Business Brief: Population intake, growth and recession warnings | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

.ScottMorrisonMP on the impact of AustralianLabor's 'Housing Tax' policy: If you're fortunate enough to be paying around $500 per week for your apartment, you'd be paying around $4,000 a year. 'Labor's housing tax will punish everybody.' MORE: newsday

FULL INTERVIEW: Alphabeta economist Andrew Charlton says the consequences from the Coalition’s recently announced population policy could have ‘quite a significant effect on growth’.

Prime Minister Scott Morrison announced on Wednesday the government would lower the annual permanent migration intake by 15 per cent to 160,000 and would move to redirect new arrivals to regional centres. Mr Charlton has highlighted the key role played by ‘strong population growth’ in ensuring Australia has not suffered a recession in 25 years. He warns if Australia didn’t have strong population growth the ‘per capita recession’ concerns would turn into ‘an actual recession’.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ScottMorrisonMP AustralianLabor Shows us labor’s policies on housing so we can make our own decision rather than listening to half truth coming from the liberals or their scaremongering campaigns.

ScottMorrisonMP AustralianLabor No no no. This is bullshit and you know it

ScottMorrisonMP AustralianLabor Your supporting evidence to this lie is....... Crickets.....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Brief: Wages, employment rates and the big 'trade-off' | Sky News AustraliaFULL INTERVIEW: Your Money host Peter Switzer has weighed in on Labor leader Bill Shorten's 'referendum on wages', saying it is a 'trade-off' between having a bigger pay package or a higher employment rate.\n\nMr Switzer says 'wages are being paid out, albeit at a lower level' highlighting that wages per person aren't going up at the level 'most people want' because of high employment rates.\n\nThe latest figures indicate Australia's unemployment rate is remaining steady at 5 per cent, its lowest level since mid-2011.\n\nMr Switzer says there is a huge 'disconnect' between Australia's expenditure GDP and income GDP, indicating it could be a source of a 'hidden boom'.\n\n\n\n YourMoneyAus peterswitzer AustralianLabor billshortenmp These is a long, long way between where we are now with wages and 'High Wages' that would effect employment. The RBA are arguing that the LNPs low wages polices are actually hurting economy. Auspol YourMoneyAus peterswitzer AustralianLabor billshortenmp Recent minimal wage increases in multiple US states do not support this assertation. YourMoneyAus peterswitzer AustralianLabor billshortenmp Raise the tax free threshold instead ...
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Education and small business the focus ahead of NSW state election | Sky News AustraliaWith 11 days until polls open in New South Wales, education and small business are the focus of the election campaign. \n\nState Labor Party leader Michael Daley has pledged $7.4 billion to rebuild 204 schools across the state, if successful at the March election. \n\nMeanwhile, Premier Gladys Berejiklian has announced a package for small businesses including better insurance premiums, deals on energy bills and payroll tax cuts. \n\nIt comes as an exclusive Newspoll conducted for The Australian has revealed the Coalition and Labor are dead-locked at 50-50 two-party preferred.\n\nImage: News Corp Australia \n\n\n\n\n michaeldaleyMP everyone nod in the background michaeldaleyMP Labors priorities - junket overpriced jobs for CFMEU Unions 👎😠 michaeldaleyMP ... and a monster deficit. Not to mention ministers in jail over pedophilia, corruption and armed robbery. Surely we don't want to go back there again.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Education and small business the focus ahead of NSW state election | Sky News AustraliaWith 11 days until polls open in New South Wales, education and small business are the focus of the election campaign. \n\nState Labor Party leader Michael Daley has pledged $7.4 billion to rebuild 204 schools across the state, if successful at the March election. \n\nMeanwhile, Premier Gladys Berejiklian has announced a package for small businesses including better insurance premiums, deals on energy bills and payroll tax cuts. \n\nIt comes as an exclusive Newspoll conducted for The Australian has revealed the Coalition and Labor are dead-locked at 50-50 two-party preferred.\n\nImage: News Corp Australia \n\n\n\n\n No-one has yet to question Photios, on why as a member of the Liberal Party, he donated thousands of dollars to Labor.
Source: SkyNewsAust - 🏆 7. / 78 Read more »