Any government, of any persuasion, who states the incoming...

Any government, of any persuasion, who states the incoming budget will be so bad and the worst since WW2 is setting us up for modern austerity measures. This is so we all fall into line via compliance, conformity and more so atm, obedience.

We need to brace ourselves.

The Reserve Bank can only advise nowadays as the years when we could amend monetary policy are well and truly gone.

Economists are scratching their heads.