The Albanese government’s first budget, released in October 2022, forecasts net overseas migration of 470,000 over its first two financial years (2022-23 and 2023-24). They delivered more than double this number, with 1,060,000 net migrants arriving over nine quarters to Q3 2024. The May 2024 federal budget forecast net overseas migration of 260,000 for this
IMAGINE YOU’RE A BRAND NEW YOUNG ADULT WHO HAS JUST BEEN GIVEN A WEAPON: THE RIGHT TO VOTE. In Australia, it’s also an obligation.
Roy Morgan Research has released polling, taken before Tuesday’s federal budget, showing that Labor (53%) has gained a strong lead over the Coalition (47%) on a two-party preferred basis. “If a Federal Election were held now, the ALP would be returned to Government with an increased majority with the ALP”, Roy Morgan reported. Roy Morgan’s
In just a few short days, Donald Trump, Elon Musk, and their most obsequious supporters attempted to shift from America First to Empire First in a shocking rebranding of globalism that would make transnational institutions like the World Economic Forum, Council on Foreign Relations, and Bilderberg Group proud.
Labor handed down the ultimate pre-election pork-barreling budget, promising workers two more rounds of tax cuts and increasing expenditure in what will be the largest budget deficit since the pandemic. Major announcements included: a $17.1 billion package of income tax cuts (over five years); an $8.4 billion boost to Medicare; a $1.8 billion extension of
Prosper Australia urges the government to embrace real reform that ensures prosperity is shared by all.
Not much action across Asian stock markets although offshore Chinese markets are feeling the pinch while mainland shares are unchanged as are the satellite Australian local stocks which have tread water again. The USD is also largely unchanged against the major currency pairs while the Australian dollar is failing to get back above the 63
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