They will not stay too long once they realise how expensive this country is. Lots of Aussies are moving to other countries, alot of these immigrants are not different
No one is STILL voting for Albo, Mr 32% became PM through preferences 2 years ago and next election he will be shown the door, people will be more mindful of who they vote for and who they give their preferences to.
@@Kelly-oe8krwe don’t chose who the preference vote goes to, it’s under the table dealings done to secure a seat. This is why the minor parties and independents etc are a hindrance when they sell their votes for a bag of magic beans
@@downtoearth1950 The cash was small change for them. The rich have assets and real estate that go up in value with inflation. The poor pay rent or have mortgages. The rich have become twice as rich.
Australians cannot afford any more rate rises .. Labor have destroyed the lives of majority Australians .. vote them out everywhere snd forever .. never again. Modern Labor and unions are an absolute disaster and we will be paying for their failures for decades.
Inflation at the supermarket is supposed to be around 4-6% but I'm seeing many of the items I was buying are up 100%. Homebrand frozen chips used to be $1.99 now they are $4, even the basic homebrands are priced at where premium brands used to be
THOSE POOR POLITICIAN'S, WHAT EVERYDAY PEOPLE DON'T REALIZE IS JUST HOW MUCH IT COSTS TO LIVE WHEN YOU DON'T HAVE TO PAY FOR ANYTHING OUT OF YOUR OWN POCKET. SATT.
The federal Australian labor party gumbyment couldn't run a lemonade stand & turn a profit.. how much more of this money waisting self indulgent government does the everyday Australian citizen doing it tuff have to take before the current governor general sacks them from office & calls an early election ... enough is enough Australian families are becoming homeless, Australian families are struggling to survive from one week to the next & if another interest rise hits & their mortgage repayments increase even further than now its going to cause absolute kaos in family's & relationships causing more crime more , domestic arguments & more broken families as the stresses from financial difficulties hit breaking point .... This is the heartbreaking writing on the wall reality that I'm predicting Australia is heading for at rapid pace.. If Australia can not bring the economy under control asap then we are in big trouble... Labor's answer is giving themselves & other already well paid political party members & their political freinds a huge pay rise of in some cases a whopping $200,000 bucks a year pay increase . how can the Labor party justify a pay increase that high .. when the everyday Australian citizen is feeling the pressure of hardship from the rising cost of living ... Sack this government now before it gets any worse
Fuel is like a fixed cost that comes out of your wages every week, just like electricity, , gas , water , motor vehicles registration, and let’s not forget road charges like tolls 😂, they where saying on the news yesterday I think that they make more profit from tolls in Melbourne than any country in the world. And expanding on the transport costs alone , trucks , taxis , tradesman , couriers, when they pay extra to do their jobs , everything in the country goes up, because raw materials for manufacturing, food , clothes , building materials, all cost goes up. And government loves it because they can extort more GST from everyone , allowing them to spend more tax payer money. For allegedly educated people in government running our country, they are truly the dumbest fa Rkers on the planet . Trained monkeys could do a better job running the country than these clowns.
@@barrysmith9411International travel costs money. It is more cost effective to stay here and wait for third world conditions to manifest here. Canada is showing us how it's done.
told you 2 months ago they will left rates because they have been to slow in doing so and the government is still spending like no tomorrow and giving them selves yearly pay rises.
@@Deano00777 Even economists are not good for the job. Just look at the qualifications of all central bankers in the world. Economists are theorists, not real, down to earth people.
Jim is my friend. I have seen you here to many times. I will block you digital id when you are looking for social housing so you will have to be homeless. Behave.
Well it’s all over There isn’t a boom waiting in the next couple decades, only going to get worse Environment is cooked, growing conflicts on the cards and corporations profits need to grow everlasting means we paying more for less until it all comes undone I’m 35 and the next 35 years look to be the most unreal roller coaster ride whilst it all slowly collapses
Mate I’m nearly double your age, and have been watching all this unfold for decades , our down fall started when these cock heads decided to make us a trading nation instead of a manufacturing nation , now china has all our eggs in their basket, and Australia is in the weakest state it’s been in for decades, and it has compounded in recent years , because our ship the Australian good ship Titanic they keep turning towards that gigantic iceberg, life boats ahoy ! Interest rates going up and not down shows these clowns don’t have a clue.
