'Historic' conflict between Albanese government and RBA
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- Опубликовано: 10 сен 2024
- Sky News host Sharri Markson says the “conflict” between the Reserve Bank of Australia and the Albanese government is “historic”.
“We are seeing what is quite a historic conflict, between the RBA and the Albanese government,” Ms Markson said.
“The RBA seeks to take money out of the economy through rate rises, while the government insists on injecting money back into the economy through big spending.”
Albo leave the RBA alone, they are independent of the government of the day
You have stuffed everything else up now you look like stuffing the RBA
The RBA are also to blame they deceived Australian public with rates. Stimulus from liberals also contributed to high rates. Rents are also included in inflation which high rates courtesy of the RBA contributes to it. RBA are useless, they are public servants and are not independent bthey work for the good of the country yet 100% of the nation are affected by rent or mortgages they are not truthful in the way to they operate , they don't think a new thought or implement a new idea.
Why can’t this PM be sacked
I thought you have elections and democracy is the best
Labor put a policy on their own party members that makes it near impossible to replace the Prime Minister without him resigning himself. As for the Governor sacking the Prime Minister, can't really be done until the Labor Party have no power to run the country. Maybe some smart person could organise a Russian submarine to pick up Albanese off of Sorrento.
Can be but no one has the guts there all weak as piss
Can call for a dissolution of government anytime you want but all the sheep don't get it
Because those own him want him there so we can all “own nothing” and they can own everything.
Rising Pay = Rising Inflation......Keep it Going Albo !
Labor has not a bloody understanding of anything about our economy or our country, Australia.
Yet they keep getting voted in...
No, they understand - they just think winning elections is more important than good policies.
@@mrnimbus730 Labor only encourages people to be on government handouts so they can control us.
@@mrnimbus730says a lot about the left
Neither does liberals. Wtf do we do. Independents?
Albo, not getting want he wants from the RBA,
Who pays the $620,000? Bill has been a politician for a long time, how much have the Australian people paid him over the years and he can't think and write his speeches for himself?
It's crazy, that's a freehold townhouse 😮😮
Alboo been a doll blugher all his live and will continue for the red of his life
It is so good to hear the RBA calling out the government for its continuing damage to the economy.
Albo looks like he's 85 years old now . Time for another holiday ??😂😂😂
A permanent one...
Yes you are right exactly. 👍@awc900
Selling out your soul and integrity all have a drastic effect on your body. Look at Ardern and how her relatively short tenure left her looking like she doubled in age
Good I have no sympathy for country wreckers.
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Like Trump said, drill, baby drill. We have so much resources here , we should be the envy of the world
We are, but we give most of it away.
dumbest idea i ever heard under current policies, you will be just buying back on the open market from China
All for "renewables" what a joke hey @@landcruiser11rum
wouldn't increasing GST increase inflation of goods? and increasing super repayments i am not sold on. Maybe the RBA and Gov shouldn't have let a massive housing bubble to develop... higher GST will hurt low income earners. We need a massice recession and a financial reset. Banks should be forced to haircut owner ocuppier home loans and let investors go sell up. There are no easy options now due to government, banks and RBA ineptitude/ coruption. What path we go down will require pain. Politicians need to come out and be honest with the public
That's all Albo does, creates conflict.
Exactly divide and conquer
And taxes
@user-km9vs4qv6q And now the digital ID crap. Albo is following someone on this one. Looks like up to 20 countries doing same.
no to variable GST - it will never go back down.
If the RBA is in charge, it will move up and down as required. If the government of the day is in charge, then you're correct.
21 Feb 2021, Morrison introduced Digital ID into MyGov, Labor unanimously passes it into Law in the Senate, coercing Australians, the Uniparty working together Labor/LNP the Party's' work together at coercion & controlling Australians via Digital ID, Company directors, businesses 'are required' to get a Digital ID the TRAP is being set People, please support Alex Antic Malcolm Roberts 'REPEAL of the Digital ID Bill' demand representation of your fed MP even if they voted for it fight back
what do you think your tax file number is?? drivers lic?? you had that most of your life and has it affected you that bad?
@@sometingwongwai9679 because they were NOT Digitalised in the ONE place for hackers & read the Bill you get NO compensation from the Fed gov't or Corporations who manage your Digital ID if your info is hacked, always protecting politicians, it is future mandated
@@sometingwongwai9679 because there NOT Digitised in the ONE place for hackers
This government is not cut out to lead this country, full stop 😡😡😡.
