Darlin Khamo

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Financial Review @FinancialReview]

The international forces driving the inflation of goods, food, energy and housing appear to be unwinding, suggesting prices could fall too. https://t.co/MFpA3WhPaS

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

Starting tonight, for every hundred dollars a small business spends on training their employees, they will get a $120 tax deduction.

Helping them become more productive and competitive. #Budget22

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[David Taylor @DaveTaylorNews]

JUST IN

Australia’s housing market boom is showing clearer signs of slowing.

'Interest rate considerations have yet to really impact'

Via @WestpacMedia

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Reserve Bank of Australia @RBAInfo]

We have released a snapshot of Key Economic Indicators - https://t.co/SKUCdSZ9Ru

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

Today’s RBA Statement on Monetary Policy shows:

👉”The economy is recovering rapidly” & indicators “point to a strong recovery in the labour market.”
👉Strong growth of 5.5% in 2022
👉The unemployment rate is expected to fall to 4.25% compared to 5.7% when Labor left office.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

Once again, the Australian economy has displayed its remarkable resilience.

The unemployment rate has dropped to 4.9% in June - the lowest in more than a decade - with 51,600 full time jobs created.

While positive, these numbers do not take into account the NSW lockdown.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Reserve Bank of Australia @RBAInfo]

At its meeting today, the Board announced measures that will provide the continuing monetary support the economy needs as it transitions from the recovery phase to the expansion phase. Full details - https://t.co/vkcyoUzNpM

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

#COVID continues to create many challenges for our community.

The Morrison Govt is providing significant economic support, with payments of $500 & $325 available to people affected by lockdowns extended beyond a week.

We’ve got through it before & we will get through it again.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

#BREAKING: Key measures to lower taxes & create jobs are coming into effect from today.

✅Providing tax relief to millions of hard-working Australians, incentivising business to invest, and ensuring our super system works harder for you.

More here👉 https://t.co/4eCgvI4mLO

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Samantha Maiden @samanthamaiden]

BREAKING: Massive tax breaks worth $18 BILLION (no, that's not a typo) under extension of business write off scheme for utes, machinery. PS that's TEN times the value of the childcare relief that's delayed until 2022 https://t.co/Lfz24As34F via @newscomauHQ

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

In this #Budget2021, we double our commitment to the #JobTrainer Fund. Supporting a total of more than 450,000 new training places to upskill job seekers and young people. At a cost of $2.7 billion, we will create more than 170,000 new apprenticeships and traineeships.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Hon. Scott Morrison AC @ScoMo30]

Over 10 million hard-working Australians will benefit from a new and additional tax cut in #Budget2021.

Low & middle-income earners will receive up to $1,080 for individuals or $2,160 for couples.

More of their money in their pockets to spend across the economy, creating jobs.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Financial Review @FinancialReview]

We are getting ready for Treasurer Josh Frydenberg to deliver #Budget2021. Here's everything we know so far. Our full coverage will go live from 7.30pm. https://t.co/0ajUA0A7np

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

#Budget2021 is all about the Australian people.

It’s about guaranteeing essential services, creating more jobs, and keeping Australians safe from #COVID19.

I will outline the Morrison Government’s plan to Secure Australia’s Recovery tonight at 7.30pm.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

The Australian economy has again shown its remarkable resilience, with the unemployment rate dropping to 5.8%, substantially beating market expectations.

The months ahead will be challenging but Australians can look to their future with confidence. @ScottMorrisonMP @SenatorCash

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Shane Oliver @ShaneOliverAMP]

Australia had had a very strong strong jobs recovery compared to other comparable countries. (Deutsche Bank chart)

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Josh Frydenberg @JoshFrydenberg]

Our Govt believes Australians should earn more & keep more of what they earn.

$12B in tax cuts is expected to flow through to Australian families between now & September.

This will put more money in the pockets of hard-working Australians & help boost our economic recovery.

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Shane Oliver @ShaneOliverAMP]

Compared to various countries Australia is running around the top or high end in terms hotel occupancy, restaurant bookings, mobility and job postings.
#ausecon #ausbiz

[Darlin Khamo @DarlinKhamo]

#ECOCCC22

[Shane Oliver @ShaneOliverAMP]

#RBA Gov Lowe reiterates dovish message:
The economy has recovered faster than expected but still has a long way to go to meet the RBA's employment and inflation goals
Business investment is yet to kick into gear