Reserve Bank Governor Michelle Bullock says ‘productivity is doing nothing.’ She is absolutely and totally wrong. Productivity is doing great. The discredited productivity formula is doing nothing. Here are nine pictures to show this, illustrated in colour so even One Nation senators can follow.

For the 6 Coalition years 2016 to 2022, interest rates were below 1.51%. The term deposit rate fell to 0.3%, giving savers with $1,000,000 in the bank an income of $3,000 pa, forcing many senior folks into poverty. Now rates are at the near-ideal 4.6% the liars in the media slam this as ‘vandalism’.

"Australia’s household wealth increased to a record $19.4 trillion, snuffing out any doubts about the economy. "Naturally, that and the other positive news this week sent the newsrooms into a frenzy of activity to prove that Albanese must be sacked immediately.” Please read, like and share. Thanks.

“Academics worldwide describe using GDP per capita to prove anything as “stupidity”. Better measures to track affluence are available. “We could start with imports of fine chocolate which rise during booms and decline during recessions. We might call this the Ferrero index.” Please read & share.

Only once has Australia achieved these four outcomes: inflation, the jobless and interest rates below 4.6%, and GDP growth above 2.0%. That was in the fiscal year ended in June 2026. By falsifying their reports on the economy Australia’s newsrooms are the main cause of collapsing social cohesion.

Richard Denniss sounds compelling when he says: “Builders have to pay for bricks, bakers must pay for flour. The gas industry should have to pay for gas.” The flaw in that logic is that Australians have not spent one cent to provide the gas the companies are exporting. Please read, like and share.

ABS head of business statistics Tom Lay said the surge in household spending is ‘driven by discretionary categories such as alcoholic drinks and tobacco, recreation and culture, and hotels, cafes and restaurants.’ This is forcing newsrooms to abandon their lie that quality of life is declining.”

Australia’s GDP growth now ranks equal 7th among advanced economies. That’s up from 21st in 2019 under the incompetent Coalition. On overall budget balance, Australia now ranks 13th, up from dead last in 2019! Australia’s spending now ranks an impressive fifth. Please read, like and share. Thanks.