Does it feel like inflation is going down to you?
The government claims it’s winning the battle, yet out in the real world everything is still getting more expensive and nothing is anywhere close to the price it was 5 years ago.
You’re not crazy – the government’s just trying to gaslight you and tell you things are better than they are heading into an election. Only One Nation would make the real changes to put more money back in your pocket.
Transcript
One Nation supports this matter of urgency. During 2024 alone the living cost index for wage and salary earners rose four per cent, down from a high of six per cent earlier in the year. The reduction has been caused, in large part, through electricity subsidies. The government is paying your bill for you! The underlying inflation rate is still there, ready to reappear after the next election, when the government stops paying those subsidies.
Rising electricity prices for business are not being subsidised, increasing prices in supermarkets, retail, wholesale and manufacturing. The public see the price rises and don’t realise they are, in large part, the result of net zero measures, which One Nation will bring to an end, reducing power bills by 20 per cent immediately, and by much more over forward estimates.
Alcohol and tobacco costs rose due to the five per cent excise indexation and a cash grab the government calls AWOTE, where the more workers earn, the more the government increases the excise. One Nation will freeze all excise increases for three years. Watch for further announcements on this subject.
Insurance and financial services costs rose 13 per cent due to higher premiums for house, home contents and motor vehicle insurance. Insurance companies are becoming increasingly concentrated. Queensland’s Suncorp owns AAMI, GIO, Bingle and Shannons among others. Over the last five years Suncorp’s cash earnings rose from $59 to $108, and their share price rose from $9 to $17. One Nation will fund the ACCC, the Australian Competition and Consumer Commission, to ensure insurance companies are not ripping off consumers, including using fraudulent flood and bushfire maps to hike premiums. One Nation will remove the GST on insurance premiums.
Finally, the fall in inflation coming from a small reduction in the petrol price is significant. It proves One Nation’s policy to cut fuel excise by 26c per litre, and our other measures, will reduce inflation to make room for an interest rate cut. One Nation means more money in your pocket.
Since Labor under Albanese came to office everything has skyrocketed in price and they are doing nothing about it . Without going into the financial details as to what and why it’s become this evident during the last 3 years . Albanese is the worst PM in the history of the country , we know it , he knows it it’s blatant criminal dictatorship . Labor have always had socialist leanings to keep people poor and reliant as it’s a method to control by disallowing those who excel above the average to become recognised for their achievements , so you have an engineer or an inventor on the same salaries as someone who is resigned to remain unemployed . However whilst the socialists are not practicing what they are preaching their lifestyles and incomes are very very different