Inflation goes up? We knew THAT would happen! We had cheap electricity. We were living in a country that could have kept cheap electricity. But no! We have to go for these damn renewables that are incredibly dodgy. So stupid!
To calculate the Price Index, take the price of the Market Basket of the year of interest and divide by the price of the Market Basket of the base year, then multiply by 100......who the bloody hell is measuring the basket of consumer goods.....explain in detail what they are...this equation is to vague. Also the tobacco, alcohol, and petrol are high only because of taxes imposed by government....and the food prices are an issue because the government is doing nothing about price gouging at Coles and Safeway, then the flow on to Aldi with prices....hicken has gone up $6 at Aldi in 2 months.
It is unclear why anyone would trust the Labour government. In my experience, they have consistently given themselves substantial pay increases, not once but multiple times over the years.
Prime minister on $600000, my god😮, for what, certainly not getting value for miney there, thats just a big up yours to all the hard working Australians out there
Major inflation historically comes in waves. There was 2 main peaks in the 70's and again in the 90's. They are holding rates for a longer period but they are not high enough to stop it. Massive government spending is the driver and the government won't stop that.
Millions in funding for people overseas, yet I cannot get a bed in a mental health facilities if I need one..... Our government lost the plot many many years ago, and just like sheep we allow it to continue.😤
Given the massive number of government sector employees and politicians, I find it confusing why their luxurious pay rises aren't counted as inflationary. When it's obvious that they are adding to inflation.
Honestly, if my insurance, electricity, gas, food, rent, etc only went up 5% in the last year I'd be very happy - because everything is up 10% at a minimum.
Let's tell the true 55% inflation response for corporation who make Big $ because corrupt politick noting do .Both parity from 2020 cheek with David Littleproud in ABC article Noting just collect envelop from corporation lobbying .Cheek a profit for corporation from 2020 the is answer
CTP GLEEN SLIPS NOW IF YOU HAVE 1 OR Demeric point. It will cost you an extra $600 dollars on your green slip slip a A YEAR UNTO YOU GET BACK YOUR PIONTS
RBA should have acted sooner with rates, she knew she had to put them up early this year but didn't act and I knew the pain was coming. Obviously people can afford these high mortgages they are earning big bucks otherwise house prices wouldn't be so inflated! Bring back Paul Keating I say!
This country is like a plane, run by a left wing pilot who is about to stall the engines, and it's a long way down and a full blown recession is waiting for us !
I just put a house on the rental market after renovations and have factored in rate rises and increased in other costs. Three also needs to be profit in there as well. I'm charging up to $100 per week more than the average. I'm not lowering the rent either. I can wait till someone pays that. They will
So what drives up inflation? Is it Government spending? For all those that work hard for there money, it’s not you. More about productivity and those on exorbitant wages that produce very little. Cannot justify Albo and Governor General wage rises 🤷🏻♂️
proved again that labor does not know what they are doing, and will tell any thing to cover their incompetence, and the people are paying big time.vote them and the greens out.
Labor simply have the wrong approach on inflation, I think the key problem is the cost of energy which one needs to produce most of the goods and services as listed by Paul Murray. Anthony Albaneses opposition to find a sensible long term solution for energy production is what's stopping our economy from bloseming. Consider as an example the Whyalla Blast Furnace which is still down and has had a patchy operation for a long time due to the fact that Australian politicians can not find and work on a togher at any rate. So if the Treasurer comes out with speeches about inflation it is simply a smoke screen over Labors inability to manage the country.
When we turned buying houses as the way to make money and not investing in business productive entrepreneurial incomes. We sold our future. Fancy selling houses to wealthy overseas people to profit on capital gains on Australian citizens. It was criminal. Love to see the housing market crash 70%. After which no one can own more than 1 investment property.
