The LNP also had immigration, and, this housing bubble didn't just appear after the ALP was elected. Labor and Liberals are two sides of the same useless coin. Stop acting like the LNP has done a great job and will do a good job in the future
@alexanderwright9064 Plibersek took all of the support for mens diseases out of the health system years ago, last time Labor was in power. She is a communist and a misandrist.
whats he"s doctor TITLE ? HATE TO GET HIM TO DIAGNOSE me im over all these doctor titles. dosnt mean they are more intelegent"eventhough he may think so!
Chalmers needs to understand that to get inflation under control the RBA only has one lever and that is interest rates. Raising interest rates is about putting the economic brakes on and slowing growth so that demand is quenched and prices stop rising. Raising rates works because it deters new borrowing which means less new money in the economy, it reduces mortgage holders dispensable income reducing demand and those with money are encouraged to save which also reduces demand. Chalmers has been pumping money into the economy increasing demand and prolonging the pain. If treasury had a clue they would have worked with the RBA and inflation would have been within the target band and the cash rate would be on the way down by now like in other comparable countries. But all Labor want to do is buy votes and blame others to keep votes for the next election.
Government spending is always less productive than household and industry spending that's why higher government spending causes longer inflation periods.
For personal safety reasons. Jim Chalmers should never try to tell the RBA or Michelle Bullock how to do their job. It so easy to identify the adult in the room. Jim always looks the work experience student, who you left in charge for 20 minutes.
Australia's economy's biggest problem is the lack of diversity. Mining and farming are our biggest exports. We have nothing else. The mining commodities is weakening. So what other exports does the economy has to fill the gap? It's not oil and gas, were giving that away to foreign companies. We can't rely on tourism as inflation has made it too expensive for citizens let alone foreigners.
Australia is in big trouble if we don’t understand that we need to make more money than we spend. Economic policy has moved too far left. We have become a country with lots of takers and not enough givers.
This government are delusional in thinking they are doing a good job, but in reality they are insipt on all aspects in every portfolio they have touched, & the worst-case is security & keeping us safe of all Australians . The cost of living is always what the Labor do. History repeating itself .
I read, and find it incredulous, that Chalmers in fact doesn't even have an Economics Degree. How on earth did he get this vitally important role as our Treasurer?
Little johny is the master of lies and manipulation. He ruined the political atmosphere and taught all politicians from labors and librals that lying is the game.
Wake up he is one of the biggest treasonist primeminister Australia has ever had.As bad as Whitlam,Keating and the gaggle of totally incompetent primeministers we've had since him.Wake up the major parties are as bad as each other and on the same of our distucktion
Richo trying to wheeze across a message that the government has done well in other areas…really Richo. In what other ways have they done well? Lowering the cost of living, secure borders, improved housing availability, giving money away hand over fist…😂😂😂😂
Spot on well said , Richo is full of it , nearly made me spew me guts up when he said that , the man’s in fairy land , my god Labour is full of wankers fair dinkom.
the economics of this world are insane. shutting down a whole economy for months and expecting Good Times ahead is sick beyond belief. the top 1% made Trillions and the others went south by lots more
Chalmers always comes out on the media stating the bleeding obvious but does absolutely nothing to fix the problems,,,,he is just a mouth piece for ALBONOMICS !!
Thete is never a teturn on Government spending. It is always just money blown totally to keep holding on to power. Labor can never bring a total team of union stooges into Government with zero economic ability.
What boils my blood is Alborigine, Wong and comrades tossing AUSTRALIA'S monies by the BILLIONS on feeding the rabid greed of just 3% of our electorate, more BILLIONS on nuclear submarines we don't even need (while lessening funding for our Defence forces!), on supporting terrorist 'needs' that have NOTHING to do with Australia, and to top it off, daring to give terrorist supporters an open-armed welcome into our democracy! As well as, of course, and above all, by betraying it, and us, by having the gall to blatantly appoint one to our Democratic Parliament! What's it going to take for Australians to realise the EXTREMELY dangerous position Australia is, right now, in?
