‘Inflation is still too high’: John Howard blasts government spending

Former Prime Minister John Howard has blasted the Albanese Labor government saying inflation is “still too high”.
“Interest rates are a reflection of economic conditions, domestically and internationally,” Mr Howard said during a media conference on Thursday.
“Inflation is still too high and that’s fuelled by government spending.”

[@hainesy67]

Possibly the greatest PM we have ever had

[@Pophead.]

How old is Howard now? All that power walking has done him good.

[@indiathylane2158]

Hasn't improved his sour disposition....

[@Pophead.]

Still as sharp as a whip though.

[@indiathylane2158]

@@Pophead. A grubby little man who helped keep Labor in power for 13 years because he refused to agree to stop stabbing Peacock in the back.

[@user-gw7dv1ru9w]

GOOD ON YOU JONNY HOWARD.

[@tamimrktz6966]

Inflation is only going to get worse as long as Albo is in.

[@MrPopo-nn7kp]

We are in the shit because of scomo.. albo is making it worse tho.

[@adamfrancis1228]

12 years as PM 4 years as treasurer

[@indiathylane2158]

As treasurer, lied about the deficit, so Hawke & Keating's platform was sabotaged before they were sworn in. Destroyed Admiral Barry's career. Acted with great vindictiveness on any charity that questioned his Thatcherite ways. Called an early election less than a day after opposition leader Latham left hospital...

[@andrewwickham4642]

@@adamfrancis1228 best part of his 85 years making sense

[@davehad-enough2369]

He's right. He wasn't always right but he';s right this time.

[@ChumpyChicken2]

I could listen to him all day! Such a good PM. He always had an answer to the press that was calculated and I felt safe with him in charge. He also treated the left like children which was brilliant.

[@indiathylane2158]

I know why you worship JH. He reject the RSPCA's requested increase in penalties for animal cruelty. That included stricter rules for keepers of chooks and harsher penalties for their abuse...

[@debrabeaupeurt1231]

The treasurer needs to go back to school if he thinks too much government spending is good for the economy

[@debbienunn7181]

John Howard was the best pm this country ever had never be Any other like him

[@lornatodd4750]

Dear god i miss John Howard's steady hand on our country.

[@user-gw7dv1ru9w]

THAT IS SO TRUE..PEOPLE FELT SECURE..THANKYOU FOR THAT COMMENT..❤😊

[@tanthaman]

He took guns Away

[@bullshitstomper9417]

He upped immigration from 75k to 200k GST Johnny locked up Pauline illegality and handed you all to them on a plate and they’re coming mate. They’re coming. No more privileged walking around feeling special just like Victoria champ

[@lloydsingline340]

Did you like it when ho took Australia to war on the lie of Saddam Hussein having weapons of mass destruction?How many Australians families suffered as a result of losing young people in that conflict? Bush,Blair and Howard should be before the ICC - is there any wonder Middle Easterners hate the west?

[@andrewwickham4642]

John Winston Howard was Australia’s best PM since Menzies and at 85 stellar years of age can still speak profoundly without notes, making more sense than any of today’s political oxygen thieving class…. I had the pleasure of meeting John on several occasions including a round chair discussion at a BBQ. John is an affable, sensible, intelligent, and defining Australian treasure of consequence in the past 5 decades. May John WISDOM Howard live long. A true Australian national treasure.

[@hainesy67]

@@andrewwickham4642 i put him above Menzies Mr Howard was hard but did what was right for our Country. As a young fella even i understood what was required back in his time. Sadly thatvsort of leadership has fallen by the wayside in todays politicians

[@andrewwickham4642]

@@hainesy67 Agreed… 👌

[@hainesy67]

@@andrewwickham4642 It's not about you or I. Its about our Country, sometimes lifes tough. Not like today where everybody expects good fortune to land in their laps. Sadly the Australia we knew has gone, I'm just an old bloke who fears for my grandchildrens future. Goodluck to you and yours think we gunna need it.

[@traviscarmel]

this guy now was our best by far got us a a +++ credit rating and killed our debt bring back howard

[@RobertSays]

He’s run out of assets to sell mate.

[@indiathylane2158]

Anyone can do that if they allow services to run down and starve.

