Are you saying that the lowest paid are better off now, than before labor came in?
I posted a graph to show the disparity between wages and inflation, the fact you can't follow it, isn't my problem and is probably the reason you are infatuated by Labor, even Keating realised the problem with rampant inflation and decided that a recession was a better choice.
I'm not twisting your words, you are putting up a moral question to an economic decision, but that is how you guys work, so it is to be expected.Stop twisting my words the questions are below and if you don't want to answer no problem.
"So are you saying Labor shouldn't have raised wages and tighten conditions for the lowest paid?"
"Should they just continue the Coalition policy of lowest paid being part time with reduced safety provisions in their work place?"
If any government wants to control inflation they have to control power prices, and I can't see nuclear doing that. Labor has work to do in that regard, but I give renewables more chance than nuclear of supplying cheap energy.I'm not twisting your words, you are putting up a moral question to an economic decision, but that is how you guys work.
I'm just trying to explain that the decision Labor made to crank up inflation, to to mitigate Government debt, was their choice and the fallout is the lower levels of society suffer the most from that action.
You trying to condone it by saying the lower wage earners recieved a pay rise and tax cut, doesn't change the fact that a 10% pay raise at the bottom, doesn't cover a 50% increase in rent, consumables and the house they were hoping to buy has actually doubled in price.
The silent majority will decide, but I actually hope Labor get in I will be voting for them, this really needs to play out IMO.
You mean economic and cultural devastation?this really needs to play out IMO.
I'm not twisting your words, you are putting up a moral question to an economic decision, but that is how you guys work, so it is to be expected.
I'm just trying to explain that the decision Labor made to crank up inflation, to to mitigate Government debt, was their choice and the fallout is the lower levels of society suffer the most from that action.
You trying to condone it by saying the lower wage earners recieved a pay rise and tax cut, that doesn't change the fact that a 10% pay raise at the bottom level, doesn't cover a 50% increase in their rent, consumables and on top of that the house they were hoping to buy has actually doubled in price.
The silent majority will decide, but I actually hope Labor get in I will be voting for them, this really needs to play out IMO.
I have been off the grid for years and pay no electricity charges. I obviously have the fixed costs of solar panels, batteries and inverter etc.If any government wants to control inflation they have to control power prices, and I can't see nuclear doing that. Labor has work to do in that regard, but I give renewables more chance than nuclear of supplying cheap energy.
Exactly , too many hangers-on with their hands out. Do you ever use a generator? I won't knock you if you do, I'm just interested to know the realities of off gridWhen I think about it, my biggest saving is in cutting out the parasitic middle men, being the electricity retailers.
Never used a generator to charge the house batteries (just the free sun).Exactly , too many hangers-on with their hands out. Do you ever use a generator? I won't knock you if you do, I'm just interested to know the realities of off grid
Time will definitely tell whether that is true or not, there is no doubt it is cheaper, whether it can do the heavy lifting time will tell.If any government wants to control inflation they have to control power prices, and I can't see nuclear doing that. Labor has work to do in that regard, but I give renewables more chance than nuclear of supplying cheap energy.
I'll argue that government, of either political persuasion, needs to focus on fixing the structural problems rather than looking for ways to mask the pain.So are you saying Labor shouldn't have raised wages and tighten conditions for the lowest paid?
Should they just continue the Coalition policy of lowest paid being part time with reduced safety provisions in their work place?
If lower price is the aim then that requires reform of the market.If any government wants to control inflation they have to control power prices, and I can't see nuclear doing that. Labor has work to do in that regard, but I give renewables more chance than nuclear of supplying cheap energy.
Thanks to good old Albos mass migration profits of companies sky rocketing property prices and wages and standard of living declining.From December 2019 to June 2023, inflation in Australia rose faster than it has in 30 years. Over this time, the share of national income going to corporate profits also increased substantially.
At the same time, the share going to wages and small businesses declined.
The profits made by large corporations during this time are huge: some $100 billion over and above their pre-pandemic profit margins.
According to Australia Institute research, these rising profits made up more than half of the inflation above the Reserve Bank of Australia (RBA)’s target range of 2% to 3%.
Corporate profits increase inflation | Fact Sheet
The prices of many goods and services have increased dramatically across Australia since 2021. This has resulted in hardship for many households—along with $100 billion in increased profits for major companies. These corporate profits have been a key factor driving inflation.australiainstitute.org.au
Whatever it takes.If lower price is the aim then that requires reform of the market.
While fixing up and looping holes in the fair work act l they created bragged about it to pretend to care to the workers class that they careWell, Labor cut taxes as well.
But cost of living relief is not sustainable in the long term and the Gov will have to find other sources of revenue while they fix the real problems.
There are fores and minuses for both sides of the political fence, usually to my mind all duds.While fixing up and looping holes in the fair work act l they created bragged about it to pretend to care to the workers class that they care
We need a Javier MilleiThere are fores and minuses for both sides of the political fence, usually to my mind all duds.
Albo, The Elbow in my opinion is not a Leader for the Labour Party, there has to be someone who is able to come across as a strong personality and leader.
Dutton, The Dud leaves from far from impressed.
I'll argue that government, of either political persuasion, needs to focus on fixing the structural problems rather than looking for ways to mask the pain.
As a cure for cancer, paracetamol really isn't up to the task.
Taxes need not go up under government ownership. Costs can be recovered and a profit earned, but just not as big as the commercial operators want.unless government simply socialises the cost and funds electricity from consolidated revenue (but in that case taxes go up to pay for it so it's still not a solution).
@SirRumpole would have thought so. Nothing for nothing mostly these days.Taxes need not go up under government ownership. Costs can be recovered and a profit earned, but just not as big as the commercial operators want.
Snowy Hydro charges for power does it not?
sadly i cant see any waiting in the wings. maybe a Clive Palmer big ideas not sure how well they work but he is listed as a billionaire and could incoroperate his titanic 2.0 in his campaign advertising and use to wine and dine forigin investorsWe need a Javier Millei
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