Mate you can do better than this. Interest rates are back to normal rates. Anyone stupid enough to think a 2% interest rate was going to last had rocks in their head. Responsible parents should have told this to their children when they exaggerated their incomes to buy houses they couldn’t afford and pushed prices out of control. Cause and effect. I’m happy to be making interest on my hard earned saving and hope interest rates go to 10%.
Where is the childcare mate.. young families are hurting badly. I received a raise in daily child care rate for my kiddo. Feels like most Australians are only working to either pay the bills or mortgage.
We need a recession at this point... Between the high prices of goods/services and the overly inflated housing market (Both parties have a lot to answer for) young people are doomed. Its time for real reform...
Mate you can do better than this. Interest rates are back to normal rates. Anyone stupid enough to think a 2% interest rate was going to last had rocks in their head. Responsible parents should have told this to their children when they exaggerated their incomes to buy houses they couldn’t afford and pushed prices out of control. Cause and effect. I’m happy to be making interest on my hard earned saving and hope interest rates go to 10%. 5:37
![Quando Rondo - Grow Up [Official Music Video]](http://i.ytimg.com/vi/8zFnCg3BO4Q/mqdefault.jpg)
Labor is a joke
Sly News is 🤮. Wake up.
Sly News is garbage media.
An extremely bad joke at that
Mass migration and net zero via politicians are to blame
More conspiracy theory bullshit. 🤮
They will not stay too long once they realise how expensive this country is. Lots of Aussies are moving to other countries, alot of these immigrants are not different
Gouging duopolies are to blame mate.
Problem they are still getting skilled doctors . They should produce Aussies to work in hospital shortage.
@@jackfieldsjack1061 skilled... 😄 😆 🤣
Anthony “recession” Albanese
Australia needs a proper treasurer. Chalmers is not a treasurer ... just a yes man to Albanese.
I am very surprised that there is no demonstration on street against these skyrocketing inflation and cost of living.
Lol if people didn't care about their health I doubt they will care about anything else. What's more important than your health?
There will be
@@mutzneedsNaah. Too lazy no pride in our country 😞
Albo doing a fantastic job for the wef
Don't forget the UN and CCP.
And yet people will still vote for labor.
All we need now is someone to say ....
"Abanese is the worst prime minister ever!"
Right... right?
@@adiintel1 Albanese is the worst prime minister ever!
No one is STILL voting for Albo, Mr 32% became PM through preferences 2 years ago and next election he will be shown the door, people will be more mindful of who they vote for and who they give their preferences to.
I think a lot of people don’t understand how our voting system works.
@@Kelly-oe8krwe don’t chose who the preference vote goes to, it’s under the table dealings done to secure a seat. This is why the minor parties and independents etc are a hindrance when they sell their votes for a bag of magic beans
Who would've imagined that printing billions and billions of dollars to try and eradicate the sniffles would lead to inflation?
Good times are over! Now we are in hard times. Well, they say that hard times create strong men.
Most cash went to big businesses who quietly grabbed it
@@downtoearth1950
The cash was small change for them.
The rich have assets and real estate that go up in value with inflation. The poor pay rent or have mortgages. The rich have become twice as rich.
Australians cannot afford any more rate rises .. Labor have destroyed the lives of majority Australians .. vote them out everywhere snd forever .. never again.
Modern Labor and unions are an absolute disaster and we will be paying for their failures for decades.
We are being deceived , inflation is far higher, my car insurance jumped 33%
Yeah I've noticed alot of people saying that about car insurance 25-32% people are saying.
Mine nearly doubled
Same here. For me it's jump from $80 to $180 a month
I never had any insurances in my life. Not car, house, health nothing. I own multiple properties 😊
Inflation at the supermarket is supposed to be around 4-6% but I'm seeing many of the items I was buying are up 100%. Homebrand frozen chips used to be $1.99 now they are $4, even the basic homebrands are priced at where premium brands used to be
Things are ridiculously expensive
Nah lets give everyone pay rises... 200k more for the Atn General. What a joke
Nothing this government has done is responsible
THOSE POOR POLITICIAN'S,
WHAT EVERYDAY PEOPLE DON'T REALIZE IS JUST HOW MUCH IT COSTS TO LIVE WHEN YOU DON'T HAVE TO PAY FOR ANYTHING OUT OF YOUR OWN POCKET.