[@indiathylane2158]

What was our debt in 1996 and what was it in 2007?

[@user-ge2xk6cs5b]

Mr Howard. I believe that you have been one of our best Prime Ministers ever. How do we clone you.

[@oldgolfer7435]

You probably think Trump is the epitome of love and truth also.

[@user-ge2xk6cs5b]

@@oldgolfer7435 Compared to WHO?? . Camilla (flip flop)Harris/Stumbles Biden ?? They make Trump look good.

[@petertyper1]

@@oldgolfer7435Trump is the man! Wish we had trump as Pm in Australia

[@strategicviewpoint6672]

Not surprised by high inflation, NDIS rorting and Aboriginal Industry rorting keeping government spending high......

[@hainesy67]

@@strategicviewpoint6672 you are correct Time our money was accounted for.

[@graycoin7271]

Charmers is weak and it shows when he is questioned on his failures.

[@jonathanchant6655]

They all are

[@MondoArtista.]

This is not inflation, it is a discharge of reserve guarantees in consumption, because the basis of investment is no longer in production, but in speculation...

[@vijayendranvijay457]

Worse than the inflation are the house prices and the price gorging by the companies who have monopolies on all the necessary products and services. Things cost way more than can be accounted for by inflation while wages are not keeping up.

[@jennymills3147]

Domestic inflation reflects Domestic monetary policy.

[@bullethead1953]

Supply and demand. Increased demand from immigration but supply of things like housing, food production, fuel etc has not increased. Cut government spending so government employees can work in the private sector and produce things of value, reduce energy costs and regulations to make our country more business friendly

[@CabelSenior]

What a machine! Bring him back!

[@Super_Mario128]

Yes I agree it is still too high.

[@downtoearth1950]

This started under howard by his deliberate suspension of wage increases for a decade 😢

[@hainesy67]

@@downtoearth1950 Get a grip He did what was needed to clear Australian debt. Hard decisions needed to be made to pull Australia out of the mess. If you want to blame somebody blame Bob Hawke, he sold Australia down the road.

[@downtoearth1950]

@@hainesy67 Howard sold All of Australia's gold reserves.....now that was selling Australia down the road❗

[@hainesy67]

@@downtoearth1950 I think you should go back a bit further for a look

[@user-qu9iy4sz9u]

You Are awesome..John Howard!! Best PM ever!!

[@abbeystump]

Last Prime Minister to put Australia First...

[@blackprince4074]

Except for his GUN BUY BACK. Legal gun owners persecuted.

[@abbeystump]

@@blackprince4074 Legal gun owners still have guns.

[@VK6AB-]

He's completely right. 50 basis point rise was required six months ago and is still needed now. Inflation in Q2 was still 3.8%, but it should be noted underlying key areas were often much higher e.g. services (4.5%), alcohol and tobacco (6.8%), housing (5.2%), rent (7.3%), health (5.7%), transport (4.6%), education (5.6%), insurance & financial services (6.4% vs 8.2%). We are well outside the 2% to 3% guideline and well outside that for many key areas important to most Australians e.g. Housing, Rent, Health and Education.

[@TheBlw86]

We need a government efficiency commission here in Australia.

[@AlfioSydney]

Howard is 85 and sharp as anything, Biden is 81 and can't dress himself.

[@antpoo]

That’s biology. You never know when it will turn against you.

[@dougcane4059]

Australian politicians must act in the interest of Australian citizens and NOT foreign corporations - otherwise they should be prosecuted for treason. The most notable Prime Minister who acted in the interests of Australian citizens was Gough Whitlam.

[@raymondfoster219]

Everytime labour take the controls, things go pearshape. remember those keeting times !!.

[@julesmarwell8023]

australia need Peter Costello. the best treasurer Australia ever had. Thank mister Howard. All of Australia is pleased to know YOU ARE DOING WELL. Thank you for your services.

[@indiathylane2158]

Prue Goward also thanked Howard for his services...

[@Nurii07]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@RAskieGames]

It's either we invest OR get rid of the Electoral College and let We the People of the United States of America choose our own leaders!

[@Tesora13]

Which unfortunately takes 2/3 of congressional support in each state in order to enact

[@juegop]

It would require a constitutional amendment, so it's more something to work towards than something likely to happen any time soon I will invest for the tomorrow.

