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Firstly it isn’t under control - it was still above ‘target’. It was also artificially lowered through the govt subsidising energy costs. And we are in a long term per capita gdp recession …
Weird - constraining construction talent and inflating building costs whilst we have housing under supply and then increasing immigration to avoid a recession. Tell me again what I’m seeing?
By investing in massive infrastructure projects and not changing the skilled migration to include construction once it was clear they needed it (due to likely backlash from their union backers) ….?
True best not educate yourself. Best just blindly believe in your hopeless leaders
Soft landing….? We haven’t landed yet. And realistically the labor govt has had very little to do with our current economic performance. Their constant overspending especially on infrastructure and the NDIS has created the need for constant tension with the RBA.
They also spent critical surplus income wildly on energy rebates. Which were a political stunt to show inflation going down - probably because they were some worried it wasn’t. They have failed to reduce immigration - again probably because they realise they won’t avoid a recession without it.
This labor govt are terrible. The current greens are useless and led by someone who would make napoleon look empathetic and the libs are showing even a super villain can become electable …the country is stuffed atm.
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Weirdly they were trying to get inflation under control whilst spending at record levels in the budget ….