And the tax payers aren't going to be able to cover their ridiculous spendings 😢😢😢
Wtf.. 620k for speech writing!?
Yep. Bullshit is a booming industry.
620K?? Rudd spent 22M on consultancy for himself
Yes his such a dummy he had to have one to make him sound good but I don’t think he employed the correct one he put his foot in it in the WOKE ABC show Q&A he was so dumb he most likely did not fact check it…it would be cheaper to download an AI on his phone to help him with his speech writing….
Incompetence manifests
Go and get NAFFED if you think a variable GST rate would be fair! F F S Is there anyone in this country that can actually see what is going wrong?
(I'm talking about politicians etc! NOT the people at the BUTT end of all this)
There is no😅😅😅😅😅😅😅😅😊😊😊😊😊 doubt about that
Haha shortens face when confronted was gold..
Vote One Nation from now on.
and what would that do??
Dorothy you create the inflationary pressures. Budget saving suggestions, look at the rorting by NDIS providers.
Who says the Government was not rorting the NDIS system? Do we know where all this money went? 🤔🇦🇺
albo is not working for the good of Australians - like an out of control commo trainwreck.
Poor Michelle Bullock. The opposition got rid of Phill Lowe thinking she would do what HE Wanted.
Sorry you mean Albo Aka Raygun 😂
Sell our fucking gas instead of giving it away.
Labour will always leave massive debit for the people to pay.
Yes and where is all the money coming from? By taxing the working man much more. Why is inflation increasing so much because they keep spending so much for so little in return
Have you seen a more accident prone Government.
4:17 😳did I hear Bill paid $630,000 to fix his speach impairment? That just shows the inefficience of the Australian mental health towards any of the simplest impairments cos, do you think he's brushed off his empathy when he talks?
‘Why Labor seeking to Corporatise Australian Homes' 9.8.24 Senate Economics Leg Committee , Labor introducing Bill 15% reduction in tax foreign ownership can't use super to buy a home, will rent off your super, corporate housing, Senator Andrew Bragg
A variable GST would *not* impact all Australians fairly. Lower income people and families need to spend proportionally more and therefore would be affected more by increased GST rates.
Not sure that is correct. Especially when fresh food items are gst exempt.
The burden is also on taxpayers who have to pay back the governments debt.
Well done Jane Hume!
This reminds me of the conflict King Charles 1 had with his parliament, that didn't end well for the King or the United Kingdom! Albo has conveniently forgotten he is a servant of the people, not the King of the Treasury! 🧐
Bowan is killing Australia with free energy. the guy is mad.
Exactly, it is so unfair to put the pain & burden on people with a mortgage to fix inflation when the majority that caused the high inflation was the government, over paid politicians & debt free boomers.
Keep not taxing the few who reap the wealth out of the very soil we all stand on.
The RBA's job is to balance the economy while government policies affect the economy.
Variable GST is a much fairer way to curb spending rather then the sledge hammer that is rate rises. It's not even the RBA's fault anymore as they only one lever to pull, it's clearly incompetent leadership.
I thought Albanese committed to transparency and accountability! You get what you vote for!
Sack the government now! We cannot afford to support Albo’s massive ego any longer! This country will not recover if Labor get re elected.🇦🇺
Who votes for this PRAT!
I like the sound of that, rather than 1/3 of mortgage holders being crushed.
We need to all come together and vote the labor government out. Albanese is ruining our country.
There's too much bs rhetorics in australian life, economy and politics.. I get lost cos, the news sound more and more alarming, yet it's the same news as 20 years ago. I think a simpler way to do news today is to only talk about what is not rigged in advance by scam artists.. what is considered progress would be nice to look at now and then instead of hearing excuses and grunts
The news would probably only last 15 seconds.. like "sun came up without arguing too much" that's all for today
About time someone woke up about raise the super rate instead of mortgage rates
Sack albo now
The biggest cost of living my family faces currently is cost of government. Tax, fees, charges, tax, fines, tax on top of taxes and the text that i have money in super that's being wasted and won't be enough to retire on anyway which i can use now to better my situation and help stop the anxiety.
I don't know how and the idea kinda scares me but I think it's what I need it's better then feeling defeated and that all is hopeless....Whatever it takes I won't let our government win I do throw my arms up in the air and give up the Australian dream so I'm going to use and abuse this country I'm going to sell everything I own save up my money and NO I won't spend it here...Australia you win I'm leaving with my money and go were my money I worked hard for will actually get me something it's called a life....Yes I'm Australian born, raised and ashamed.
