Per capita real GDP growth was negative 0.13 per cent in the March quarter of 2026.
Ten out of the fifteen full quarters under the Albanese government has experienced a fall in per capita real economic output.
https://t.co/v6IMGjjIdd
Comrades, we have done it again. This is a win for the working people. We have gone backwards!
Alas, all of the growth has come from the private sector. But rest assured comrades, that means more opportunity for new taxes, seeding division in our society to break the opposition party, and extra employment in the public sector.
Blessed be the fruit!
(Obviously I’m joking. Nearly everything going backwards, higher interest rates, higher taxes, higher public sector employment, medical costs like GP visits blowing out, ER wait times rising, inflation rising because of gov spending, house prices getting crunched, low income earners getting taxed more, attacks on entrepreneurship… I’m just trying to keep things lighthearted… we’ll get through it. Have a great day. P.S. @TMFScottP is a great follow.)
This is a gross abuse of power. Undemocratic, unAustralian, and totally authoritarian - as expected, by men of zero integrity.
A morally reprehensible group of shit humans that have no right to govern.
One Nation leader Pauline Hanson will address the National Press Club for the first time in her 30-year career, in a symbolic marker of One Nation’s extraordinary political rise.
https://t.co/h3GNSEQhNm
WARNING: GRAPHIC CONTENT
British police faced a national backlash over the inflammatory case of an 18-year-old student who was handcuffed as he lay dying from stab wounds after his killer falsely alleged a racist attack https://t.co/2nWuuGnZwT
Mortgage broker Joseph Daoud spent $17,500 of his own money on billboards in Canberra to protest the budget.
Then came news of another pay rise for politicians.
Tonight 5pm on Karl Weekly.
I struggle to understand why Labor willing to go so extreme of "tax reform" at such a chaotic time, when we are at cost of living crisis, when rates are so high, when household & business confidence already so low, when property prices already cooling off in Syd and Melb.
Unless may be they deliberately cause a recession so RBA could cut aggressively soon?
Or may be there's simply no economical plan, its all just ideology?
Public spending was flat in the March qtr but remains at a way higher than normal share of GDP ..using up spare capacity and contributing to slower productivity which is adding to inflation and hampering growth in living standards.
From soaring mortgage repayments to pricier beer and bread, households are feeling the pinch as Anthony Albanese enjoys a hefty pay rise. SEE WHAT ELSE HAS GONE UP > https://t.co/opJaNM2Z5M
Opinion: The ABC has more than 1000 journalists yet Nine’s Today show did more to hold Treasurer Jim Chalmers to account. Read on: https://t.co/C3XWQA6DAJ
More immigrants than births.
This tells you all you need to know.
Soon, Australia will be a place where you only come to work and then leave again because having assets, a business, or kids here is economic suicide.
A known anti-American activist with a phobia about all things nuclear has been appointed to review a nuclear submarine deal with the US. What could go wrong??