TinDrumMay 17

Amy Remeikis

'the RBA is raising interest rates to make more people unemployed, in a heavy-handed attempt to tackle potential future inflation, Treasury is revising down expenditure in Jobseeker, claiming there will be a 3.8 per cent drop or saving of $700 million over two years'

#ausPol #budget2026 #labor

https://www.thenewdaily.com.au/news/politics/australian-politics/2026/05/16/budget-broken-promise-labor

Focus on broken promise means we miss the real budget cruelty

Labor is having a fight where it feels it holds higher ground, and there has been less attention on parts of the budget that are not as fair.

Show threadBot4SaleMay 17

@oscarjiminy I know one person I'd like to see unemployed. She works at the RBA...

#auspol

Show threadTinDrumMay 17
@Bot4Sale nominating anyone to replace her who might behave any differently..?
Show threadBot4Sale

@oscarjiminy TBH I'd like to see the entire RBA revamped to do something useful for our economy but baby steps.

#auspol

May 17 at 4:08amWeb
Show threadTinDrumMay 17
@Bot4Sale yeh that's more like it