What bothers me is an argument by 'opposition for better alternative.
Fist thing you cut is there wages and then work your way through everything
Jim’s pick has turned on them…….🤣🤣🤣🤣🤣🤔🤫😳
Albo is to politics what Raygun is to break dancing.
A big fat zero.
Who do you Trust more? You get what you vote for!
Michelle Bullock, how much is her salary? I’m thinking well over $500,000 p.a. With inflation, it’s because of the extreme wages politicians and senior public servants get.
Pushing super towards 12 percent is already closing businesses
43 percent of business is not breaking even at present. Increased wage pressure could push it to 60 percent
Labor....the enemy within.
What am I missing. Increasing the % on GST would just make businesses increase the cost of their goods or service. And I thought Super is paid on top of base incomes. It does not reduce the amount in each pay it is an additional amount employers pay on top of wages. So if you increase that amount, where do you think employers will try to recoup that additional expense? Increasing the cost of goods and services?
How are either of these methods supposed to reduce inflation?
I think the Super lever seems to make sense and needs further review. For me, it is more logical than raising rates which only hurts part of the community unevenly.
Super and GST need to be looked at when Dutton becomes PM.
Albanese and his team are clueless as far as making good decisions.
I learned about fiscal policy and monetary policy in high school. Didn't anyone in labor government do economics in high school. I like the superannuation rate adjustment idea. The only problem is superannuation funds will have more, or less, money to spend which may defeat the purpose.
Labor literally is against every single party including their voters. the difference is we anti labor individuals understand what labor true face is but labor voters not even they are way worse off under labor
Really, raising or lowering superannuation rate doesnt change peoples cash on hand it only effects employers remuneration which will cost the consumer more in the end.
What about simply cutting or capping the fuel excise. Inflation problems will go away almost over night. All those Woolworths trucks delivering our food suddenly paying significantly less for fuel. Everybody's fuel is less, it's that easy.
albo wage bribe may work with labor and unions but the gov general and bank boss ,WE voters can see what you are up to ....of the Lack of common decency
The Crash is coming between Nov-June. Get ready frogs they are turning up the heat on the pot.
Why don’t you do a story on all the people that are been waiting for insurance claims from injuries? billions just in work injury claims.
Peter Dutton for prime minster 🎉🎉🎉
I have mentioned using the superannuation rate to control inflation because it affects everyone who works. But that was a couple of years ago. I have a new idea now, and banks won't like it.
Make the RBA interest rate pay off the PRINCIPAL of the home loan instead of going to the banks as profits. A loan's interest rate of 6.99% is made up from 2.49% is banks interest and 4.5% is RBA interest. The banks create the money for a home loan out of thin air. The only people who can print money are the banks. The mint prints physical money, but the banks create money using the fractional reserve system. When interest rates are low, it floods the economy with created money from cheap loans, which grows the economy, but causes inflation. When you pay off the principal of a loan, that money disappears to the thin air it came from. If the RBA interest rate loan repayment went to the principal it would remove money from the economy quicker and lower inflation better.
Well .....
You could have a person with great potential, but
If the parents are mental
NOT much you can do
Workers do not pay super the boss does how dumb is thst
$600,000 on a speech writer to lie better to you.
So biased Please close down your News Service
Why do you get so shouty it makes you hard to listen to. Please chill out.
Current government in Australia is in duspute with RBA about state if economy, rightly so, thay have to show leadership and reduce all unnecessary spanding whithin government on all levels including speach writers, PR, etc.
Also , cutting GST a little bit and increse super contribution a little bit could be helpfull to all Australians, especially households with morggiges,definitely.
But major help is energy policy, change target of net zero, go much slow like LNP energy policy, including nuclear as well.
The people of Australia need some form of relief to make ends meat otherwise many negative impications might arise including society disfunction, anymosities, unrest etc,unfortunately.
🇺🇸💯❤️😊🌎👍🤗🇦🇺 7:20
Notexe vesino 500
LOL. Working 9->5 tryin 2 raise a Famiulee @ home HAHAGHahda. Wait.... wait i gotta stop laughin. Ino le answer 2 tHat 1. hang onlol. ANS ='s " Iff NASA lands on MARZ, with 2 Moon's, Do female'zs need 8 day'zs a moonyh 13 time's a yr me time?" Please Explain!!!