‘Deteriorating fast’: Budget to have $143.9 billion worth of losses over next four years

[@Stoic_SunHounds]

Every Labor party has done this to Australia

[@rodsloane706]

That's true. Even Hawke and Keating. Apart from Albanese & his lot (the worst so far), Gough was in the same pot &, like Albanese & Wong, doing all sorts of damage to our US alliance.

[@linmal2242]

@@rodsloane706 Spot on mate !

[@Waynothebrute]

@@rodsloane706 It would not matter what the ALP did or who, you would still be whinging, it’s in yu DNA.

[@damo7722]

2 wings of the same vulture, vote the majors out

[@StevenLeach-d3g]

Exactly

[@user-rf2el4gh5d]

Albanese now wants his hands on the Australian Future Fund. NO WAY HANDS OFF YOU CROOKS.

[@tallboy49]

They are desperate so they have to get money from somewhere . If this rabble stays in power Australia will not need a future fund as there will be no future.

[@alexpalmer776]

Get rid of ABC 2 billion, reduce Canberra Federal employees by 1,000, reduce Federal government employees by 4,000. Reduce excise tax on diesel by 10%.

[@michaellazarevski5614]

100% and some

[@SueNicholls-95]

Spot on 👍👍👍👍👍

[@voxac30withstrat]

Dont forget cut Vic pollies pay by half and the national debt would get paid off.

[@dxer22000]

hard to believe the gov is giving another $83M to the ABC on top of the $1.3B its already costing us!

[@kenlewis2353]

needs to go

[@jarrodpage8200]

Child care and yet parents are eligible earning up to half a mill per year, what a joke

[@trevorjohnston9504]

chalmers thinking is like the dog would have caught the rabbit if it didn't stop for a shit

[@easyz6654]

Cut all subsidies to renewables and make them stand on their own two feet. Also get the true worth of our resources instead of practically giving them away. That would be a good start.

[@elizt5184]

Build coalfire stations we have so much cheaper than renewables and nuclear

[@atomickidd1]

How the hell can we the Australian people allow this questionable government to continue being in charge when its policies are increasingly, contributing to a disaster which continues to worsen - ie a ongoing loss over the next 4 years. ALP governments have inflicted so much damage that this country's security is also under a cloud. This questionable Prime Minister wants a bigger country via increasing immigration but the cost to this country could end being non-repairable.

[@crowsfan691]

Because he bribed people with cheap childcare.

[@bdawg3942]

Australians will just do as they are told! 🐑

[@rodsloane706]

​@@bdawg3942Correct. Under Comrades Albanese, Wong & Burke.

[@linmal2242]

The Defense of Australia will become more important than propping up the house bubble soon ! They will pull the rug on property speculators when that happens !

[@ZELJKO472]

Australians too busy watching sport and reality TV and the 🎪 circuses are on.

[@strategicviewpoint6672]

Ha, Ha, Ha ten years before a surplus. Not a chance in Hell.....

[@guymoschella2387]

If Chalmers and Albanese said there was a surplus why did the RBA increase interest rates Liebor full of bull shit . Albanese will go down in Australia history as Australia’s greatest gutless Machiavellian. And let’s get it straight he’s NO F Italian his old man? migrated to southern Italy from Albania.

[@Cobber2023]

What Surplus??? 🤔

[@mistersmacky]

Just scrap the NDIS, that should take care of most of it. For a little bit more in savings they could also scrap the ABC.

[@davo4544]

Scrap the NDIS and hundreds of thousands of migrants will flee the country and leave their debts behind.

[@Robert-xs2mv]

Reduce the $70+ billion dollar government payroll!

[@StevenMilne-sm4fk]

Not hard, won’t be done however 😉

[@lynscott1489]

At last wondering why Bill is leaving? Should it cost $1000 to service a manual wheel chair?.the people that need it most aren't getting it.

[@rodsloane706]

Flog the ABC off to the market! No more encumbrance then on the much dudded taxpayer. Williams, now, seems entirely the wrong fit to fix the problem there. He's firmly, now, a big part of THE problem at the ABC.

