Comments by "Actual Facts" (@actualfacts1055) on "Australia needs a government that can ‘properly control’ the nation's finances" video.

  1. 6
  2. 3
  3. 2
  4.  @pwillis1589  Debt in Australia compared to most other countries is relatively low as a percentage of gross domestic product, with inflation and as the population and economy grows the dollar size of the debt will increase. The previous Government took advantage of record low interest rates over a long period to fund the Pacific Highway upgrade, Second Sydney Airport and the NBN which Labor wanted to spend a lot more on with fibre to the premises, and the NDIS. Granted that Scomo has a mentally disabled relative so he let the NDIS become more of an entertainment service for anyone with a slight disability, but Bill Shorten shows no signs of reigning that in. The pandemic increased debt considerably and Labor wanted to increase and extend job keeper to increase the debt. Labor State Governments kept borders closed for political reasons causing tax revenue to plummet. Governments and big companies use debt to expand their operations and benefit accordingly, it's nothing new. Let's see how the debt goes under a Labor Government but Labor is now funding their activities through the Future Fund and Union run super funds and calling it investments so it won't show up as debt on the books but Australians will end up worse off as a result. Do you have any suggestions where money can be saved because Labor is hell bent on wasting money on the Voice and deterring investment in new coal and gas projects and spending a fortune on transmission for renewables which could be avoided with replacing coal power stations with modern nuclear power stations. When it comes down to it maximising export income should be the number one priority but Labor has turned Australia into a high sovereign risk nation discouraging investment by Australian and foreign companies which will make us all worse off. How is that for two minutes of research ?
    2
  5. 2
  6. 2
  7. 1
  8. 1
  9. 1