SATT.
Sounds like Canada. Same policies almost
And canada is gone forever , it’s already third world there
Variable interest rates should be outlawed, you buy a car its fixed a house loan should be fixed for its life too.
How does corporate/real estate profiteering = more money for banks? The economy has me baffled.
The federal Australian labor party gumbyment couldn't run a lemonade stand & turn a profit..
how much more of this money waisting self indulgent government does the everyday Australian citizen doing it tuff have to take before the current governor general sacks them from office & calls an early election ...
enough is enough Australian families are becoming homeless, Australian families are struggling to survive from one week to the next & if another interest rise hits & their mortgage repayments increase even further than now its going to cause absolute kaos in family's & relationships causing more crime more , domestic arguments & more broken families as the stresses from financial difficulties hit breaking point ....
This is the heartbreaking writing on the wall reality that I'm predicting Australia is heading for at rapid pace..
If Australia can not bring the economy under control asap then we are in big trouble...
Labor's answer is giving themselves & other already well paid political party members & their political freinds a huge pay rise of in some cases a whopping $200,000 bucks a year pay increase .
how can the Labor party justify a pay increase that high ..
when the everyday Australian citizen is feeling the pressure of hardship from the rising cost of living ...
Sack this government now before it gets any worse
If you don’t tackle the price of fuel, you will never get a handle on inflation. It’s primary cost of nearly everything
Fuel is like a fixed cost that comes out of your wages every week, just like electricity, , gas , water , motor vehicles registration, and let’s not forget road charges like tolls 😂, they where saying on the news yesterday I think that they make more profit from tolls in Melbourne than any country in the world.
And expanding on the transport costs alone , trucks , taxis , tradesman , couriers, when they pay extra to do their jobs , everything in the country goes up, because raw materials for manufacturing, food , clothes , building materials, all cost goes up. And government loves it because they can extort more GST from everyone , allowing them to spend more tax payer money.
For allegedly educated people in government running our country, they are truly the dumbest fa Rkers on the planet .
Trained monkeys could do a better job running the country than these clowns.
Jimbo'nomics ! How Much 'Spin' for this one ?
be careful. there's not much room left for the average person/family.
Go to a third world country and see how people can live. People in Australia can drop down a lot more than now.
@@barrysmith9411International travel costs money. It is more cost effective to stay here and wait for third world conditions to manifest here. Canada is showing us how it's done.
@@barrysmith9411we don't need to travel, Labor is dragging Australia down to their level right here.
told you 2 months ago they will left rates because they have been to slow in doing so and the government is still spending like no tomorrow and giving them selves yearly pay rises.
Jim’s done is all a mischief.
I guess qualifications in an occupation are important.
Yep. He has no finance or economic qualification.
@@Deano00777 Even economists are not good for the job. Just look at the qualifications of all central bankers in the world. Economists are theorists, not real, down to earth people.
Jim is my friend. I have seen you here to many times. I will block you digital id when you are looking for social housing so you will have to be homeless.
Behave.
Who cares about Assange its what the government is doing with our country that matters. Labor just doesn't care as long as they look after themselves.
What qualifications (If any) has grim Jim got to be a Treasurer?😂
Don't forget the Governor General salary is tax-free 😊
2oo k increase
The thought that labour may get back in with the next election frankly frightens me to death
Well it’s all over
There isn’t a boom waiting in the next couple decades, only going to get worse
Environment is cooked, growing conflicts on the cards and corporations profits need to grow everlasting means we paying more for less until it all comes undone
I’m 35 and the next 35 years look to be the most unreal roller coaster ride whilst it all slowly collapses
Mate I’m nearly double your age, and have been watching all this unfold for decades , our down fall started when these cock heads decided to make us a trading nation instead of a manufacturing nation , now china has all our eggs in their basket, and Australia is in the weakest state it’s been in for decades, and it has compounded in recent years , because our ship the Australian good ship Titanic they keep turning towards that gigantic iceberg, life boats ahoy !
