Hume Media

Today’s National Accounts shows the slowest GDP growth since the 1990s, outside the pandemic.   

 

This is the sixth consecutive quarter of negative GDP per person growth.  This is the longest per capita recession in 50 years. 

 

The latest monthly inflation data from the Australian Bureau of Statistics confirms inflation is still homegrown, too high and sticky.  

 

 

I have received correspondence from the Treasurer outlining proposed amendments to his RBA reform legislation.  

 

As you would expect, we will take our time and work through the detail.  

 

Labor and the Greens have teamed up to ram through new mandatory disclosure laws which impose an unacceptable compliance burden on the Australian economy.

 

In the Senate today, the Coalition ensured the passage of key legislation to expand the functionality of the Consumer Data Right (CDR), an important cost of living and competition initiative.

 

The ABS Labour Force data released today confirms that more Australians are unemployed or looking for work, with seasonally adjusted data showing unemployment has reached its highest level under Labor. 

 

Today’s quarterly inflation figures confirm what Australians are feeling and Labor is denying: Anthony Albanese and Jim Chalmers have failed to tame inflation.  

 

Consumer prices grew by 1% in the quarter, increasing headline inflation to 3.8%. 

 

In an embarrassing attempt to cover up its botched legislative rollout of new financial advice laws, the Albanese Labor Government has finally moved amendments to the first tranche of its response to the Quality of Advice Review (QAR).  

 

The community of Wingello is set to benefit from a new upgrade at Casburn Park.

The project has been made possible thanks to a $2.5 million dollar grant from the Australian and NSW Governments through the Bushfire Local Economic Recovery Fund.

Australians are being failed by the Albanese Labor Government.  

 

As we enter the new financial year, members of the Labor Party are promising life will be easier because of their policies.  

 

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