Can anyone please explain why they had a 15% pay rise a while back?? Surely their pay rise applications should really be in the form of a referendum, and I'd say on recent performance that decision for a pay rise would end up in a vote similar to the Voice.
Without the mining sector we'd have no economy???? If government took ownership of all the money. When if labour and management costs were 20% higher than the commercial sector THE AUSTRALIAN PEOPLE reap the rewards. And not Australian individuals. Wake up media. The mining sector just gives high wages to individuals that pay tax. Look at gas royalties....
steven miles is just doing what anyone who knows they are losing their job does. have a good time on the company dime. honestly, can you blame him? i've done it. so have you.
so jimbo literally discharges himself of all responsibility and just started pointing fingers. such an incompetant treasurer. RBA is reactive bank. they react as austrlaia economy changes, they dont make the hikes for no reason cause lets face it, RBA will not shoot themselves in the foot
Instead of whingeing about jimmy boy some how blaming the RBA and get out of the mining companies out of you back pocket and start getting back our royalties and taxing them like every other country does, and keep our % of gas then they can sell the rest wake up everyone else has
WHEN our treasurer lookes in the MIRROR OF australia" governence and promises made by labor,it must be a awfull Reflection he see"s ,And in true labor form Blames every one else ! To the average Australian Voter labors governance, is like Looking when walking through LUNA park hall of Mirrors !!! wake up labor admit you are getting it all wrong
All this indigenous rubbish is why nothing major can be done. No dam can built to serve a rapidly expanding population because even if indigenous elders say it's okay then one person and one person only just says it's a crime against my people and the whole submission is thrown in the bin. The nationals won't make a bit difference as that was just spin from Proudfoot and Price. We have a minster for indigenous affairs who has to be indigenous, but why?. When you go to the dentist you don't care what ethnic background they're from as long as they know about teeth. We need people who a competent not of a politically correct ethnic background.
I've always admired Graham Richardson and it's good to see how well he is given what's happened to him. such a good operator, didn't waste anytime in not defending Plibersek or Miles. Says a lot about the character of old school politicians.
This guy talks like a little kid calling RBA governor this and that because she won't give him more low interest lollies. Property prices are still rising. What is she going to do. Government is providing all the lollies like subsidy and Much much more migrants. So to address problem with high property prices the government ingenious idea was to provide incentives to make the price rise even more. RBA is taking the tough approach of bringing the property prices to affordable level by increasing interest rates.
If Jimbo wants to know who is to blame for Australia’s financial crisis - all he needs to do is look in a mirror
and albo too with hire ing this FEATHERWEIGHT "A doctor? hate to get a truthfull Diagnosis from this guy!
I recon if I was in Parliament I would make myself scarce when Jimbo was around, Just in case He saw you and Blamed You for Something.
Not long to go now smiles
"Doing well?" Albo and Chalmers MUST GO!!!
as paul keating once said"im going to "DO YOU SLOWLY" thats what LABOR is Now doing to the taxpayers&busnises of Australia
@@pkd6369 Jimmy only get the chance to do that if the ALP isn't voted out at the next election... which I pray they are.
Out of Control Immigration, Money Printing and Spending .......Yeh, that will do it Jim !
Yep ! Pays his bills.
Scomo printed a bit of money.😊
The LNP also had immigration, and, this housing bubble didn't just appear after the ALP was elected. Labor and Liberals are two sides of the same useless coin. Stop acting like the LNP has done a great job and will do a good job in the future
@@Kokoda144 I think u right. But libs do a less of a bad job.
@@russellcullen9913 Many countries did the same. They were in collaboration!
Keep banning things that create wealth for Australia like live exports and mining projects.
Yeap they are doing everything to bring this country down
We have to wake up that Labor's AGENDA is to DESTROY Australia and its freedoms. They're Communists!
We cop this all the time with Labor governments. Waste, waste, tax, tax!
People voted NO to the Voice Plibersek, get with the program.
Plibersek is a misandrist
@ajax5148 I thought Penny wonk was
I think Birsek just likes lies!
