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Albo Gov have orchestrated biggest drop in Aussies spending power in 40yrs sayeth GreenLeftABC, page-3

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kingy

8,832 Posts.

221

05/12/23

19:13

Post #: 71287632
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Originally posted by Welkin31: ↑

Imagine how media would scream about this for months if it had happened under ScoMo.
Just think about the harm and extra stress being laid on to millions of families behind these headlines.
This news will just fade like the proverbial old fish-n-chips wrapper.
Another standout reason to get rid of Albo ASAP and make him a one term failure.

Interest rates on hold until February as RBA pauses 5Dec23
https://www.abc.net.au/news/2023-12-05/interest-rates-on-hold-until-february-as-rba-pauses/103190584
Quote from way down the article ["Households are relying on savings to maintain their consumption patterns, following the largest decline in real household disposable income in the past four decades."These consumption dynamics aren't sustainable and it will only take a small shift in labour market conditions or a moderation in population growth to pull the rug out from under the household sector."]

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It did happen under scomo/Abbott...its just the current government has to clean up the mess
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