https://www.thenewdaily.com.au/finance/2024/12/02/alan-kohler-rba
@alankohler.bsky.social unpacks the RBA’s objectives wrt inflation and their new disconnect with the “prosperity and welfare of the Australian people”. A disconnect that sees #employment manipulation in order to keep inflation down. 😠 A must read. #auspol
@alankohler.bsky.social unpacks the RBA’s objectives wrt inflation and their new disconnect with the “prosperity and welfare of the Australian people”. A disconnect that sees #employment manipulation in order to keep inflation down. 😠 A must read. #auspol
Comments
I’m looking for work and working hard on self improvement and studying. I struggle each and every week as the unemployment benefit doesn’t keep up with the #costofliving. #RaiseTheRate #auspol #WorkWanted #EnoughToLive
https://bsky.app/profile/kittylitter.bsky.social/post/3lc7ca633wc2l
eg AP Moller Maersk AS
2020 Revenue USD39.7B PBT USD3.3B
2021 Revenue USD61.8B PBT USD18.7B
2022 Revenue USD81.5B PBT USD30.2B
2023 Revenue USD51.1B PBT USD4.4B
& Banks as producers increased inventory
spent a good amount of time talking about it on twitter over the last year https://www.rba.gov.au/speeches/2023/sp-dg-2023-06-20.html
decent amount of long term unemployed(some of whom I know personally) also got back in the jobs market, youth employment highest its been since 08
https://www.rba.gov.au/speeches/2024/sp-so-2024-02-13.html
Who would have guessed?
#RaiseTheRate
Or restrictions on only 1 investment property.
No need for endless talks with zero action.