This model tipped the last 2 elections. It’s pointing to a Coalition win
This election will be won by the Coalition and Prime Minister Scott Morrison if the economic models perform as expected – and they usually do.
This election will be won by the Coalition and Prime Minister Scott Morrison if the economic models perform as expected – and they usually do.
Offered a menu of issues to choose from as the most important in the May 21 election, Australia’s top economists have overwhelmingly zeroed in on one.
One of the strangest, certainly one of the hardest to justify, measures in last week’s budget was called “supporting retirees”.
A better title would have been “supercharging the wealth of those retirees who already have more than enough to live on”.
Wes Mountain/The Conversation, CC BY-ND
Overwhelmingly, Australia’s top economists would rather the budget funds measures to cut carbon emissions than cuts income tax or company tax.
They are also dead against rumoured cuts to petrol tax and the tax on beer.
The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it.
Cutting petrol tax to bring down the cost of living used to be the political version of a joke. Failed US presidential candidates John McCain and Hillary Clinton both tried it in 2008.
The West is arraying financial weapons never deployed before against a country of Russia’s size, forsaking some of the principles that have defined it.