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Cowboyinvestor

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14/05/24

22:39

Post #: 73824698
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Originally posted by Cowboyinvestor: ↑

You didn’t look very hard did you…. You should give the ALP shill gig a rest for a while

Mr Richardson said the Budget narrowed the RBA’s already-narrow path to achieve a soft economic landing to avoid a recession.
“We’re in a hole and we’re still digging,” he said.
“Our decisions are making it harder for the nation to make ends meet over the longer term.”
The broad nature of the electricity price relief — which will not be means tested — has caused concern.
“Cost-of-living relief, primarily delivered through the Stage 3 tax cuts and electricity rebates, is being delivered broadly, rather than targeted at those doing it toughest,” Committee for Economic Development Australia chief economist Cassandra Winzar said.
“We’re in a hole and we’re still digging,” he said.
“Our decisions are making it harder for the nation to make ends meet over the longer term.”
The broad nature of the electricity price relief — which will not be means tested — has caused concern.
“Cost-of-living relief, primarily delivered through the Stage 3 tax cuts and electricity rebates, is being delivered broadly, rather than targeted at those doing it toughest,” Committee for Economic Development Australia chief economist Cassandra Winzar said.

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