Up to 15% of Australia’s Workforce is on Welfare in some areas.
Some claim that the ABS is being irresponsible with their unemployment data.
Calls for the JobSeeker Bonus to Continue.
Will the government’s investment provide jobs and increase the complexity of our economy?
#Traffic #Infrastructure #HeiseSays Brisbane’s huge investment in road infrastructure has proven ineffective at addressing traffic congestion. References No congestion-busting benefit from Brisbane’s $10 billion toll roads: expert https://www.brisbanetimes.com.au/politics/queensland/no-congestion-busting-benefit-from-brisbane-s-10-billion-toll-roads-expert-20191014-p530m4.html?fbclid=IwAR23rlyXAgxuRxH5RWu1cnp4ddxzWG5OMg9QspkCPOGQJrV5-88wfKDeUXo
#NSW #DAMs #HeiseSays New South Wales is planning to build its first dam in 37 years. References PM ‘loves premiers who want to build dams’ https://www.canberratimes.com.au/story/6435181/pm-loves-premiers-who-want-to-build-dams/?cs=14264
Australia #AssetRecycling #Infrastructure #HeiseSays Calls for Asset Recycling are becoming louder. Will we learn from the past? References https://www.investopedia.com/terms/p/public-private-partnerships.asp Josh Frydenberg rejects state push to bring back asset recycling https://www.theaustralian.com.au/nation/josh-frydenberg-rejects-state-push-to-bring-back-asset-recycling/news-story/2147b64f5c81d6062d87450bec7acb98 Asset recycling may look new and exciting. But it’s the last gasp of a failed model https://www.theguardian.com/commentisfree/2017/jun/07/asset-recycling-may-look-new-and-exciting-but-its-the-last-gasp-of-a-failed-model
#ATO #TaxReturn #Taxes It looks like the recent tax rebates are not stimulating the economy as much as hoped because people are using it to pay off debt. An encouraging sign or more evidence that people are getting worried? References ATO’s tax rebate fails to stimulate the economy as Aussie use it to pay off […]
#ForeignInvestment #AusPOL #Housing Foreign Investment in Australian Real Estate and housing has crashed in recent years. Let’s look at how high it was and consider the implications it has had on housing prices and the quality of our housing stock. Did such rapid growth in foreign investment overheat our construction industry and are we going […]
#Stimulus #AusPOL #Housing The West Australian government is hoping that a first home buyers stimulus will help stimulate their declining housing sector. With a short timeframe and a loosening of criteria, it seems like a desperate move, particularly with additional interest rate cuts on the way. References Stimulus starts as Perth house prices fall https://www.news.com.au/national/breaking-news/stimulus-starts-as-perth-house-prices-fall/news-story/c3288798c8540fb16d7f942d0cb56cf7