The strong employment growth means there are 75,000 more people in work than before the pandemic struck, Mr Frydenberg said, with job advertisements also running at record levels.
“The structural spends are in aged care and mental health ... but we haven’t undermined the structural integrity of the budget.The budget will include an official forecast for unemployment to fall below 5 per cent, in line withbefore any move to cut spending. “Household spending, dwelling investment and exports have all contributed to the snap back in activity,” the RBA said in its statement on monetary policy. It noted the unemployment rate had dropped to 5.6 per cent.
Labor treasury spokesman Jim Chalmers said the economic recovery would be stronger if the government had not “bungled” the vaccine rollout, which is behind the targets the government set at the start of the year.
CroweDM Whats with the Tinder photo?
CroweDM What’s being done about the unmentionable? The fact that unemployment rates don’t reflect employment rate of full time jobs? So many casuals looking for more hours Plus the split on demographics - dreadful for the under 30’s, appalling for the over 60’s
CroweDM So it will go to people delivering programs? Such a racket
CroweDM When are we going to have a real discussion about how FiAT financial system is not correlated to human metabolism since 1971. Cmon let’s talk about that. Then let’s talk about real money like Gold and Bitcoin. That’s the real debate
CroweDM So after underspending by participants in the NDIS underpinned the last two budgets, now they underfund it and give half a billion to aged care and the rest to training programs. The NDIS is funded through a levy that is now used to balance federal budgets rather than taxation.
jurylady5 CroweDM It will be a triumph of sleaze over substance
CroweDM JoshieFromAccounts is more concerned about his seat than he is about the budget.
CroweDM a decrease in the pension age giving those on jobseeker a chance to get off it & have a little extra to spend (4 the economy) & not clog up the jobnetworks & not have the govt waste taxpayers money on those jobnetworks, plus reducing the unemployment Nos ReduceThePensionAgeTo60
CroweDM Pigs will fly, Joshua!
CroweDM JoshFromUnAccountables sharpens his coloured pencils in preparation of the coloured spreadsheets with the pie graphs circles & arrows … yay 🤦🏻♂️
CroweDM Nothing they did helped. It was just a sky rocketing price of Iron ore which I fully expect Scummo to hold in Parliament shortly
CroweDM 8 years of this incompetent corrupt government We need an election urgently
CroweDM Thanks to 3 fold increase in iron ore price and raiding super accounts...
CroweDM Iron ore is delivering
Health Health Latest News, Health Health Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: theage - 🏆 8. / 77 Read more »
Source: 9NewsAUS - 🏆 10. / 72 Read more »