Deputy governor Andrew Hauser likened Australia’s economy to a racehorse ready to sprint — but beneath the rhetoric lies stagnating productivity, rising business closures, and jockeys that keeps flogging the same tired mount.
Tagged: Inflation
Rampant Miles government spending is keeping inflation high and putting Queensland on unsustainable debt path: new report
Miles Government cost-of-living relief measures are fuelling inflation and forcing Queenslanders to endure higher interest rates for longer.
Government spends the smash and grab TattsLotto windfall from coal royalties to win the next election
The best predictor of future performance is past performance, and we’ve now had 9 years since Labor came to government in each of which the financial situation of the state has deteriorated.
Interest rates go up faster than house prices decline
Despite interest rate rises, house prices have retained most of their value, which has led to a decrease in housing affordability across Australia.
