Labor costings confirm: higher deficits and debt under Labor

  1. Cowboyinvestor
    21,300 Posts.
    lightbulb Created with Sketch. 33
    clock Created with Sketch.
    19/05/22
    13:41
    Post #: 61501125
    Jim Chalmers has just announced Labor will run up larger debt and deficits than the coalition, to the tune of -$7.4 BILLION, before they spend a day in government.

    Amidst current global inflations Labor have decided to increase spending to GDP, putting upward pressure on inflation and likely delivering a recession for Australia

    https://www.abc.net.au/news/2022-05-19/election-live-blog-may-19/101077738
    Last edited by Cowboyinvestor: 19/05/22
    Likes Created with Sketch. 19  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
right-arrow Created with Sketch.
NEWS Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals
right-arrow Created with Sketch.
NEWS NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play
right-arrow Created with Sketch.
NEWS Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing
right-arrow Created with Sketch.
NEWS Join the Crypto discussion!
right-arrow Created with Sketch.
NEWS Access the Latest ASX News!
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.