Buried in a seemingly dry report on fertility rates was a confession that Josh Frydenberg’s 2019 Budget forecasts were based on spin, writes Michael Pascoe. Source: Government fesses up (very quietly) to 2019 Budget bungle
Coalition tax cuts blasted by former Reserve Bank boss in new ad campaign | Australia news | The Guardian
Source: Coalition tax cuts blasted by former Reserve Bank boss in new ad campaign | Australia news | The Guardian
Jim Chalmers says two-thirds of the debt in the budget was borrowed before the start of the pandemic. Is he correct? – ABC News
Source: Jim Chalmers says two-thirds of the debt in the budget was borrowed before the start of the pandemic. Is he correct? – ABC News The Australian Liberal party are economically incompetent
Source: The Government’s economic update takes wild stabs at what will happen next – ABC News Economic incompetence of the Australian conservatives is shocking
Gas ‘completely dominated’ discussion about Covid-19 recovery, commission adviser says | Environment | The Guardian
gas had “completely dominated” taskforce discussions, while renewable energy played a much smaller role. Source: Gas ‘completely dominated’ discussion about Covid-19 recovery, commission adviser says | Environment | The Guardian fossil fuel industry corrupting our recovery process.
Ms Hutley, a partner at Deloitte Access Economics, is concerned about the looming expiry date of the programs, linked to a “six-month” lifespan rather than specific need. “The economy is going to take a bit of a hit if this all comes off … a substantial hit, if this all comes off in one day,” …
Source: How economists rode maths to become our era’s astrologers | Aeon Essays
Source: It’s official: Economy was weak before the COVID-19 crisis Because the numpties in charge are horrible at economic management to the point of being economic vandals.
Some think Australia’s is spending billions in a “wasteful splurge on old-timers who were going to die sometime soon anyway”. But it has Australia well placed to cautiously remove coronavirus restrictions while protecting lives, writes political editor Andrew Probyn. Source: Granny-killer metrics don’t add up in Australia’s costly coronavirus battle – ABC News F’tards: money …
Europe’s first national, government-backed basic income experiment did not do much to encourage recipients into work but did improve their mental wellbeing, confidence and life satisfaction, according to the first big study of a Finnish scheme that has attracted fresh interest in the coronavirus outbreak. Source: Finnish basic income pilot improved wellbeing, study finds | …