Jim Chalmers expected to ‘spend every single cent’ of ‘Jimbonomics’ budget surplus
Nationals MP Keith Pitt has warned the result of “Jimbonomics” in the upcoming federal budget “directly impacts every single mortgage holder” in Australia.
“Mr Chalmers has to be far more careful and more cautious with the taxpayers’ money and because they can definitely impact what happens with the RBA and the next decision on interest rates,” he told Sky News host Danica De Giorgio.
“That will have a very substantial impact on inflation.
“We are foreseeing lots of reports from economists and others that inflation continues to be ticking up and out of control.”
Mr Pitt said his main worry is Treasurer Jim Chalmers “will spend every single cent of what is an absolute boom in additional taxpayer revenue and additional revenue from the resources sector”.
I will never vote for Labor.
Rip Off the taxpayers in other words
You made 304 billions just in income tax. Which was the heights in the world. Plus, hundreds of billions GST and energy exports ,SHOW US THE MONEY WERE DID IT ALL GO. Librals won't challenge and ask questions because they are afraid that in the future, they will be adked the same . We are swimming in corruption.
You know what a budget is yeah? Lol. Its shown every year where the money goes
@binmcbin1890 Not the billions in "off budget" spending, it doesn't.
Bowen has botched every portfolio that he’s had - when he was immigration minister / 1200 men women and children died off the North West Coast
Cooked books😂😂😂
Bonza living the dream😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Thank your government. ⚰️ are cheap rental solutions for Aussies 🇦🇺 wide... St.Thomas
Jimbonics, makes it sound like he has a brain. Sorry Jim has three pages in his economics book. Each page has one word in 90 font. TAX, TAX , TAX.
Gas & Oil is Self Replenishing and Not a Limited Fossil Fuel. It will never run out, that's why the world has so much supply of it.
After leaving Australia with a trillion dollar deficit, the highest recorded why should we have any confidence that the coalition or Pitt have any clue whatsoever. Chalmers far more astute than that.
Need to get your figures right on a trillion dollars. So stop spreading lies seen how much Labor has spent in there 2yrs it's astounding and they have not had to deal with covid wake up Labor 🤡
Half of that is attributable to the Rudd-Gillard-Rudd government.
Grimbonomics
Albo-villes: Australia's answer to the Hoover-villes of depression-era America.
Bowen needs to put on lipsticks and be albosleezy boyfriend.