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Tag Archives: Surplus
Credibility-Free Budget: Swansong Signals Joke Nearing Its Punchline
JUST HOURS from now, Wayne Swan will deliver his sixth and last budget: a document innocent of credibility, it will consolidate callous spending cuts, dishonest rhetoric, unaffordable promises, and blatant adversarial politics. The budget — and its author — should … Continue reading
Budget Surplus Fantasy: We’ll Deliver In 2017, Says Wayne Swan
LIKE a delusional sycophant refusing to acknowledge a reality he has already admitted, self-important bubble and Treasurer Wayne Swan has wasted no time returning to form, and is now talking up the Gillard government’s “credentials” to deliver a budget surplus … Continue reading
$22bn Deficit For 6 Months To December: Surplus? What Surplus?
GOVERNMENT FIGURES released today — at 5pm on a Friday — confirmed what everyone except the Gillard government already knew: far from narrowly missing a surplus this financial year, the federal budget is already in deficit to the tune of … Continue reading
Tax-Free Threshold To Be Abolished: ALP
TWO SENIOR MINISTERS in Julia Gillard’s government dropped a bombshell today, with revelations the tax-free threshold on personal income is to be dumped; there is some dispute as to whether the measure is to be trimmed or abolished altogether, but … Continue reading
The Puddle Of Urine Around Wayne Swan’s Shoes
The breaking news this afternoon that the Gillard government is abandoning its surplus commitment comes as no surprise whatsoever; I have been watching the live coverage of Wayne Swan on Sky News, and the self-important bubble looks so frightened I … Continue reading
Posted in Uncategorized
Tagged Australian Labor Party, Australian politics, Budget, Deficit, Elections, Joe Hockey, Julia Gillard, politics, Surplus, Tony Abbott, Wayne Swan
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Budget, Schmudget: Sleight-Of-Hand Swan Delivers Duplicitous Gillard Deception
”The deficit years of the global recession are over,” Treasurer Wayne Swan declared, in tonight delivering the federal budget for 2012-13. ”The surplus years are here.” And if you believe that, then at about 6am tomorrow you’ll be looking for … Continue reading
Just How Bad Is The Economic Situation In Australia?
It’s not a very scientific analysis, I know, but sometimes raw observations can be the most powerful. I spent an hour wandering around Westfield Southland tonight, and what I saw got me thinking about a whole slew of layman’s economic … Continue reading
Posted in Uncategorized
Tagged Australian politics, Carbon Tax, Cost Of Living, Economic Growth, federal budget, Interest Rates, politics, recession, Surplus, Unemployment, Wayne Swan
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