Albo and ALP copying the Dictator of Vics model on how to send...

Albo and ALP copying the Dictator of Vics model on how to send businesses to the wall.

Senator Gerard Rennick

@SenatorRennick

“According to new data from the Australian Securities and Investments Commission (ASIC), the number of firms entering external administration has more than doubled in the two years since the Albanese government came to power. The construction sector continues to lead Australia’s insolvencies with 2,439 building companies entering administration so far this financial year. Australian home builders are also contending with the hyperinflation of construction and labour costs since the beginning of the pandemic. These have driven up the cost of building new homes and driven many builders on fixed-price contracts into administration or liquidation.” This is what happens when Governments lose control of immigration rates forcing interest rates up. If interest rates continue to rise there will be a lot more pain on the way