Interest rates going up and not down shows these clowns don’t have a clue.
Argentina here we come
Some outward pressure needs to be put on Chairman Chalmers .............
PM either resign or call for an election
The UK and US have rates over 5%, the RBA hasn't hiked enough.
Inflation goes up? We knew THAT would happen! We had cheap electricity. We were living in a country that could have kept cheap electricity. But no! We have to go for these damn renewables that are incredibly dodgy. So stupid!
They tried to warn the sheep that it would not be easy under albanese.
To calculate the Price Index, take the price of the Market Basket of the year of interest and divide by the price of the Market Basket of the base year, then multiply by 100......who the bloody hell is measuring the basket of consumer goods.....explain in detail what they are...this equation is to vague. Also the tobacco, alcohol, and petrol are high only because of taxes imposed by government....and the food prices are an issue because the government is doing nothing about price gouging at Coles and Safeway, then the flow on to Aldi with prices....hicken has gone up $6 at Aldi in 2 months.
Chalmers hubris is palpable 💩🤡
They should act immediately and call a meeting
I popped into the shops today. Large shopping centre. IT WAS PACKED and people were BUYING!! We’re stuffed
It is unclear why anyone would trust the Labour government. In my experience, they have consistently given themselves substantial pay increases, not once but multiple times over the years.
People are stupid in general, half of them vote Labor because their parents did,they are rusted on voters.
Simple. Labor just blames RBA.
The treasurers a goose!
A cooked one.
Prime minister on $600000, my god😮, for what, certainly not getting value for miney there, thats just a big up yours to all the hard working Australians out there
If Labor keep spending we will end up in depression, they are hell bent on driving this country into the dust.
What are they doing. Just govern
Yes they sure did, pay rise for them all, governor general $200, 000 pay rise I wonder what they think when getting a bill
Major inflation historically comes in waves. There was 2 main peaks in the 70's and again in the 90's. They are holding rates for a longer period but they are not high enough to stop it. Massive government spending is the driver and the government won't stop that.
Jim Chalmers is totally discredited.
and who did albo and grim jim throw under a bus?
they all knew, and they all gave themselves a pay rise
Millions in funding for people overseas, yet I cannot get a bed in a mental health facilities if I need one.....
Our government lost the plot many many years ago, and just like sheep we allow it to continue.😤
Yes just keep increasing their pay packets what helping.
Given the massive number of government sector employees and politicians, I find it confusing why their luxurious pay rises aren't counted as inflationary. When it's obvious that they are adding to inflation.
They had a plan, ffs 🙄
Chalmers is a fraud
Inflation is from government over spending. So they prosper while we suffer!
True for any government in any country.
Vote labour out incompetent
Yep this what you get every time Labor is in power😅
Inflation never went down, they only played with the figure's
Honestly, if my insurance, electricity, gas, food, rent, etc only went up 5% in the last year I'd be very happy - because everything is up 10% at a minimum.
Australia is in massive trouble. Buy hard assets
I’m happy all the politicians got a 7% pay rise they are working hard for there 250k minimum 3 days a week with a government credit card for expenses
How’s that going for you jimmy
Let's tell the true 55% inflation response for corporation who make Big $ because corrupt politick noting do .Both parity from 2020 cheek with David Littleproud in ABC article Noting just collect envelop from corporation lobbying .Cheek a profit for corporation from 2020 the is answer
Can't stop inflation through interest rates alone. Need government to stop spending
CTP GLEEN SLIPS
NOW IF YOU HAVE 1 OR Demeric point.
It will cost you an extra $600 dollars on your green slip slip a A YEAR UNTO YOU GET BACK YOUR PIONTS
RBA should have acted sooner with rates, she knew she had to put them up early this year but didn't act and I knew the pain was coming. Obviously people can afford these high mortgages they are earning big bucks otherwise house prices wouldn't be so inflated! Bring back Paul Keating I say!
