Unpacking the Budget | Unparliamentary with Rachel Withers, Greg Jericho and Matt Grudnoff

Unparliamentary is the Australia Institute’s fortnightly show that gives you the scoop on what’s happening in federal politics.
In this special episode of Unparliamentary, we unpack the federal budget with journalist Rachel Withers, as well as our chief economist Greg Jericho and senior economist Matt Grudnoff.
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[@gerardbiddle1808]

Thank you Ebony, Rachael, Matt and Greg for the report on the zoom seminar on the unpacking of the UNparliamentary performance of the ALP on the ability of Albanese et al to handle the STRUCTURAL PERFORMANCE IN THE BUDGET AND ISSUES FACING THE NATION. It is disappointing to see the holes in the issues facing the nation and promises, including the promises of the ALP to the nation prior to the last election. Congratulations to the Australia Institute for the presentation and for bringing the competency of the ALP to manage the national issues to the fore. One is forced to question the ability of whether the ALP is capable of managing the business of the nation, including the NACC, ASIC, GAS STRATEGY and corruption scandals of the Morrison government. Enough is enough!!! 💥💥😡🇦🇺🇦🇺🙏🙏. God help us all 🙏. 💥💥💥💥💥 24:04

[@marrta61]

I am truly disappointed in the Labor Party. They seem to think all is well so long as they tweek a little here and there. It is not ok that people who can't afford a home are subsidizing those property investors which include our pollies! It is not ok that people who can't afford private health subsidize those that can! It is not ok that public schools are funded far less than private schools! That's what we get though when the wolves are in charge of the sheep farm!

[@johannbrandstatter7419]

Great start - but that list is indeed hell of a lot longer ! Worse - we are in for more and worse !

[@leonie563]

Have you not played poker? There are hands you hold. PM played first card saying Budget 2025 is in March 2025. That just sent a message. The immigration cuts was another. But if there isn't more on housing and low income support everyone have a choice of Primary Vote this Election 2024. Talk is before Xmas.....

Thank you for your analysis.

[@tomstruct]

Thanks team 🎉

[@JohnH1]

Labor trying to keep everyone happy is the wrong approach in my opinion. I agreed with Labors changes to the stage three tax cuts but they could have gone further. I don't agree with giving out rebates or cash handouts as they diminish over time because of rising costs. They are also subject to review year on year by politicians, who change their stance according to the opinion poles. Raise the rate of unemployment and pensions, raise the tax free threshold. These are permanent and give a bigger improvement over time because annual increases are % based. One more thing if the Reserve Bank is so insistent on have a permanent % of people unemployed we should be looking at a better way of supporting these people rather than the cruel and subjective 'Mutual obligation' nonsense that Howard brought in.

[@marrta61]

I suspect our Pollies are on the take from gas companies. What other explanation could there be?

[@marcoschena99]

$300 power to all was very lazy and frankly a was of our tax payers money. People on $120k plus do not need a cheque for $300, including all the politicians. They could have easily means tested the payment once tax return was complete. I do wonder if the stage three tax cuts are going to increase inflation. That is around ~$25,000,0000,000 extra in the economy to spend/save/reduce debt. I cannot see how ~$2,000,000,000 each month in the economy will not result in people spending more money. What out RBA. Might need to put up interest rates again.

[@tonidantonio9877]

But they are going to now charge us for any energy that goes to the grid. So 300mill s 180 equals 120.

[@damitrx2]

Here’s a policy idea, how about we give me back my super so I can use it now or invest it in ETFs costing me .1% instead of paying 1% to the superannuation company. Get rid of subsidies for super and just pay more pension. We do it education, roads and hospitals why not pension. Can the government not compound its returns for the future? I bet we could double the pension tomorrow and that would be a good thing for everybody.