Monday 21 December 2020

Fighting Fake News with REAL 21/12/20; The LNP's Lack of Recovery; Top down boost fails again; Australia the one trick pony;

 

 

 

 

 

 Planned tax cuts could increase inequality and do little to boost the economy, new global research suggests.

Top end tax cuts fail economy and boost inequality: studies

New overseas research including work on Australia's tax system suggests planned tax cuts may boost inequality and fail to lift productivity.

 Forecast iron ore exports have been revised up $26 billion in three months due to surging prices. But other parts of the resources sector are struggling.

Australia's iron ore miners cashing in, while manufacturers on edge

 The Government's one trick pony?

Higher iron ore prices will deliver the sector a $26 billion windfall, but other resources and manufacturers are facing a tough end to the year.

 


 

In the 70s the measurement of an average household was a family of 4 Husband wife 2 kids and one person working. It seems things haven't changed except everyone is much older and even one person isn't guaranteed to be working.

 


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