The surplus revealed in today’s Final Budget Outcome has been delivered off the back of the former Coalition Government’s strong economic management, sky-high commodity prices and Australians having to work harder to make ends meet in Labor’s cost of living crisis.
The latest OECD Economic Outlook has sounded the alarm on a government that is distracted from managing the economy at a time it has never been more critical.
Work force data released today shows Australians continue to work harder than ever but feel like they are going backwards due to the nation’s cost of living crisis.
While the unemployment rate remained steady at 3.7% Australians are struggling with rising prices across the entire economy.
