Treasurer Jim Chalmer plans to cut infrastructure spending at a time when Australia needs to increase its productive capacity.
I make the point that by investing in productive capacity, Australia can increase its productivity and avoid the supply chain shortages which drive up prices of goods.
If the Treasurer is hunting for spending cuts, he need look no further than the federal and state subsidies amounting to $10 billion per quarter. That’s $4 billion more than before COVID.
One Nation knows how to fight inflation. Cut immigration, ditch the UN Net Zero pipe dream, build productive capacity and infrastructure, and stop creating inflation in the first place. The Reserve Bank printed $500 billion out of thin air in response to COVID and now we are seeing the consequences.
Australia does best as a productive nation. Let’s get back to basics and allow Australians to prosper.
Transaction
The coalition is correct to point out the lunacy of Treasurer Jim Chalmers’s comments that he may cut infrastructure funding to fight inflation. The best way to fix inflation is to increase productivity, including through productive infrastructure and productive capacity. In fact, the best way to fix inflation is to make sure it doesn’t happen in the first place. That means stopping the Reserve Bank from creating $500 billion out of thin air and dropping it from helicopters as they did for Scott Morrison in the response to COVID. Never again. That means stopping the record level of net immigration, estimated at 500,000 this year—half a million! That means pulling back on the 2.3 million visa holders in the country right now who are adding pressure to the housing crisis, driving up demand, driving rentals up and driving inflation.
To the Treasurer, if you’re looking for spending cuts to fight inflation, look at subsidies. Australian federal and state governments are still handing out $10 billion in subsidies per quarter—$4 billion more than before COVID. Treasurer, if you really want to cut some infrastructure to fight inflation, cut any money you are putting toward wind, solar, batteries and pumped hydro, like Snowy 2.0. That’s the dog in New South Wales, by the way. That will have a double positive effect, taking the heat out of house construction prices and dropping power prices, which contribute to almost every other product in the country.
Let’s get serious about fighting inflation. Here’s how you do it: cut immigration; ditch the United Nations net zero pipe dream; build productive capacity and productive infrastructure, like ports, dams, railways and power stations; and don’t create inflation in the first place, printing money out of thin air in electronic journal entries as the Reserve Bank has admitted. Get back to sound basics that enable the productive capacity of Australians to prosper.
Agreed! Common sense always so refreshing
Hi Malcolm, it’s great that you keep sticking it to them. They may even learn something one day that doesn’t involve how to lie and cover up massive mistakes. We have infrastructure being built in Rocky right now to pump water to Gladstone. 100klm+ of water pipe buried to get water to another town. Meanwhile, within 10 minutes of Rockhampton, farms are going dry and they can’t even take a shower without buying water and having it trucked in. I applaud the freeway being built between Rockhampton and Yeppoon, however the same happened between Rockhampton and Gracemere and a stretch that was 100klm/hr is now better road but 80klm/hr. I cannot begin to understand how that kind of stupidity occurs. Are our brains being surgically removed to drive certain speeds on some bits and others on others? You could say an arbitrary standard applies, but if I can drive 100klm/hr on a single lane goat track, why is the same speed on a freeway any more dangerous? It should be 110klm/hr! Our road safety standards need to be thrown in the bin and re done. They’re still applying to a horse and cart I reckon.
I recall in the 1970s that we were all told we had to reduce the number of children we had to two. But the levels of immigration are far above the African birth rates of 3%. So so-called “immigration” is really about diluting the existing community and replacing it with people from abroad.
I recall in the 1970s that we were all told we had to reduce the number of children we had to two. But the levels of immigration are far above the African birth rates of 3%. So so-called “immigration” is really about diluting the existing community and replacing it with people from abroad. Plus, I note that the boats from Indonesia have started up again. Is it true that government brought in 500,000 immigrants last year alone, and those arriving are applying for (in at least one case) 20 relatives to join them?
On the news this morning was the hospital question to do with ambulance ramping and long wait times. Again, we see how investment in services and infrastructure has not kept pace with the artificially inflated population. There’s a simple solution that would help buy time to ease this problem, as well as the housing crisis, and no doubt other areas of economic and social strain – shut the gates. Australia needs to stop relying on foreign workers and foreign students, who cause as many problems as they solve.
That’s great common sense Sen. Roberts. Australia is bleeding but the Government is deliberately destroying the country by ignoring our economic and social problems. Their agenda is to destroy the nation for the next Government and/or pave the way for a “saviour” Reset.
What are the 33% thinking now? Australia is still very silent. Complacency and apathy are 2 big problems.We need protests to get rid of the ALP. I do not condone violence but if Australia was like some hot-head South American nation, Albo would most probably be assassinated.
Australia is in reverse gear and there’s still 18 months for more potential damage to be done. It will take a lot to get the country in first gear, let alone overdrive, especially when ALP are booted out in ’25 and a new minority Government appears. Your recovery plan is most needed.
Aussies will however be looking for alternatives for governance, especially with the disgraceful ALP show and LNP/Greens being untrustworthy. One nation will pick up more seats and hopefully will have some much-needed control.
I’ll be watching QLD intently.
Hi Malcolm.
We are all very grateful for your champion effort of being “valiant for the truth upon the earth”.
Suggestion: Not sure how helpful, but to inform Churches and every Christian ministry of political truth and vision. The Bible declares that the true Christian witness of truth and righteousness coming from the ‘real deal’ churches is “the salt of the earth”. Sadly, there are some in the Christian community that are ‘asleep’ to the awful political wrong corrupting our nation but there could be real value in reaching out to the Churches with the offer to come and speak to them singular (Churches) or even collective.
Lord BLESS.
Grant Hayman