@alexanderwright9064 Plibersek took all of the support for mens diseases out of the health system years ago, last time Labor was in power. She is a communist and a misandrist.
@@alexanderwright9064 Penny Wong works for China.
Vast majority of Australians are living on credit. Labor has turned Australia into a credit country.
With the banks reaping in massive charges = huge profits
It is disgraceful that the number of Labor politicians that have no respect of the intelligence of Australian individuals.
LABOR must go ..... may Charmers too ....
whats he"s doctor TITLE ? HATE TO GET HIM TO DIAGNOSE me im over all these doctor titles. dosnt mean they are more intelegent"eventhough he may think so!
it's getting pretty bad when even Richo can't and won't defend Labor...
think they might be cooked!!👍
Can we turn the parliament into a court room for a day!to force these bastards to tell the TRUTH 🤬
They'd lie, under oath, to protect their arses!
never happen!
In order to spend more, the government will tax Australian people more.
Chalmers is a dreadfull Treasurer!
No experience, no formal qualifications, no ability other than a big mouth.
Never had an actual real job
And,,, A endless List of those to Blame.
typical of a bogan
He has modeled himself off Paul Keating. Look how that worked out for us.
Yup, and I remember paying 18% interest on our mortgage!!
He can't make his mind who he has modelled himself of. Whitlam Hawke Keating Rudd? He's a liar and stupid
@@SueNicholls-95
Yes, I remember that also.
About 1986/1987 I think.
They won't be happy into everything stuffed.
Then they will say to Australians;
You need us because they are the only ones’ ‘who can fix it’.
Labor is the ‘bait and switch party’.
The World laughs at Australia and how its governed. Sad.
90min government vehicle transfer ~$1200 vs 11min government aircraft transfer ~$15,000???🤔🤔
Labor are toxic
Chalmers needs to understand that to get inflation under control the RBA only has one lever and that is interest rates.
Raising interest rates is about putting the economic brakes on and slowing growth so that demand is quenched and prices stop rising.
Raising rates works because it deters new borrowing which means less new money in the economy, it reduces mortgage holders dispensable income reducing demand and those with money are encouraged to save which also reduces demand.
Chalmers has been pumping money into the economy increasing demand and prolonging the pain.
If treasury had a clue they would have worked with the RBA and inflation would have been within the target band and the cash rate would be on the way down by now like in other comparable countries.
But all Labor want to do is buy votes and blame others to keep votes for the next election.
Well put😊
Well said! 👍
Yes I agree with everything except interest rates of 4% is actually good. Interest rates below 3% is absolutely horrible and shouldn't happen.
Government spending is always less productive than household and industry spending that's why higher government spending causes longer inflation periods.
For personal safety reasons. Jim Chalmers should never try to tell the RBA or Michelle Bullock how to do their job. It so easy to identify the adult in the room. Jim always looks the work experience student, who you left in charge for 20 minutes.
Did AnAl speak to him in a vewwy, vewwy agwessive manner?
Australia's economy's biggest problem is the lack of diversity. Mining and farming are our biggest exports. We have nothing else. The mining commodities is weakening. So what other exports does the economy has to fill the gap? It's not oil and gas, were giving that away to foreign companies. We can't rely on tourism as inflation has made it too expensive for citizens let alone foreigners.
Albo and Chalmers couldn't organise a chook raffle.
Miles needed to rake up extra frequent miles before his big permanent vacation after the QLD election.
Australia is in big trouble if we don’t understand that we need to make more money than we spend. Economic policy has moved too far left. We have become a country with lots of takers and not enough givers.
That is Labor's plan.
Which front has labor done well. 🤔
Countries who look after their people through economic development are the only ones thriving. Directly paying people or groups is the road to ruin.
Wait until financial markets understand that our RBA in not truly independent
The current iteration Labor is the biggest polly waffle thrown at all Australians’.
This government are delusional in thinking they are doing a good job, but in reality they are insipt on all aspects in every portfolio they have touched, & the worst-case is security & keeping us safe of all Australians . The cost of living is always what the Labor do. History repeating itself .
