Jim#houseprices #auspol #ausbudget #auseconomy
House prices are nearly three times higher than what they should be in Australia. And they are owned by fewer people. The widening gap between the “haves” and the “have nots”.
skuaBelow is a graph from Deloitte Access Economics showing the Australian economy.
It has expenses exceeding income.
Looks like the responsible thing for Anthony Albanese to do is tax gas exports at 50%.
Anyone got the expected increase in revenue that we'd get to hand?
#AusPol #AusEconomy #GasTax #AnthonyAlbanese #BudgetDeficit
#MakeGinaChuckAHissyFit #FederalBudgetAU2026
Mojo ♻️The US dollar's sharp decline is causing concern for Australia's $4 trillion superannuation pool. Rising US bond yields and mortgage rates could impact global markets, affecting Australian investments and the economy.
#Finance #Superannuation #USDollar #GlobalEconomy #auseconomy
Mencari NewsRBA cuts interest rate to 3.85%—first reduction since 2020! With inflation below 3%, property experts project housing prices to rise 4-6% in 2025. Could this trigger the property market turnaround we've been waiting for? #AusEconomy #RBA #HousingMarket https://bit.ly/43ojuUy
🚨 3 MILLION Aussies could get a pay rise! Albanese Gov just backed real wage increase for cleaners, retail workers & childcare staff. Inflation now at 2.4%, within RBA target. How will this affect YOU? #AusEconomy #WageGrowth #FairWorkAU https://www.readmencari.com/p/wage-boost-albanese-government-backs
BREAKING: Australia adds 89,000 jobs in April with women securing 73% of new positions. Unemployment steady at 4.1% while participation among parents hits record 88.3%. Is the future of work female? Full analysis: #AusEconomy #JobsData https://www.readmencari.com/p/australias-employment-boom-women
📈 BREAKING: Australian wages grow 3.4% in year to March, first acceleration since mid-2024. Public sector leads at 3.6% while enterprise agreements drive over half of all growth. What does this mean for your paycheck? #AusEconomy #WageGrowth https://www.readmencari.com/p/australian-pay-growth-hits-34-in
💸 BREAKING: Inflation down from 6% to 2.4%, jobs growing, real wages up. "We're turning the corner," says PM Albanese. 20% off HECS debt + cheaper childcare on offer. Is your wallet feeling the difference? #CostOfLiving #AusEconomy
New survey reveals financial struggles for many Australians: 1 in 5 have less than $100 in savings, while 10.3% have no savings but are debt-free. 15.8% are in debt or seeing it grow, and 26.5% say their savings are declining or they’re saving less than usual. Only 4.2% saved more in the past year, with 16.6% managing to save consistently. #FinancialWellness #SavingsStruggles #ausecon #auseconomy #auspol
Australian mortgage holders are facing a financial squeeze, with monthly home loan repayments hitting $14.5 billion in June 2024, according to Reserve Bank data. Shockingly, 66% of this was just interest, a $5.5 billion rise since March 2022. Many are desperately waiting for rate cuts to ease the burden. #HomeLoans #InterestRates #RBA #Auspol #auseconomy #massimmigration