[@chrisg8321]

Scrap NDIS It wasn't needed before as we already had safety-nets in place for people who needed it. All it is, is a means for grift and fraud

[@kirkc4696]

Yes. I see examples of the fraud across the small town I live in. The NDIS has also contributed to a changing mentality which says, " I am owed!" I acknowledge its use for the really handicapped people who do need it, but there are a lot who don't but still claim it!

[@chrisg8321]

@kirkc4696 Exactly. I have been diagnosed with a disablity, so could join the gravy-train... But rather than leech off the system, I prefer to work (employing hardwork to overcome any difficulties my disability may cause)... Working gives everyone a sense of self and purpose.

[@fifitrixibelle9279]

We’ve just built an NDIS house for a client, we’re builders.. he will get $150k from the government in rent Per year.. after all expenses as a landlord is paid he estimates that will give him $80k profit per year, so he wants do build two more and he never has to work another day in his life.. he’ll have an income $240k with three rentals.. hubby and I have discussed doing the same thing and get out of construction.. NDIS BIGGEST CONJOB AROUND..

[@Waynothebrute]

@@chrisg8321 It doesn’t need to be scrapped, It needs to be tightened up.

[@davefoord1259]

@@chrisg8321 good on you. We need that to be the attitude everyone has and giving out money for nothing isnt the way. It just teaches people that doing the wrong thing pays.

[@mckenziehellenann]

Just spend more..sure that will fix the problem. Dumbest Treasurer ever..😢

[@Waynothebrute]

2 Surpluses!

[@tallboy49]

Dunno about the dumbest, there has been a lot of Labour treasurers who could give him a good run for his title.

[@Martinoconnor-du6lc]

@@Waynothebrute rubbery figures.

[@Waynothebrute]

@@Martinoconnor-du6lcThe truth always hurts you guys.

[@Martinoconnor-du6lc]

@@Waynothebrute it's bullshi t and you know it.

[@mudgut69]

Surely even the Labor supporters can see the problem? Surely?

[@Waynothebrute]

The Agenda is always by Sky, biased and unbalanced.

[@Waynothebrute]

@@mudgut69 What’s the problem? Tell me mudgut.

[@veronikaowen]

Billions in debt ALL OF LABORS MAKING

[@Waynothebrute]

@@veronikaowen FEAR! Is your weapon.

[@veronikaowen]

@ what FEAR it’s reality

[@Waynothebrute]

@@veronikaowenWhat, no debt under the LNP. You’re joking.

[@veronikaowen]

@ no not joking

[@Waynothebrute]

@@veronikaowen Lies might be your weapon then. Cheers.

[@scrooge1970]

Imagine the damage another term of Labor / Greens would do to this once great Country.

[@davidd1492]

Don't need another term, the damage is already done.

[@Waynothebrute]

@@davidd1492Rubbish, mountains out of moles.

[@rissole7229]

FFS, boot these clowns out before they bankrupt this country. Labor has never, and will never manage our money responsibly. When they run out of money they'll come after yours.

[@romeomifsud9124]

This Government should stop spending money especially when it's not there to spend and do what everyone else is doing saving

[@perpelflameandcompany]

10 years? TEN YEARS!!!!! TENNNNNNNNNN YEARSSSSS - Just let that sink in, everyone...

[@Tallus-on9xx]

Yep 10 years for the coalition to stay in power to get the first lot of nuclear built.

[@knight2425]

And if they were to get that they would still claim everything isn’t their fault!

[@bloodpagan8688]

They have always said ten years worth... Not new, people choose to walk in with eyes wide shut, now we all suffer

[@Waynothebrute]

@@bloodpagan8688Who’s we, all suffer?

[@RichardCook-q5s]

Vote One Nation.

[@theend9494]

the worlds richest poorest country

[@Poorlineforeva]

For some unknown reason.

[@Toadie-t9u]

​@@Poorlineforevahave a quick look who is in parliament and pretending to govern! Full of self serving grifters!

[@MammaBear-xp7ur]

Unfortunately Pauline won’t ever win. Not enough people willing to vote for her as the media have tarnished her as a racist. We know it’s BS, but mud does stick unfortunately.

[@letsgetreal-df7pu]

Definitely the current and the other side have NOT advanced Australia in 40 Years have they !