Really refreshing that the guy in charge of the economic policy has no idea how the economy works
I read, and find it incredulous, that Chalmers in fact doesn't even have an Economics Degree. How on earth did he get this vitally important role as our Treasurer?
I’m all for John Howard to run this country again
Little johny is the master of lies and manipulation. He ruined the political atmosphere and taught all politicians from labors and librals that lying is the game.
Find the man a safe seat.
Wake up he is one of the biggest treasonist primeminister Australia has ever had.As bad as Whitlam,Keating and the gaggle of totally incompetent primeministers we've had since him.Wake up the major parties are as bad as each other and on the same of our distucktion
they’ll just keep pumping government housing into his electorate until he loses majority lol
Librals are no better than labours, they both traitors, money hungry theifs!
Richo trying to wheeze across a message that the government has done well in other areas…really Richo. In what other ways have they done well? Lowering the cost of living, secure borders, improved housing availability, giving money away hand over fist…😂😂😂😂
Spot on well said , Richo is full of it , nearly made me spew me guts up when he said that , the man’s in fairy land , my god Labour is full of wankers fair dinkom.
Great and honest interview. 👍👍👍
Silly people do silly things…
the economics of this world are insane. shutting down a whole economy for months and expecting Good Times ahead is sick beyond belief. the top 1% made Trillions and the others went south by lots more
Wheels are falling off Labor, Electricity Bill is leaving the sinking ship .
Chalmers always comes out on the media stating the bleeding obvious but does absolutely nothing to fix the problems,,,,he is just a mouth piece for ALBONOMICS !!
Looks like the voice was passed after all…. Oh wait NO IT WASNT.!
The SAGA CONTINUES .!!
Jim Chalmers is disloyal, blames everyone else, and is the most pessimistic in the government now.
sort out the cost of housing and the cost of potatoes won't matter so much
Take some money off the multi national corporations for a change……they are making Billions off our backs….stop hitting the easy target…..us 😂
Nice explanation
Politicians and the problem they are too greedy they live on the gravy train
it is the RBAs fault in a way they didn't have to smash rates down during covid at all
I love this host. Well done James
Post Office Needs Too Be Number 1 Again Too Make More Millionaires!!!
All part of the wef plan
100% correct.
So many fronts where the government is doing well , what , say that again . What a load of BS.
Thete is never a teturn on Government spending. It is always just money blown totally to keep holding on to power. Labor can never bring a total team of union stooges into Government with zero economic ability.
What boils my blood is Alborigine, Wong and comrades tossing AUSTRALIA'S monies by the BILLIONS on feeding the rabid greed of just 3% of our electorate, more BILLIONS on nuclear submarines we don't even need (while lessening funding for our Defence forces!), on supporting terrorist 'needs' that have NOTHING to do with Australia, and to top it off, daring to give terrorist supporters an open-armed welcome into our democracy! As well as, of course, and above all, by betraying it, and us, by having the gall to blatantly appoint one to our Democratic Parliament! What's it going to take for Australians to realise the EXTREMELY dangerous position Australia is, right now, in?
Jim "the charlatan"Chalmers😂😂😂😂😂😂 does he know what he's talking about?😂😂😂
The criteria of a great Labour Politician is how to say "IT ISN'T MY FAULT, THE OTHER GUY IS TO BLAME, I DID EVERYTHING RIGHT"
Do we not have another John Howard in this country.
I wish we did!!
Stop the Lies.
Richardson is the last person I would listen to. He was useless in government and is more so now.
It’s pretty hard to pick a good Labor minister. Richo is living in a fantasy!
Miles and co. should have caught the 50 cent train.
How about we run the energy sector by capturing the hot air expelled by politicians
But housing is at record highs at least.
Can anyone please explain why they had a 15% pay rise a while back?? Surely their pay rise applications should really be in the form of a referendum, and I'd say on recent performance that decision for a pay rise would end up in a vote similar to the Voice.
Richo bullshito
John Howard didn't run the economic, Costello was the man who did a good job.