[@schimmelreiter1990]

whomsoever created the Electorate College was a whimp, certainly. Haha just cash 70k from crypto 💯

[@FadiBilal-yd4gv]

RIGHT! Vote ALL Republicans out of office NOW and FOREVER! Bye-Bye Electoral College.

[@BernhardGolz]

Don't fuel inflation with Govt spending when your GST in 2000 did more and mortgage interest rates were more than 10%. Did you forget?

[@alancotterell9207]

Our current economic problems began when Menzies was elected by promising to end petrol rationing - NO AMBITION ! - Benalla has a new police station. It does not have a new tertiary college. What are we anticipating? If you were commencing university today, what would you study?

[@mikelaw9872]

it's easy for him to say anything because he is not in power.

[@DavidCunningham-dj5ck]

What a statesman!

[@lukehunts7880]

Coming from the guy that introduced negative gearing and halved the capital gains tax which sent our house prices soaring

[@PaulJames-v4c]

When Mr Howard talks, people should listen

[@countyorga764]

People did. He was booted in 2007.

[@Ride_on54]

These 🤡s in parliament now aren’t a patch on this bloke

[@StevenMilne-sm4fk]

He was a good money man.

[@jerrywong5960]

New migrants keep coming in. Up to the point that tax is not enough to cover the maintenance of infrastructure. The crime rate will go up. Then suddenly, a recession.

[@MullockHeap]

Our currency has only been floated for 34 years and it’s ALREADY cooked…….. That’s only possible through persistent and chronic mismanagement over time.

[@pieterwiffers3095]

Bring back haward and Tony and Costlo

[@DanielHeeney-m3b]

You where one of the better government's. It's not like that now Howard.

[@fatwombat2611]

The ponzi Australia economy needs to end but its gonna hurt now it's been running so long.

[@InfinityIsland2203]

Look who's talking. PM that introduced mass immigration in the first place and polluted Australian tax laws to favor unproductive property investment over productivity. He is simply lucky he rode the wave of commodity boom. Not that Albo is any better, worse even but nonetheless, don't think of this guy as some sort of hero just case he is retired now and has no consequences to what he tells us.

[@robertcampbell6521]

Inflation is here to stay government loves it because as long as prices are high tax revenue stays high

[@Deano00777]

Houses prices are too high, thanks to Mr Howard!

[@dandical]

How will the liberal party cut spending? Why aren’t they saying specifically what they will cut?

[@indoman8887]

I this the bloke who squandered billions from the late 1990’s to the mid 2000’s mining boom, on middle class welfare as a re-election strategy? Remember, the budget was in structural deficit when he left, after years of record government revenues.

[@buildmotosykletist1987]

Howard left a huge surplus.

[@cebuanagirl1591]

In 1996, the Howard government inherited $96 billion in debt and by 2007 had been completely paid off and hence, Australia had a budget surplus of $20 billion. A few years later after Labor came to office the $20 billion surplus was totally spent. Labor is only good at spending but hopeless in economic management. That is why I never vote Labor.

[@user-ne4pp5ju6q]

Total BS!

[@countyorga764]

​@@cebuanagirl1591Find someone who cares 😴.

[@buildmotosykletist1987]

@@countyorga764 : Aussies care, Howard made us the wealthiest people on the planet.

[@OU-qe5pp]

Put a sock in it Johnny, you were a terrible PM and who cares what you have to say 👎

[@bettymarshall2702]

He was the best prime minister Australia ever had. How would you know? Were you in nappies?

[@OU-qe5pp]

Don’t think so, sent Australians into a senseless war in Iraq based on lies, eroded Medicare, gave the richest people tax cuts and basically did nothing for aged care and people on the pension, just some of his greatest achievements 🤣 Typical Sky news supporter completely blind from reality 🤣

[@kerridaniels5406]

I agree Howard was the bestPM . Every time Labor are elected the country goes backwards ten years. ​@bettymarshall2702

[@SuperWarriour]

Just another politician living of the tax payer for life and contributed nothing . There all the same

[@vsboy2577]

Company profits don’t seem effected

[@cathychan2814]

You should have made abdicate your Prime Ministership to Peter Costello when you had the chance. To stop your greed we had to unseat you at Bennelong but by then it was too little too late, Australia lost a good treasurer and potentially a good PM. The Liberals lost another diamond in Julie Bishop. The good ones always leave first and what remains are rubbish.

