Back in Surplus and Inflation Reducing - The Budget Magic Trick

Back in Surplus and Inflation Reducing - The Budget Magic Trick - Ainslie Insights

Рет қаралды 449

Күн бұрын

Chris and Alex discuss the implications of Australia's latest budget which claims a surplus fuelled by inflation, with government measures like subsidies and rental assistance. Delve into the critique of these policies and their long-term impact on the economy.
Today's Insights are based on the morning’s news posted on the Ainslie website - ainslie.to/4bAczdB
Read TOMORROW mornings news at - ainslie.to/4aqkyKz
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Пікірлер: 12

@Pyjamarama11 23 күн бұрын

When youre living and breathing a financial crisis, and a Labor government tells you they've found a budget surplus .... You know you're living in Clownworld

@mattivation_inc. 23 күн бұрын

Apart from reducing spending, here’s one solution: every state needs to raise resource rents, then contribute a percentage to a sovereign wealth fund (like Norway did), invest it wisely, then, as Norway does, use the dividends from these investments contribute significantly to funding ‘necessary’ government services.

@cameronhickey7771 23 күн бұрын

Govt spending is inflationary, so more govt spending equals more inflation...

@BDK86 23 күн бұрын

Build homes or close the door!

@mattivation_inc. 23 күн бұрын

Agreed. I think build homes AND close the door, at least partially, at least temporarily.

@mcpopgaming6329 23 күн бұрын

Australia had the 2nd strongest budget balance as a share of GDP among G20 countries last year, up from 14th place in 2021. I think considering the global backdrop Albo's Cabinet and getting us back in the black twice since the Liberal's were voted out is an achievement. Leading economists have predicted Australia's growth over the next 20 years will be moderate. Other major economies are predicted to decline, except China, Indonesia and India. I'm optimistic 😊

@cameronhickey7771 23 күн бұрын

Lies, damned lies and statistics - Mark Twain

@ozoptopess 23 күн бұрын

Budget focus on Cost of Living! they are full of crap once again... 10% increase on Rental Assistance, how is $18.82 per fortnight going to help when my rent is $1,120.00 per fortnight??? As a single parent, cant afford to move as I do not qualify under rental agents income qualifying criteria to find a cheaper home, if there was one.

@ainsliebullion 23 күн бұрын

When real world figures are applied, it really does seem that the math stops mathing.

@richardlove4287 23 күн бұрын

Let’s get the crack up boom part over with, then we can really enjoy the crash and all the prepared people can pick up bargains at $0.10 on the dollar.