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Gloom

Summary:
Hard to describe how depressed I am feeling about Australian politics right now. The Voice Referendum was always going to be a longshot because referendums usually fail. But Albanese’s refusal to put forward a model, and the promotion of someone as abrasive as Noel Pearson as a leading advocate risk a defeat so bad that the fallback of option of a legislated Voice is unlikely. In economic terms, Australians will be worse off by the next election than when Labor was elected – lower real wages, higher unemployment, higher interest rates, a more regressive tax system. The fact things would have been even worse under the LNP doesn’t cheer me up And just to make the picture complete, the Greens are overplaying their hand on housing. Should let #HAFF thro Share this:Like

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Hard to describe how depressed I am feeling about Australian politics right now.

The Voice Referendum was always going to be a longshot because referendums usually fail. But Albanese’s refusal to put forward a model, and the promotion of someone as abrasive as Noel Pearson as a leading advocate risk a defeat so bad that the fallback of option of a legislated Voice is unlikely.

In economic terms, Australians will be worse off by the next election than when Labor was elected – lower real wages, higher unemployment, higher interest rates, a more regressive tax system.

The fact things would have been even worse under the LNP doesn’t cheer me up

And just to make the picture complete, the Greens are overplaying their hand on housing. Should let #HAFF thro

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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