[@indiathylane2158]

Costello could have rejuvenated the Libs. Many were pro-Republic and pro-Same Sex Marriage, issues Howard spurned to the party's cost. Costello could have led them into the 2000s, not Howard's 1950s. It would have been hard to win in 2007 regardless, but Costello could have reduced the loss of seats.

[@peterremkes9376]

I remember the time that interest rates went down under Howard and he took credit for it. But I also remember that interest rates went up later under Howard but then it was market forces that determined rate rises, not policies. Maybe ex-politicians should be seen but not heard anymore.

[@buildmotosykletist1987]

Interest rates are always higher under Labor.

[@buddyjgollan8726]

Yes what a great time to spend money when inflation is bloody high labor just keeps spending my favourite line from finding nemo is dory let’s keep swimming but if labor had a new tune it would be let’s keep spending until we are broke and then we eventually have to cut everything vital spending.the greens are no better they want to tax all those companies with a huge company tax so businesses will go overseas and bankrupt.

[@Captain33Amazing]

If I wanted to see pre-historic dinosaurs from a primitive and extinct past era I'd just go to the museum. Bad form Sky News.

[@RaymondSua-sh1xm]

Still got it Johnny 👍

[@garfield3443]

No one cares what Johnny has to say.

[@malcolmhector2641]

Only Labor supporters.

[@davehad-enough2369]

I do. He's a voice from the time Labor had interest rates at 18% with a recession and turned it around. Many people respect him for saving their homes and families.

[@user-gw7dv1ru9w]

YEAH THEY DO..

[@bullshitstomper9417]

IKR. He locked up Pauline jacked immigration from 75k to 200k GST Johnny criminal in plain sight

[@andrewferguson887]

Only ignorant people that think they know everything, he has a lot of experience, doesnt hurt to listen

[@ronfesta771]

Me thinketh., John.........who@?😉🤪😅

[@anitacohen8753]

Howard! Is he still alive? He should remember leaning on the RBA to keep interest rates spectacularly low! Even pensioners were being deemed more by Centrelink than they received in bank interest! No wonder they lost!!!!

[@grahamwhittaker8844]

Lest we forget 👁️👁️🦇💩🤪🤡

[@christempleton6348]

Class act always was always will be

[@countyorga764]

Children overboard - lie, wmd - lie, deputy sheriff to George wanker Bush etc etc. Keep searching for excuses 👏👏.

[@CatsandJP]

Time for Howard to disappear…he’s too old….he’s like Trump waffling and warbling on….losing site of what he’s saying…..using “the wave”….and almost incoherent.

[@bullshitstomper9417]

*losing. Don’t like Johnny and you’re too uneducated to make a proper opinion on matters

[@LouMinarty420]

*losing. If you can't even spell, why should we care about your politics?

[@CatsandJP]

@@LouMinarty420Why should I care about your comment…because I DO NOT..off you pop.🤡🤡

[@maureenfreeman2770]

John please every time u campaign 4 Libs they loss keep it up

[@buildmotosykletist1987]

Yet another Labor supporter who can't spell.

[@julesmarwell8023]

WOULD some one please remind albo (the loser) that what cost $2 12 months ago NOW COSTS $12 OR MORE. don't kid us albo inflation is not 4 or 5 or 6 percent

[@shaunllewellyn6058]

How can anyone breath with the stupid excise tax??????? How far will just that one tax go???????????

[@bullshitstomper9417]

Albo clone

[@juegop]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@sick586]

It's either we invest OR get rid of the Electoral College and let We the People of the United States of America choose our own leaders!

[@babyyiki]

Which unfortunately takes 2/3 of congressional support in each state in order to enact

[@JumaGusnita-fn1fk]

It would require a constitutional amendment, so it's more something to work towards than something likely to happen any time soon I will invest for the tomorrow.

[@tomaszchojnicki]

whomsoever created the Electorate College was a whimp, certainly. Haha just cash 70k from crypto 💯

[@fabricioab]

I agree get rid of electoral college, how do crypto work pls?