australia's Economy has Always been in Decline Under Labor ! It's History
Not a labor fan but you got to admit the LNP haven’t really been great for Australia. They been pumping up the immigration numbers to try and fudge the GDP figures for years
Australia is in recession long gone are the days of the lucky country
Labor is in government so what do you expect! The ban on nuclear power in Australia is due to the uneducated Australian Public so how can you have a debate when you know nothing!
Surprise Surprise Australia's economy is in decline under labor. Who would have guessed
John Anderson, what a great man. One of Australia’s few genuine statesmen.
Yeah right ...and Australia's transformation into a third world country is largely a result of its rapid, excessive, deliberate and utterly irresponsible population growth as started by the Howard government's catastrophic decision to treble immigration some two decades ago
absolutely & even worse was the sellout by the uni-party to the UN agendas over the years & the commitment to the WEF & their agendas since c*v*d. did you know that our traitors in govt have also handed over our medical protocols to the UN? our "health" will be dictated to us by them.
Yes
Whats the life expectancy of a person born in Australia? About 78years.
So whats the life expectancy of a person imported to Australia through unrestricted immigration? About 47 years.
Gees there's a big bloody clue
Unsustainable population growth is at the core of most of the world's woes .............. this will become an undeniable truth when Australia enters its next drought.
@@jonh9561 yeah and we aren’t the ones responsible for it.
Wally what do mean, property is booming.. That's all that matters isn't it??
Nailed it.
Australia is going down the shitter good luck saving your jobs before the year is out
The economy is in decline and the average Aussie doesn’t see it. I have just returned from 20 years working and living in Indonesia and that economy has grown by 43% since Jokowi became president 10 years ago and a factor of three times since 2002. Certainly it has started from a lower base, but both the World Bank and the IMF project it to be the fourth biggest economy in the world by 2050. Meanwhile in Australia, we are completely reliant on immigration for any economic growth at all (Treasury figures), hence the high immigration rates and without it we would have been in an ongoing recession years ago. we have a first world standard of living based on a third world economy. In exports, 86% of our exports are primary (mining and farming) products, 10% services and 4% sophisticated manufactures, which are third world nation figures. I recently watched another of John’s conversation with a couple of marine experts and it would seem, that Australia as the fifth biggest user of maritime services in the world, no longer has one ship under the Australian flag. As for petroleum products, we are down to two oil refineries in the country and the fuel you next buy for your car. probably came from Singapore. Anybody see a security problem here??
Why are the government and the opposition law makers not seem to be doing the right things to put the economy of Australia back on track that are worthy and expected of a first world country?
There is no need to reinvent the wheel to change the current trajectory (ie going downhill or decline) - just have to review and study what the other successful countries have done vis-a-vis energy, taxes and food security. These are among the top priority items to be tackled urgently. Australia has vast reserves of gas and coal, but her citizens are paying too much for energy. Look at the other countries with gas and oil reserves and what their citizens are paying. Why is Australia punishing her citizens??
There should be utmost priority debates and action plans by the leaders in Canberra and the states concerning these issues which have negatively impacted the citizens.
Everything connected to Britain is going downhill. Look at Canada.
Yep Birmingham is broke they have no money
Australia is an independent nation and it has nothing to do with Britain!
What? You mean every developed country who’s politicians have resorted to mass third world immigration to fudge economic growth figures is in decline
@@chrismitchell4622😂😂😂😂😂😂😂😂🤦
if dutton brought a refrendum to get rid of the moratorium on it i'd vote yes, and i'm sure a lot of others would too.
Japan and Korea can produce nuclear plants in about five years for considerably less than 10 billion dollars US each.
To go all renewables will require trillions and decades to build the plants and infrastructure.
Nuclear plants will last at least 80 years, solar panels and windmills will last 15 to 20 years and the batteries about 7 years.
Since the solar and wind produces power only about 25% of the time, you will need to build three times as many panels and windmills and batteries that can store the power for 18 hours of release, and pray you don't have a day or two of no wind or cloudy days.
The renewables will have to be replaced over and over and over, and all that money will go to China.
It's possible to use hydro in place of batteries if you can find areas that have water and area's that are high to pump the water to. Flat deserts away from people???
Sell all public housing houses and use the money to build apartments 200 metres in the air like every other country
And yet the people like myself are getting a benefit payrise from July 1st? Makes perfect sense. 👍
Yeah a whole $26 per fortnight... Don't spend it all at once... Then again not alot can be bought with that pittance anymore can it bludger
@@OG_Sigma87 Where are the real jobs Automotive closed! clothing closed, wool manufacturing closed! Good on the bludger
@@chrismitchell4622 Get a trade!!
@@chrismitchell4622 all the real jobs have left Australia because it's now too expensive to make anything here.... All made on China, Taiwan and countries that still use slave labour
To be honest John should concentrate on farming .
Everyone knows this
Screwup now skips over his horrendous actions Politicians have complete impunity
Just ban gas exports ..
We are in decline because John Howard set the wheels in motion for the financialization of housing and all out fascism.
Australia’s spend too much time focused on American politics lol
Immigration benefits only the immigrants themselves and those here, who are already wealthy. They get cheaper labour and more customers.
Yep and everyone else just get a lower standard of living
Don't forget the money politicians have wasted and are wasting.
Whats the life expectancy of a person born in Australia? About 78years.
So whats the life expectancy of a person imported to Australia through unrestricted immigration? About 47 years.
Gees there's a big bloody clue
Well said.
Only immigrants can improve Lithgow and penrith and whalan and mt druitt and airds
produce more great aussie exports
raises gdp
It is enevitable
Albo politics it is all about me me me. Look at me I know best about everything stuff what others think
Albanomics.
What more could be said ?
This reporting is ridiculous he learned to interview off his useless brother
You sound triggered buttercup... Better jump back on to ABC that will make you feel safer 😊
Australia is in decline for the last 15-20 yrs.