The Coalition is urging the Albanese Labor Government to rule out adopting recommendations from a draft Productivity Commission report which threatens to rip funding from non-government schools and charities.
More Australians are trying to find a job as the Albanese Government’s chaotic handling of the economy imposes harsh new costs on households, families and businesses.
While the Coalition welcomes the Albanese Labor government’s concessions that financial advice reforms need to extend beyond superannuation, these reforms are meaningless if Labor unwinds years of hard-won protections for consumers within super.
Today’s National Accounts figures confirm that Australia is in a GDP per capita recession, and they highlight the grim Christmas that so many households will face.
The numbers today tell us that middle Australia is being absolutely crushed.
The Reserve Bank’s decision to hold interest rates at 4.35% is cold comfort for hardworking Australians with a mortgage.
With the Reserve Bank expecting inflation to remain a challenge until late 2025, Australian families are facing several more months of higher mortgage repayments.