[@adriantamplin5592]

No more increases to the pension, dole, job seeker, and get rid of the ndis and no more pay increases to bloody pollies, why did he just put 2 more on the rba when she got 400 g extra.

[@johncervoni1115]

So much taxes I am a small business it's not working Jim

[@paulroberts665]

We need to invest in more egg baskets not from China

[@JuneCahill]

Chalmers telling everyone how good everyone’s doing no one can pay their mortgage, by groceries pay their rent right for the rich politicians

[@Waynothebrute]

@@JuneCahill No One?

[@johncervoni1115]

Cut the taxes is going to help people that work hard

[@leewilton5082]

The criminal incompetence of this, and our past government 'leaders' is astounding. We need to wake up and start demanding a new direction. If they cannot/will not provide this, then time to make major changes to our representatives. Start to look at other parties; go to election meetings and question, ask lots of questions. Demand that they perform for us. Not their special interest groups and corporate sponsors.

[@KF-bj3ce]

There will be some pain in the future to pay for this.

[@Waynothebrute]

Rubbish, fear, fear, fear. That’s what you rely on.

[@johnobeid67]

@@Waynothebruteyou are delusional.

[@Waynothebrute]

@@johnobeid67 I know who is, not me.

[@Beanerds]

There is already PAIN !

[@lydia3098]

Get ready for more taxes. They won't say it, but they WILL do it.

[@Waynothebrute]

@@lydia3098 Your Opinion only, like this channel.

[@rickbart1]

Two things certain in life, death and more taxes

[@DavidLockett-x4b]

I am an age pensioner and the government keep on throwing money at me, unfortunately however I now have nothing to spend it on. They never did this when I was young and could have used it to help feed my children. Possibly, one day we will wake up and get bored with playing this democracy game.

[@johncervoni1115]

Worst government ever

[@danieltynan5301]

Especially given the easy solutions...... They are off in fairy land....

[@andreamusacchio]

Well, start getting the multinationals and the miners (gas, coal and anything else) to pay taxes in Australia on the true amount they should declare!

[@userjoe4321]

The mining sector propped up this hopeless government.... without the mining tax bonanza they are exposed.

[@vmura]

these people are destroying this nation.

[@njclsx4252]

Labor struggles to turn on a calculator, and it will never change

[@barraabus]

Isn't it funny, how so many know what the problems are. yet none of those problems ever seem to get addressed.As the saying goes,, " If you do nothing, nothing happens."

[@Waynothebrute]

The problems are with the opposition making up problems that aren’t there.

[@paulschimmel1099]

The only tax cut I've seen is the cut in my tax return... Dr Jim the Joke💩🤡

[@DJ-yj1vg]

Labor always spends more than it gets -> more tax, more debt or cuts to other programs. Basic maths.

[@user-tq4zm9yr6l]

Can’t believe Jim said that immigration hasn’t increased it’s just that no one left.

[@stuartthompson7102]

All Labour does is Blame everyone else.

[@Waynothebrute]

I think the opposition is much better at blaming and lying.

[@digger1900]

Charmers has no idea. Smoke and mirrors. Compensating is just another tax on the taxpayers.

[@AnchorsAweighNarooma]

We will go through another government saving for Labors give aways, blame the new government for all the cuts to get us back to the black. Then because we did not like the cuts we will vote Labor back in again and so the cycle goes around and around.

[@SueNicholls-95]

It's been that way for years. Labor always stuff up the economy and leave deficits. It takes the coalition their first term to get the country back on track, second term to put us in surplus and then the idiots go and re-elect the Labor clowns.

[@helen_3757]

An extra $18bn in taxes from this government, which is ridiculously high.

[@AsserRautio-kg5tp]

The political paradox for Albo and Chalmers it is great spruik budget surplus but not so great when Budget deficit occurs under your government!!

[@Waynothebrute]

@@AsserRautio-kg5tp like nine successive years under LNP

[@sigmister]

After spending all that money on the absolute useless VOICE I new we will NOT have a surplus. My grandson would do a better job in running the country. They got to go and the faster the better .

