well, they’ll have their own method of “stopping us going broke” which will no doubt be in-line with their ideology. For the Libs that will most likely mean:
-cutting tax, particularly company/corporate tax
-cutting services
-privatising services
- attacking unions and/or working conditions.
That’s the way they operate and that’s not a secret. They’ll tell you that themselves. A lot of people will agree with it too. We are a democracy and that’s the philosophy in favour at the moment. Even the Labor Party have bought into most of that over the last 20- 30 years.
Will it benefit me? No.
That's straight out of Albino's text book.Almost word for word on the TV.
Mate I doubt attacking unions will be on the cards.Self defeating ,workers will be needed in large numbers.
Massive infrastructure projects involving State and Federal Govts will be needed.Even dam building.
Maybe Payroll tax will be cut to assist small businesses to help take on more.
Some services are losing money hand over foot, such as rail to some towns.
What services would be privatised? Hospitals? No
Trains? No
In fact I think we will be encouraged to produce more here, rather than rely holus bolus on China.
If people spend more ,companies make bigger profits and unions are able to negotiate better incomes.If people don't spend, then no one wins.
I also think the Feds will provide finance for venture capital ,in diverse industries such as tech, medicine, agriculture.
The tourism industry will need to be supercharged.You can bet more people will holiday here ,rather than overseas.
You see for the cost of a unit on the Gold Coast peak time ATM plus the extras ,can cost more including plane fares than a cruise to the South pacific ,all meals and entertainment included.
Maybe the cruise industry is going to have problems for a while.
You ask will it benefit me?Unless you're a 73 year old crocodile shooter from the deep North, a growing economy should help you.You may have to upskill or change jobs on a more regular basis.
Unless of course you prefer to live in China, and be told what to say on Beijing football websites.
The indications made by ScoMo ,is a change of attitude in treating the economy post COVID-19.He's seen the hurt inflicted on people, it's on the new every night.