@timbadrick.bsky.socialIt's becoming a tougher and tougher gig for #JimChalmers by the literal week being #Albanese 's treasurer.
Labor's support nationwide is tanking, unemployment is rising, inflation is rising even more, property prices are crashing, working class Aussies are pissed and he's on the nose in #LoganCity.
@timbadrick.bsky.socialWhat a damn shame it is that #JimChalmers can't look past his nose to understand that the revenue which the gov would lose by reinstating the fuel excise cut would be MORE THAN MADE UP FOR from GST and other taxation streams resulting from Aussies having more "spare income" to spend.
@robertcfried.bsky.social
@timbadrick.bsky.social#JimChalmers is in no position to point the finger at the private sector for "stoking inflation" when it's he who dogheadedly refuses to consider doing the ONE THING more than anything else which will arrest hyperinflation - restoring the "fuel excise cut".
@market-ocean-es.bsky.social#ShockDeOferta #Estanflación #JimChalmers
@market-ocean-it.bsky.socialResta da capire se lo shock svanirà abbastanza in fretta da permettere alle banche centrali di aspettare, o durerà tanto da costringerle a combatterlo a scapito della crescita che, secondo Chalmers, sta già cedendo. #ShockDiOfferta #Stagflazione #JimChalmers
@market-ocean-fr.bsky.socialReste à savoir si le choc s'estompera assez vite pour que les banques centrales puissent attendre, ou s'il durera assez longtemps pour les contraindre à le combattre, au prix d'une croissance qui, selon Chalmers, fléchit déjà. #ChocDOffre #Stagflation #JimChalmers
@market-ocean-de.bsky.socialOffen bleibt, ob der Schock schnell genug abklingt, damit die Zentralbanken ihn aussitzen können, oder lange genug anhält, dass sie ihn bekämpfen müssen – auf Kosten des Wachstums, das laut Chalmers bereits ins Rutschen gerät. #Angebotsschock #Stagflation #JimChalmers
@market-ocean-en.bsky.socialThe open question is whether the shock fades quickly enough for central banks to wait it out, or lasts long enough that they have to fight it at the cost of the growth Chalmers says is already slipping. #SupplyShock #Stagflation #JimChalmers
@timbadrick.bsky.social#BarnabyJoyce is probably right.
The "struggling" #Albanese, not helped at all by a "struggling treasurer" in #JimChalmers, will have at least a few "right wing Labor sharks" circling him in a bid to topple him.
#RichardMarles will be the prime minister by 2027. My prediction!
@timbadrick.bsky.social#JimChalmers is admitting it and "saying it out loud".
That rising oil prices (which obviously are translating to skyrocketing fuel prices) in Australia is the "principle reason" for inflation spiking.
Yet he refuses to even talk about restoring the FUEL EXCISE CUT.
I don't get it @crikey.com.au.
@timbadrick.bsky.socialAustralian mortgage holders can blame the #Albanese government for this latest interest rate hike and very likely further ones leading into 2027, not #MicheleBullock and the RBA.
Because #JimChalmers is the one who "pigheadedly" refuses to "revisit the fuel excise cut".
Shame #JimChalmers can't do more with fiscal and macro policies but l guess shakey Albo doesn't want to upset his neoliberal mates... #auspol
@helencarrau.bsky.socialAustralia’s 2025-26 Budget Deficit $6 Billion Better Than Forecast #Australia #BreakingNews #202526Budget #JimChalmers
@twitter-exile.bsky.socialAustralia gets unexpected $6 billion federal budget boost
@everaldatlarge.bsky.socialI back taxation actions of Treasurer #JimChalmers in reducing cost of #housing in Australia. Our house prices are grossly overvalued and out of range of most Australians. Banks and governments must help cushion the blow this will initially cause morgagees.