Dutton/Albo/LNP/Lbor/Greens Doloply Vote One Nation
$13000 Ute tax won't help inflation
Chalmers is a snake oil salesman
A snake soil salesman would no doubt know what he is doing.
This country is like a plane, run by a left wing pilot who is about to stall the engines, and it's a long way down and a full blown recession is waiting for us !
Albo and Jim have stuffed again
I just put a house on the rental market after renovations and have factored in rate rises and increased in other costs. Three also needs to be profit in there as well. I'm charging up to $100 per week more than the average. I'm not lowering the rent either. I can wait till someone pays that. They will
What are all the massive Federal MP's and public sector pay rises doing or going to do for future inflation?
So what drives up inflation? Is it Government spending?
For all those that work hard for there money, it’s not you.
More about productivity and those on exorbitant wages that produce very little.
Cannot justify Albo and Governor General wage rises 🤷🏻♂️
Domestic inflation reflects Domestic monetary policy
Inflation will get worse in the next month or so.
"Inflation is up by 4%" They're obviously lying, looking at the numbers Murray provides here is actually 7%.
A new word to discribe these times: Alborecession
God help us Paul.. the country is a basket case under liar commy Albo..he is absolutely reprensible
proved again that labor does not know what they are doing, and will tell any thing to cover their incompetence, and the people are paying big time.vote them and the greens out.
Chalmers speaketh with fork tongue.
Who would have thought reckless currency printing & lock downs lead to higher inflation ?
Like all Labor governments, even basic bookkeeping is a challenge.
Years back, i warned you of what awaits you ... St.Thomas
Politicians are increasing their own salary - what are surprise 😂
Dumb & Dumber
Nice script recital, however "Mr Pants on Fire " & "Grim Jim" aka FAKE & FUDGE caught out again, oh dear, "The Master Plan" stuffed...
fiat currency is flawed , If you print too much of it since it doesnt have any "real" value it fails .
Labor simply have the wrong approach on inflation, I think the key problem is the cost of energy which one needs to produce most of the goods and services as listed by Paul Murray. Anthony Albaneses opposition to find a sensible long term solution for energy production is what's stopping our economy from bloseming. Consider as an example the Whyalla Blast Furnace which is still down and has had a patchy operation for a long time due to the fact that Australian politicians can not find and work on a togher at any rate. So if the Treasurer comes out with speeches about inflation it is simply a smoke screen over Labors inability to manage the country.
When we turned buying houses as the way to make money and not investing in business productive entrepreneurial incomes. We sold our future. Fancy selling houses to wealthy overseas people to profit on capital gains on Australian citizens. It was criminal. Love to see the housing market crash 70%. After which no one can own more than 1 investment property.
Time you look at what Bitcoin is about and how it will help if you just have 0.1 of a bitcoin for all
"Won't be easy under Albanese"
How much did they send to the mafia boss in the Ukraine?
Mate you can do better than this. Interest rates are back to normal rates. Anyone stupid enough to think a 2% interest rate was going to last had rocks in their head. Responsible parents should have told this to their children when they exaggerated their incomes to buy houses they couldn’t afford and pushed prices out of control. Cause and effect. I’m happy to be making interest on my hard earned saving and hope interest rates go to 10%.
Where is the childcare mate.. young families are hurting badly. I received a raise in daily child care rate for my kiddo. Feels like most Australians are only working to either pay the bills or mortgage.
Freakn Parrots!
We need a recession at this point... Between the high prices of goods/services and the overly inflated housing market (Both parties have a lot to answer for) young people are doomed. Its time for real reform...
Mate you can do better than this. Interest rates are back to normal rates. Anyone stupid enough to think a 2% interest rate was going to last had rocks in their head. Responsible parents should have told this to their children when they exaggerated their incomes to buy houses they couldn’t afford and pushed prices out of control. Cause and effect. I’m happy to be making interest on my hard earned saving and hope interest rates go to 10%. 5:37
Bring on an early election
These criminal have no qualifications to run the nation.