Immigration, page-40

  1. 58,225 Posts.
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    I begin to doubt your awareness of RBA and other assessments of the Aus economy.

    productivity hasn't been laggin
    https://hotcopper.com.au/data/attachments/4536/4536111-6b262c302e11acdbdd3136d3d34361ee.jpg
    https://www.rba.gov.au/publications/bulletin/2012/jun/3.html

    and to reinforce the case, the AICD shows
    https://hotcopper.com.au/data/attachments/4536/4536120-dfa0df5393b94a1b27c463f420a25d21.jpg
    https://www.aicd.com.au/economic-news/australian/growth/the-real-wages-vs-productivity-gap.html


    And finally revenue for the federal Govt has been rising on the strength of export prices while taxation revenue has been falling due to Govt ideologically reducing taxation on the wealthy causing a structural deficit. ........ have a read of https://www.mygc.com.au/budget-explainer-what-is-a-structural-deficit-and-why-does-australia-have-one/

    its honestly not about welfare payments as this number keeps rising. its lost revenue from taxation which the Morrison budgets established that is the problem.
 
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