Labor have completely exposed as frauds😂
Without the mining sector we'd have no economy???? If government took ownership of all the money. When if labour and management costs were 20% higher than the commercial sector THE AUSTRALIAN PEOPLE reap the rewards. And not Australian individuals. Wake up media. The mining sector just gives high wages to individuals that pay tax. Look at gas royalties....
Albo's great plan ...blame everuone else but themselves ...."not our fault"
...
Fraudulent behaviour
Yes yes yes but are these big mining companies actually paying tax!!!!😂
steven miles is just doing what anyone who knows they are losing their job does. have a good time on the company dime. honestly, can you blame him? i've done it. so have you.
RBA is to blame
Couldn’t run a chook raffle
One of Albos cronies! 😂😂😂
Hope Graham Richardson is wrong about next election
so jimbo literally discharges himself of all responsibility and just started pointing fingers. such an incompetant treasurer. RBA is reactive bank. they react as austrlaia economy changes, they dont make the hikes for no reason cause lets face it, RBA will not shoot themselves in the foot
plibersek needs the green vote like burke needs the muslim vote...you can see 'giggles' nose get longer as he waffles
Richo your dillusional mate.😂
Trouble is , Labor and liberal in general. Pauline must get enough votes to stop all these wef puppets
Instead of whingeing about jimmy boy some how blaming the RBA and get out of the mining companies out of you back pocket and start getting back our royalties and taxing them like every other country does, and keep our % of gas then they can sell the rest wake up everyone else has
Mumbling Miles again.
Im Calling it early, Labor will be a 1 Term Government 🦃〽️
Let's hope so...Chalkboard Chalmers and Beancounter Bowen are totally out of their league!
Tanya needs to stop making decisions and listern to the elders who understand there culture
Your joking right? Which Elders! Your Elders ? Her Elders? Who's Elders? The light is starting shine on equality in Australia, Who's Elders?
If Chalmers was the banker in a Monopoly game he would send the bank broke
WHEN our treasurer lookes in the MIRROR OF australia" governence and promises made by labor,it must be a awfull Reflection he see"s ,And in true labor form Blames every one else !
To the average Australian Voter labors governance, is like Looking when walking through LUNA park hall of Mirrors !!! wake up labor admit you are getting it all wrong
With respect its time to retire Richo 😳
Hey Richo what the Foot have Labor acheived?
Ritcho as usual no credibility, just like Albosleazy
Charmers is Keating all over again the recession we had to have his famous catch cry. Aussies never learn when the vote in a Labor government.
All this indigenous rubbish is why nothing major can be done. No dam can built to serve a rapidly expanding population because even if indigenous elders say it's okay then one person and one person only just says it's a crime against my people and the whole submission is thrown in the bin. The nationals won't make a bit difference as that was just spin from Proudfoot and Price.
We have a minster for indigenous affairs who has to be indigenous, but why?. When you go to the dentist you don't care what ethnic background they're from as long as they know about teeth. We need people who a competent not of a politically correct ethnic background.
Previous government's fault 😅
I've always admired Graham Richardson and it's good to see how well he is given what's happened to him. such a good operator, didn't waste anytime in not defending Plibersek or Miles. Says a lot about the character of old school politicians.
This guy talks like a little kid calling RBA governor this and that because she won't give him more low interest lollies. Property prices are still rising. What is she going to do. Government is providing all the lollies like subsidy and Much much more migrants. So to address problem with high property prices the government ingenious idea was to provide incentives to make the price rise even more. RBA is taking the tough approach of bringing the property prices to affordable level by increasing interest rates.
I don't believe you . T
Richo another Delusional to add to the list ,😢😢😢
Richo proving that Labor collectivism > common sense reigns supreme.
labor did make homeowners millionaires
Thee Government is making millions…that’s the only reason house prices are so high…
This is all about control ( we live in a world of robots) do as we want not as you please) grow a brain labour.
John Howard is why were in this mess... all his social reforms added fuel to this situation ‼️
Labor is woke and completely out of touch! They’re literally bringing the country to its knees lol. Bring Peter Dutton in
🛂🌏👤☯️📊🌌
DISCUSTING ALBOSLEEZY AGAIN!!