The cost of everything is going up, but the Albanese Labor government is pouring more fuel on the fire by tipping billions into policies that will make electricity prices even higher. With more wind and solar in the grid than ever before power bills have never been higher. Time to give up on this pipe dream.
Transcript
President the Albanese Government’s behaviour goes well beyond a broken election promise to give cost-of-living relief. The Government is actively making inflation worse.
The inflation rate is 8% and will remain at 8% into the future, on the back of increases to energy prices. Electricity, gas, diesel and petrol are all inputs into every corner of our economy.
Forcing energy prices up to appease the sky god of warming will force up input costs right across our economy and lead to more inflation.
Weather-dependent solar and wind power will never provide baseload power. Doubling down on more solar and wind, before the added cost of changing out every wind turbine and solar panel with new ones before we even get to 2050 will lead to more inflation.
Taxpayers pay for these things twice: once in taxpayer subsidies to wind and solar and through higher inflation. Energy inflation.
Not only do we have a lack of wage rises, we have a lack of wages. Businesses are closing all over Australia as inflation wreaks havoc in the productive economy and energy costs drive manufacturing overseas.
This Government has no answers. We have just seen a child care bill that gives handouts to millionaires but fails to create a single job.
Failing to use government policy to create jobs while allowing 220,000 new migrants into Australia every year will create a pool of unemployed, resulting in reduced market power for labour. That can only mean lower wages, even before losing 8% a year off their pay packet through inflation.
One Nation believe the way to break the inflation cycle is a comprehensive root and branch review of the taxation system, to return bracket creep to wage earners while forcing big business, especially foreign corporations to pay their fair share.
Queensland Labor’s Health Department still mandates COVID injections for health professionals. Injection mandates must be abolished now. Let anyone who wants to work, work.
We are one community, one nation and Labor are a threat to breadwinner jobs.
Thank you, Senator Roberts