Irrefutable Facts from the ABS: Mismanagement at Its Worst

The Australian Bureau of Statistics (ABS) has laid bare the impact of the Labor Party’s economic mismanagement. While the government continues to pour billions into projects like the National Broadband Network (NBN)—with an additional $3 billion on the table to marginally improve internet speeds for some households—the costs fall squarely on taxpayers. At an estimated $5,000 per household, this is yet another burden on Australians already grappling with skyrocketing living costs.

Here are the latest figures illustrating the ongoing strain on Australian households:

  • Gas prices: up 36%
  • Electricity prices: up 32%
  • Financial and insurance costs: up 18%
  • Rents: up 17%
  • Food prices: up 12%
  • Education costs: up 11%
  • Health expenses: up 10%

These alarming statistics reflect more than just numbers—they represent real hardship for families and individuals trying to make ends meet. While these are the current increases, we all know the cost of living is out of control and shows no sign of stabilising.

It’s time for accountability and for prioritising policies that deliver tangible benefits to all Australians, not just costly headline projects. The focus must shift to measures that address inflation, reduce energy prices, and provide relief to struggling households. Otherwise, this cycle of unchecked spending and soaring costs will continue to erode the financial security of everyday Australians.

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2 comments

  • Brian J. Hurlock January 19, 2025   Reply →

    While any government, this or the next, pursues the insane economic suicide caused by the demonisation of CO2 and coal, and the pursuit of the impossible to achieve “Target Zero”, we will continue to suffer those 30+% rises in the price of electricity and gas caused by the equally insane pursuit of imposing the “renewables” for baseload power throughout Australia!

    When that happens, at EVERY stage in the supply of ANYTHING – from production to transport to distribution to retail sales – at every stage along the way those 30% or whatever increases in the cost of power get added on! No wonder the huge increases in our costs of living have occurred! It’s a natural progression of an inflationary trend! It won’t stop until we can get the REAL costs of power production DOWN! Simple!

    We have only ONE quick, economic, reliable, efficient way back to some economic stability in Australia, and that is the immediate support to save existing coal-fired power stations; free up any and all restrictions on supplying Australian gas to the Australian people, AND for authorising the search for more gas reserves; and immediate planning for at least 2 or 3 new HELE coal-fired power stations, in situ on established long-term coalfields (Clive Palmer would almost certainly be interested in investing in at least one, provided he could be guaranteed an open competitive market with NO subsidies for “renewables!).

    Then, take whatever steps are necessary to abandon support for the biggest, most costly, most environmentally destructive FRAUD in the whole history of Mankind i.e. so-called Catastrophic Anthropogenic Climate Change (manipulated) Theory!

  • K.R. Taylor January 20, 2025   Reply →

    Wind and Sun Power are the Greatest Scams the World has ever seen. It is strange how it only is being supported by the countries who are not Governed by Socialists or Communists. Maybe these countries of Socialists and Communists know more about it than the rest of the Hoodwinked world do. This Scam seems to only affect true Capitalist Countries, That was until our last election when we were invaded by the Looney Left Socialists.

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