Be on his 18th wife by then 
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I think some large percentage of Australians are directly or indirectly(eg contractors) public servants.
Huge section of the economy.
2 things . the liberal ideal is to come in and cut the waste as they say which is the public service , so right up front they are talking about putting families out of work and demonizing them as all useless and lazy ..second point now is the demonizing of renewable energy and including electric vehicals. this makes no sense . they are proudly saying they will end all government subsidies to an entire industry that a fair percentage or the population now is directly invested in. new car sales home solar and home batteries .
It just does not make any sense at all to point and scoff at this as if itâs a scam . then promise to spend billions or dollars on old polluting tech as it this is somehow magically going to bring down prices
this is the main reason they have gone down the gurgler over the last decade in my opinion.
increasing dependency on fossil fuels especially overseas oil and diesel is the exact opposite or what we should be doing with all we have achieved in the last 15 years to electrify
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the entire economy is held up by mining, construction and the public service
if you take the sword to any of them, then everything else is fked
i donât doubt for a minute that thereâs decently-sized sections of the public service that are wholly dedicated to producing pdfs that no one ever reads, but because weâre a largely service-based economy now, everything else is dependent on others having disposable income.
We all work for the government directly or indirectly. They take nearly 50% of your income if youâre successful.
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donât worry the private sector will pay for it.
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From my experience, there is a bit of that at federal level.
But at state level, in Victoria? Right now? So many departments are already running skint on staff, with fark all money for any new projects, that any further cuts (on top of the large cut a few months ago) is going to have serious ramifications on some very important services.
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And how many are successful because their enterprise relies on spending directly or indirectly from the public purse?
The government is everywhere.
If you were in Sydney and had a yarn to a guy in Mosman or Vaucluse. If he made his millions of money here - fair chance itâs a slab of money courtesy of some form of government spending.
Itâs just the Australian economy. Iâd hazard at a guess it looms large when really diving deep into GDP.
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Not entirely accurateâŚbanking is the main sector of profitability in Australia. HmmmâŚWhat does that say about usâŚ?
The table below highlights performance and growth expectations for the primary listed corporate groups outside of materials, mining and property development:
- Banking and Financial Services: This sector remains the primary engine of non-mining profitability. Supported by elevated interest rates, the major banks and insurance providers generated a combined corporate tax contribution of A$17.8 billion. However, credit growth is softening, keeping forward earnings projections humble at around 3%. [1, 2, 3]
- Retail and Wholesalers: Supermarket giants and consumer staple operators represent the second largest tax-paying segment at A$22.1 billion. Discretionary retail, however, has experienced tight profit margins as consumers limit spending due to cost-of-living pressures. [1, 2, 3]
- Technology & Software-as-a-Service (SaaS): The information technology sector leads growth in this group, with profit projections scaling up 22%. While highly profitable per dollar of revenue, the sector remains a small overall percentage of the total Australian market cap compared to international markets. [1, 2]
- Energy and Utilities: Experiencing notable tailwinds, the energy sector has recorded profit growth expectations of 38% due to global energy market fluctuations and higher oil prices. [1]
Be fair, a good 50% of them are career grifters, politics being their current grift
Get a better accountant. 50%. ha!
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see this is why any kind of discourse around âthe economyâ is a fools errand. everyone has a completely different idea of what âthe economyâ means.
stabby has taken it to mean profit. i meant activity/production. lawry means his bank balance.
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As a Mosman resident I take offence to that statement 
This looks kind of impressive.
Well why didnt you say so?
Wont someone think of the consumers
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Itâs effectively a god
Canât really be defined. Canât be physically touched. But we all know its name.
Sometimes it affects you negatively, sometimes positively. Sometimes we need to make offerings to it.
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$85K plus super â â â â â !
Only pay about 17% FTW
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Does anyone know what this greens senator âallegedlyâ said that has him in hot water?
Allegedly?
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