#gregjericho — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gregjericho, aggregated by home.social.
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The RBA says rate rises don’t really increase living costs. But the data is clear – they very much do | Greg Jericho
By Greg JerichoThe latest cost of living figures show interest rate rises are having an impact on household costs, despite what the central bank says
#Australianeconomy #Interestrates #ReserveBankofAustralia #TheGuardian #GregJericho
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The RBA says rate rises don’t really increase living costs. But the data is clear – they very much do | Greg Jericho
By Greg JerichoThe latest cost of living figures show interest rate rises are having an impact on household costs, despite what the central bank says
#Australianeconomy #Interestrates #ReserveBankofAustralia #TheGuardian #GregJericho
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The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses? | Greg Jericho
By Greg JerichoThe latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlier
#ReserveBankofAustralia #Australianeconomy #Costoflivingcrisis #Interestrates #Australianews #Oil #Inflation #TheGuardian #GregJericho
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Pressure is growing inside Labor to properly tax gas exports. Here’s what a 25% tax could pay for
By Greg JerichoA change in the ALP’s platform signals the fight to get a fair return for our resources is not over
#Tax #Laborparty #Gas #Australianpolitics #Australianeconomy #AnthonyAlbanese #Commodities #TheGuardian #GregJericho
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One Nation’s economic thought bubbles have little substance – except for one | Greg Jericho
By Greg JerichoThe idea of a people’s bank has been long floated by the Greens. Anything that reduces the oligopoly power of the big four banks is a good thing
#Australianeconomy #Housing #OneNation #BarnabyJoyce #PaulineHanson #Australianews #Australianpolitics #Banking #ReserveBankofAustralia #Business #Interestrates #TheGuardian #GregJericho
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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#GregJericho in The Guardian on Super, tax concessions and MSM’s agenda for all to see.
“. Let’s stop right there.
We don’t give tax breaks on superannuation so that you can fund the inheritance of your children.
Tattoo that on your eyeballs.
Superannuation tax breaks are designed to encourage you to save so you do not need to rely on the age pension. It is not so your kids can get a head start in life. That might be a nice thing for you to do but there is zero public benefit in giving you a tax break to do it.”I might add that if helping out your kids is the purpose, then Super is not the financial vehicle to do this. Kids do need financial help, that’s a given for the majority. But the time to help them is a constant responsibility for parents (my kind of parenting anyway). And parents who can afford it ought to do this as needs arise to the best of their ability.
MSM tends to portray a reduction of tax concession as a tax on super. It is not. It is a reduction of tax concession which were put in place to encourage ‘saving’ for retirement. Given that Australians now have super (whether they like it or not) that incentive is no longer warranted IMHO. One important thing is left to do… encouraging all workers to seek the best place to put those Super dollars in and the govt could help there by publishing comparative tables with pros and cons based solely on returns to investors/super.
IMO
Opinions vary of course, why shouldn’t they?
Read more: https://www.theguardian.com/business/grogonomics/2025/jun/26/super-tax-debate-highlights-everything-wrong-with-australias-media-and-economic-system? -
Another excellent piece from #GregJericho in #TheGuardian. We need more journalists who don't merely repeat the same propaganda for the rich.
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Another excellent piece from #GregJericho in #TheGuardian. We need more journalists who don't merely repeat the same propaganda for the rich.
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#GregJericho is probably the best thing in the #TheGuardian - well, tied for me with @firstdogonthemoon.
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#GregJericho is probably the best thing in the #TheGuardian - well, tied for me with @firstdogonthemoon.
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If economic management is your yardstick for evaluating a candidate govt… look no further. Here are the graphs, figures (ABS supplied) and arguments that you need. Spoiler alert: you shouldn’t vote for the #LNP.
#AusPol #Economy #AusElection25 #GregJericho
By getting tangled up on inflation and exaggerating numbers, Peter Dutton has blown the opportunity he was handed https://www.theguardian.com/business/grogonomics/2025/may/01/by-getting-tangled-up-on-inflation-and-exaggerating-numbers-peter-dutton-has-blown-the-opportunity-he-was-handed?CMP=Share_iOSApp_Other
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#GregJericho in #TheGuardian writes after #Trump ‘s steel and aluminium tariffs announcement. He writes about #LittleJohnny ‘s ‘historic’ #USAFTA and notes that the trade agreement is not worth the paper it was written on:
“If a free-trade agreement is able to be ignored as a mere scrap of paper, how rock solid are agreements to deliver submarines at some vague point in the future and only when the US has decided it does not have any need for them.”
I’ve been thinking for some time that the fate of #AUKUS is as good as a Dodo’s without being able to put my finger on the cause. It was just a gut feeling. As an afterthought, tier 2 might survive it all. Who knows at this stage.
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Greg Jericho (in The Guardian) concludes with:
“Right now, the government is choosing to deliver $50bn a year to the richest 10% of Australians for no real, discernible public good that benefits the nation. Maybe that deserves a bit more attention than we give predictions of budget estimates which will soon be forgotten and likely be wrong.”
Come on #AlboPM what are you waiting for? Christmas?
I guess I have now confessed my deep regards for #GregJericho’s economic nous. Ah well, he deserves it. He is in the same basket as #AlanKohler in good company.
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The LNP is nothing but a crowd of ‘disrupters’ hell bent on some alternate reality. They are the bulls in china shops. Demented and without reason. Berserkers.
#gregjericho #LNP #Noalition -
CW: The pandemic showed us that poverty is a policy choice – we must do better
The pandemic showed us that poverty is a policy choice – we must do better
https://www.theguardian.com/business/grogonomics/2022/dec/14/the-pandemic-showed-us-that-poverty-is-a-policy-choice-we-must-do-better?CMP=Share_iOSApp_Other -
Spent the last few hours curating a list of following. Fingers crossed many of those I follow on Twitter migrate too like #MichaelWestMedia #RonniSalt #TheSaturdayPaper #RexPatrick #crikey #prguy #independentaustralia #SimonHolmesaCourt #lauratingle #squizz #gregjericho #solomonk #rexchapman