Fiscal stimulus effects …

Opposition leader Turnbull has decided to go to the wall in opposing the $42 billion package. In particular, they want tax cuts rather than the $12.7 billion in cash handouts. He said they will not be provide economic stimulus and that December’s $10.4 billion in handouts had not worked. Soon after Turnbull provided these conclusions the ABS released the latest retail trade figures which showed that consumer spending shot up by 3.8 per cent in December, the highest monthly increase since August 2000 (since the GST came in).

Read more

Thirsty and hot Koala …

Things are going crazy with the climate these days and certain animals are coming up with new coping strategies. I was sent some photos yesterday about a Koala that got hot and thirsty in South Australia during its current record heat wave.

Read more
Back To Top