‘Serious consequences’: Paul Murray on Australia’s inflation jump
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- Опубликовано: 28 сен 2024
- Sky News host Paul Murray says inflation going up has “serious consequences” for Australia.
Monthly inflation has risen to four per cent from 3.6 per cent.
“We’ve been told by the Prime Minister and the Treasurer when they were putting together and selling their federal budget that the decisions they were announcing at the start of May were going to have little to no, in fact, the opposite effect on inflation,” Mr Murray said.
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... 😄 😆 🤣
Labor is a joke
Sly News is 🤮. Wake up.
Sly News is garbage media.
An extremely bad joke at that
Australia needs a proper treasurer. Chalmers is not a treasurer ... just a yes man to Albanese.
Anthony “recession” Albanese
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
Don't forget the Governor General salary is tax-free 😊
2oo k increase
Variable interest rates should be outlawed, you buy a car its fixed a house loan should be fixed for its life too.
Jimbo'nomics ! How Much 'Spin' for this one ?
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.
The thought that labour may get back in with the next election frankly frightens me to death
What qualifications (If any) has grim Jim got to be a Treasurer?😂
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!
They should act immediately and call a meeting
The treasurers a goose!
A cooked one.
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.😤
The UK and US have rates over 5%, the RBA hasn't hiked enough.
They tried to warn the sheep that it would not be easy under albanese.
They had a plan, ffs 🙄
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.
People are stupid in general, half of them vote Labor because their parents did,they are rusted on voters.
Inflation is from government over spending. So they prosper while we suffer!
True for any government in any country.
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.
PM either resign or call for an election
If Labor keep spending we will end up in depression, they are hell bent on driving this country into the dust.
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.
and who did albo and grim jim throw under a bus?
Argentina here we come
I popped into the shops today. Large shopping centre. IT WAS PACKED and people were BUYING!! We’re stuffed
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.
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.
Yep this what you get every time Labor is in power😅
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
What are they doing. Just govern
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
Chalmers is a snake oil salesman
A snake soil salesman would no doubt know what he is doing.
Albo and Jim have stuffed again
$13000 Ute tax won't help inflation
Years back, i warned you of what awaits you ... St.Thomas
These criminal have no qualifications to run the nation.
Chalmers is a fraud
How’s that going for you jimmy
Politicians are increasing their own salary - what are surprise 😂
Freakn Parrots!
Can't stop inflation through interest rates alone. Need government to stop spending
Dutton/Albo/LNP/Lbor/Greens Doloply Vote One Nation
Inflation never went down, they only played with the figure's
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
Who would have thought reckless currency printing & lock downs lead to higher inflation ?
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!
"Inflation is up by 4%" They're obviously lying, looking at the numbers Murray provides here is actually 7%.
"Won't be easy under Albanese"
Yes they sure did, pay rise for them all, governor general $200, 000 pay rise I wonder what they think when getting a bill
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.
Dumb & Dumber
Time you look at what Bitcoin is about and how it will help if you just have 0.1 of a bitcoin for all
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.
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.
Just one more reason to vote One Nation
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
Chalmers speaketh with fork tongue.
Anyone that is at all surprised by this, is completely out of touch with reality, and needs to seek psychiatric help immediately.
Where we are now is a direct consequence of conservative idiocy. Austerity cannot build prosperity. And wealth DOES NOT trickle down ! We have had more than 70 years of situationalist governments. No plan or systematic approach to development. Risk management is an unknown concept ? To the Liberal Party, life is a zero-sum game.
He doesnt know what inflation is apparently, no treasurer is he?
Here in Victoria unions have not helped. Teachers, ambulance, police nurses and construction workers all got pay rises of 15 to 30 % a little restraint at this time might have helped us all.
I don't know why all the fuss. In the 70's it hit 20% then settled to 10%..
The higher the better, at least real estate prices will collapse and our standard of living can be lifted then.
BOOMERNOMICS
Moron..! If it wasn't for the boomers you wouldn't be here.
A punnet of blueberries 🫐 is $11.00
Goodbye beloved 🫐🫐🫐
Kiwifruit Gold in New Zealand $3.49
Kiwifruit Gold in Australia $10.50
Who's taking the piss out of who.
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
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.
Albo doing a fantastic job for the wef
Don't forget the UN and CCP.
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.
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
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 😞
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.
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
How does corporate/real estate profiteering = more money for banks? The economy has me baffled.
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.
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.
Nice script recital, however "Mr Pants on Fire " & "Grim Jim" aka FAKE & FUDGE caught out again, oh dear, "The Master Plan" stuffed...
Chalmers hubris is palpable 💩🤡
A new word to discribe these times: Alborecession
Jim Chalmers is totally discredited.
How much did they send to the mafia boss in the Ukraine?
Things are ridiculously expensive
Simple. Labor just blames RBA.
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 !
sad straya maybe vapes did it
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
God help us Paul.. the country is a basket case under liar commy Albo..he is absolutely reprensible
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...
Yes just keep increasing their pay packets what helping.
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.
Australia is in massive trouble. Buy hard assets
they all knew, and they all gave themselves a pay rise
Vote labour out incompetent
Inflation will get worse in the next month or so.