[@tallboy49]

Every one forgets about the money the coalition pumped in to the economy during covid to stop businesses going broke and to individuals to help with their spending. This is the reason the coalition had a large deficit but the Labour party conveniently forgets about these monies which the agreed to be spent when they were in opposition. The treasurer will spin as many lies as he can to try and make the Labour government look like great managers. The people of Australia are not that stupid. Or are they.

[@Waynothebrute]

@@tallboy49 You are correct tallboy and that is why the inflation was above 6% due to Covid and yes the LNP did pump heaps into the economy, and yes interest rates were on the rise, and I don’t blame the LNP for any of it. But just because there is a change in Government, you don’t just hit the start button and reset. It is now this Governments job to get things back in order and it will be a long slog. Regardless of what you say they doing well under these circumstances.

[@Waynothebrute]

@@tallboy49 Well, I replied with some good stuff about the LNP, unusual for me. But got deleted. So there you go.

[@revalationrevaltion9291]

10 years my asssss there won't be humans left f sake

[@bernie9150]

How about these corporation's pay for our the gas that government is giving away ? And how about that these corporation's and mining companies pay tax for all the resources there helping there selves too !

[@SaraGordong]

Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024

[@AlbertaColemanh]

I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K weekly has been really helpful. I can now give back to the locals in my community and also support Charity Organizations.

[@SaraGordong]

wow this awesome I'm 47 and have been looking for ways to be successful, please how??

[@John565-y7x]

It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus.

[@jmcham1000]

Maybe Jim the magic economic predictor tell us what the the winning numbers will be for Powerball

[@Damo1234Arn]

And we think this is correct? Double it for the true number Leverage Labour

[@helen_3757]

Hang around for 10 years to get the budget back on track, who is Jimmy kidding.

[@waynetyrie7066]

Where’s Howard & Costello…? Ask them some advice before this mob drive us broke!

[@paulomendonca476]

This was coming. We voted for Labor this is what we get. This government will put the economy in a black hole, and we will continue paying for the mistakes, bloody heel how long do we have to support them 😮cannot continue leaving like this 😢.

[@helen_3757]

MAGA. Make Albo Go Away.

[@johnmancini4700]

And they continue to believe they are doing a fantastic job! If it were private or family businesses, they would managed out or terminated. But labour rewards poor performance at state and federal level.

[@Robert-xs2mv]

In order to get rid of bracket creep just make the tax brackets as multiples of the minimum wage!

[@MrDynasport]

Ross Greenwood conveniently didn't talk about the weak Australian peso.I can recall him stating the $A " is back baby " Where's it gone now?

[@aaronmoffatt4771]

When you promise pay rises and money for e dry thing and then realise you don’t have the money labor economics .never had a real job

[@johncervoni1115]

We need change asap

[@mightyblues7]

Labor can't manage money, why should any one be surprised. The Treasurer Jim Chalmers doesn't even have a degree in Finance or Finance Minister Katy Gallagher.

[@helen_3757]

$47bn in increased income tax to the government coffers, thanks Jimmy.

[@acotrel1]

didn't the LNP leave a 3 trillion dpllar debt for Labor ?

[@mudgut69]

Covid says hi. It was a global contagion. This is very different.

[@damiengoss8382]

Australian’s are over taxed.

[@DavidYule-c4l]

Well,well,well. Another Hard Labor wastefull spend,spend, spend budget. Just like they have learnt from Victoria. Tighten the belt Greasy Albosleazy and Charmless, Chalmers. Get some balls for a change.

[@sigmister]

And a little brain and common sense. 😂

[@Waynothebrute]

@@DavidYule-c4l If they didn’t spend you would call them out as well. It’s called No Win.

[@Kuuga-fo1lw]

So ... really its over 300 Million losses then.

[@terrymorey404]

Charlmers is just a useless snake charmer

[@johncervoni1115]

Hope less jim

[@user-tq4zm9yr6l]

I can see Jim increasing the GST

[@Waynothebrute]

Another scare campaign coming up.

[@fstop9466]

Where's the accountability? Or for that matter an accountant. Chalmers isn't one he has a Doctorate in Political Science.

[@littletony1764]

Under Labor Australians are worse off and now heading for a Depression.

