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This week’s budget from Treasurer Chalmers, on behalf of the Labor-Greens government, could not be further from the Labor Party’s original support base of working Australians. A simple question: what in this budget will ease the challenges everyday Australians are facing, challenges the Labor government have created themselves? Under Prime Minister Albanese, inflation is 4.6 per cent and 13 per cent across his government’s four years. Don’t blame Iran or Ukraine! It’s the government itself which is the leading cause of inflation. 

The Australian Bureau of Statistics tracks increases in government services on a like-for-like basis. In the 12 months to March this year, government property rates and charges went up six per cent, water and sewerage went up seven per cent, postal services went up eight per cent, secondary education went up seven per cent, preschool and primary education went up five per cent. All of these government charges have increased faster than the overall inflation rate. Wages have gone backwards. Average wage increases in the last 12 months were only 3.7 per cent in the private sector and 3.9 per cent in the government sector—less than inflation. 

Under the Albanese Labor government, if it feels like you’re going backwards while working harder, it’s because you are. That’s why 56 per cent of the public in a recent Freshwater poll think the country is going in the wrong direction. It’s no wonder the ANZ-Roy Morgan index of consumer confidence fell 4.3 points last week to 58.8 against the long-term average of 110. This is the lowest consumer confidence reading since records began in 1973. 

The tax cuts in the budget are an insult and will be wiped out from inflation before they start next July. We need infrastructure spending, smaller government, an end to net zero madness and waste, and balanced budgets. And stop flooding this country with more people than we can build homes for. It’s driving the prices of houses beyond affordability. These are all One Nation policies which will help. One Nation is now the party for workers. 

Transcript

This week’s budget from Treasurer Chalmers, on behalf of the Labor-Greens government, could not be further from the Labor Party’s original support base of working Australians. A simple question: what in this budget will ease the challenges everyday Australians are facing, challenges the Labor government have created themselves? Under Prime Minister Albanese, inflation is 4.6 per cent and 13 per cent across his government’s four years. Don’t blame Iran or Ukraine! It’s the government itself which is the leading cause of inflation. 

The Australian Bureau of Statistics tracks increases in government services on a like-for-like basis. In the 12 months to March this year, government property rates and charges went up six per cent, water and sewerage went up seven per cent, postal services went up eight per cent, secondary education went up seven per cent, preschool and primary education went up five per cent. All of these government charges have increased faster than the overall inflation rate. Wages have gone backwards. Average wage increases in the last 12 months were only 3.7 per cent in the private sector and 3.9 per cent in the government sector—less than inflation. 

Under the Albanese Labor government, if it feels like you’re going backwards while working harder, it’s because you are. That’s why 56 per cent of the public in a recent Freshwater poll think the country is going in the wrong direction. It’s no wonder the ANZ-Roy Morgan index of consumer confidence fell 4.3 points last week to 58.8 against the long-term average of 110. This is the lowest consumer confidence reading since records began in 1973. 

The tax cuts in the budget are an insult and will be wiped out from inflation before they start next July. We need infrastructure spending, smaller government, an end to net zero madness and waste, and balanced budgets. And stop flooding this country with more people than we can build homes for. It’s driving the prices of houses beyond affordability. These are all One Nation policies which will help. One Nation is now the party for workers. 

Think about this scenario: the RBA cuts rates, yet the interest you pay on your mortgage goes up. How could that happen?

The answer is the Australian government’s trillion dollars in debt. If the muppets in Canberra continue to spend and borrow like they have been, adding to the near trillion dollar debt pile, the consequences for Australians will be huge.

The country will lose its credit rating, bond premiums will increase and there will be flow on effects right down to the repayments on your mortgage. Everyone knows you can’t spend more on the credit card than what’s coming in your salary or the house will crumble.

Everyone it seems, except Jim and Albo in Canberra.