Frydenberg banks on tax refund boost as business confidence ebbs

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Government hoping shoppers rush to spend tax refund as post-election business confidence slows | swrighteconomy

, is the most confident sector, enjoying the strongest conditions.

"Forward-looking indicators suggest that there is unlikely to be a material improvement in conditions over the next few months, with forward orders remaining very weak. This suggests the pipeline of demand is weak and is consistent with below-average confidence."

 

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swrighteconomy Dream on

swrighteconomy Sorry shops, HECS repayment ate my $1,080 bribe offset.

swrighteconomy So the govt doesn't want itself to get into debt and stay in surplus .. but when it comes to citizens .. we are expected to take on more debt and spend money on non essentials.. wishful thinking I would say 😆

swrighteconomy A band aid solution, from an inept Federal Government, that will only pump the economy for one quarter. Raise Wages, that's what Scomo should be doing, not handing out bribes. Austerity measure economic policies are doomed to fail in the long-term.

swrighteconomy It will get spent alright, on bills!

swrighteconomy I will take a bet now that government hopes will be dashed. Will never meet their expectations. Budget surplus will also be a non event.

swrighteconomy The economy and housing industry is tanking while the Libs sit on their hands. Weatherill and Shorten where on top of this and idiots voted them out. HousingCrisis HTTA.

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 /  🏆 6. in TH

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