What was that, PM?

Well intentioned, I suppose, but it’s unlikely to address many Australians concerns about their rising cost-of -living.

And the cost-of-living is clearly related to our rapidly escalating land prices and all the taxes that we levy on our incomes and purchases, not to Trump’s invasion of Iran – although, yes, that’s likely to exacerbate the situation. We didn’t need that.

Let’s hope your national press conference today* is a little more forthcoming and relevant to the increasingly impossible levels of private debt to which many Australians have been shackled, Prime Minister. Unaddressed, that’s going to end badly.

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• *post hoc – Nice speech today, PM, but: –
• The 230,000 home purchasers being backed by the federal government to buy a home on a 5% deposit has added enormously to the incredibly mounting level of private debt: a major problem to be fixed – or else!
• Yes, we do need to meet contracts with our gas exports, but they’re of little use to Australia and Australians if we’re not capturing the rent for the gas, i.e. before income tax: that’s another terrible shortcoming! Please do something in this connection!
• You need to do more than talk up our confidence, otherwise it’s nothing but a CONfidence trick, PM.