Rate rises won’t tame inflation, according to $140b fund’s investment chief
The investment chief of UniSuper says monetary policy has run its course, and inflicting more pain on households is not the answer.
(quote from SMH today Sun 4)
And UniSuper is probably right
Chalmers and Albo have to stop the insane spending.
Albo goes to Garma and throws $20m at a Yolnu education centre.
That is the first hole drilled in the bucket.
Garma gets 2000 people attending
The ticket price is $2000 a day nearly
I stayed a week in nearby Nhulunbuy (about 60k away)
for a week
The accommodation bill was over $10,000 for a couple - for a bloody week.
It is not your average Aboriginal attending Garma
It is for those sucking at the trough.
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