[@johncervoni1115]

Pay roll taxessssss

[@cherylwellham3786]

Thst's a state tax. Totally agree though. I am a medium business owner and pay payroll tax...so unfair. Instead of incentivising business owners to employ more, we are penalised. Go figure.

[@deniseorourke7235]

It makes you sick 🤢 every Aussie is paying through their nose while charmers spends our money like water people are losing homes and businesses and for what a few dollars in their pocket

[@helen_3757]

Jimmy has spent umpteen billions on renewables when he should be reducing spending. His spending is inflationary when it should be contranctionary.

[@BlackBeastsofIpswich]

Can we deduct that out of politicians wages and superannuation for the perceived future until paid back in full?

[@jimdavid7710]

I can’t watch Chalmers, indeed any of them in the front bench, I’ve switched-off, I just don’t believe them. I don’t believe them, with all that they’ve said & done, that they have the countries best interests in mind.

[@elizt5184]

How about getting rid of gst thats such a govt rort by all parties

[@bdawg3942]

You all wanted too hide with ya hands out 🤲

[@chuckh5999]

Statistics, statistics, projections, projections. Hell where is that crystal ball? Inept, incompetent and diddled.

[@anomadhunter]

Scrap NDIS, privatise the ABC.

[@voxac30withstrat]

Happy to be corrected but weren't we told this year that the budget was in the black? And make Albo pay back the $70 million spend upgrading the road to his waterfront mansion

[@TruthWarrior1]

Labor is the good times government. They can only govern during the good times.

[@WildoneF3]

There's a hole in your budget dear Labor dear Labor hahaha guess the election commercial was true

[@Blong52]

And indigenous payouts and nds

[@Damo1234Arn]

We all do realise this will impact cost of living? Money they don’t have has a cause and effect…. So your costs increase Your wage doesn’t The dollar you have today is worth much less in 4 years Buy them assets

[@usaborn9894]

Pocket change we just gave 150 billion to a country we don't even like and let NC suffer stop whining 😊

[@johndang55]

Can you explain? What country was this?

[@glennmurray.]

@@usaborn9894And what Country would that be ?

[@usaborn9894]

@glennmurray. Ukraine

[@actualfacts1055]

Too many overpaid public servants obviously.

[@suphanna23]

tax tax tax tax !

[@contsiolis1998]

I wonder if the sharpest tools in the shed at the RBA have taken the latest data in their forecasting… M Bullock reckons we are doing ok.

[@Zed483]

M.A.L.S Make Australia Less Sh+t ! Vote 1 Nation !!

[@adrianw7011]

Looking forward to when Chalmers and his colleagues are booted so we can start the repairs. Decades of damage caused by this bunch of morons in 3 years.

[@SKITZO_001]

Look at the flags, the Australian flag is hidden!!!

[@jeremytai8998]

Smells of Enron.

[@Glenis-qc1hz]

charge tax and royalties on our energy exports. game over. But no, neither major party will do this. Why corporate sponsors and the possibility of a very well paid job. so you can put your spin on it but we as country have been going backwards for the 40 odd years. Rich have got richer and the average person poorer. house wives are beside themselves trying to put food on the table.So guys don't vote for either of them and make your vote count else where.

[@elizt5184]

We need Xavier Milei Argentinas newly elected president in a year he has already brought them out of debt and he cut that many depts govt depts need to stop spending too many on the public purse too many handouts cut govt build coal fire stations cheapest form of energy git rid of gst thats a rort by govt as well

[@Cobber2023]

Sorry Ross but they have not delivered a real surplus lol the last person to do that was John Howard. 👍

[@Waynothebrute]

Says who?

[@SteveAvidius]

Afuera.

[@VK4VO]

The end is nigh, total collapse

[@Waynothebrute]

FEAR!

[@davidapswoude3259]

Jimbo Chalmers-Paul Keating fanboyNOW HAS TO STOP SPENDING & PRINTING.

[@leinam4164]

Rent crisis

[@will_274]

Net zero will save us 😃

[@tobyargall8202]

All by design.

[@Waynothebrute]

The catch praise means, I don’t know what to say.

[@helen_3757]

Jimmy has lost control of this economy.

[@Waynothebrute]

@@helen_3757 No he hasn’t! 2 surpluses!

[@Waynothebrute]

No he hasn’t.